Company WEX Inc.

Equities

WEX

US96208T1043

Business Support Services

Real-time Estimate Cboe BZX 10:46:17 2024-04-19 am EDT 5-day change 1st Jan Change
230.6 USD +0.32% Intraday chart for WEX Inc. -2.21% +18.56%

Business Summary

WEX Inc. provides a global commerce platform, which owns and operates a business-to-business (B2B) ecosystem. The Company operates through three segments: Mobility, Benefits, and Corporate Payments. Its Mobility segment provides payment processing, transaction processing, and information management services specifically designed for the needs of fleets of all sizes from small businesses to federal and state government fleets and over-the-road carriers. Its Benefits segment provides a Software as a service (SaaS) platform for consumer directed healthcare benefits and a full-service benefit enrollment solution, bringing together benefits administration, certain compliance services and consumer-directed and benefits accounts. Its Corporate Payments segment focuses on the complex payment environment of global B2B payments, enabling customers to utilize its payments solutions to integrate into their own workflows and manage their accounts payable automation and spend management functions.

Number of employees: 7,200

Sales per Business

USD in Million2022Weight2023Weight Delta
Mobility
54.3 %
1,444 61.4 % 1,383 54.3 % -4.22%
Benefits
26.2 %
505 21.5 % 668 26.2 % +32.48%
Corporate Payments
19.5 %
402 17.1 % 497 19.5 % +23.51%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
86.1 %
2,062 87.7 % 2,194 86.1 % +6.39%
Other International
13.9 %
288 12.3 % 354 13.9 % +22.78%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 97-04-30
Director of Finance/CFO 54 22-05-24
Compliance Officer 53 13-12-31
Chief Tech/Sci/R&D Officer - Dec. 11
Chief Operating Officer 49 21-12-31
Public Communications Contact - 09-12-31
Investor Relations Contact 55 05-08-31
Comptroller/Controller/Auditor 49 19-03-31
Corporate Officer/Principal 48 22-01-02
Human Resources Officer 52 18-01-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 04-12-31
Director/Board Member 70 04-12-31
Director/Board Member 66 05-02-28
Chief Executive Officer 55 97-04-30
Director/Board Member 59 18-12-13
Director/Board Member 62 20-05-13
Director/Board Member 59 16-06-30
Director/Board Member 66 19-05-08
Director/Board Member 66 21-06-03
Director/Board Member 60 21-06-03

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 49,734,802 41,506,251 ( 83.46 %) 8,000,000 ( 16.09 %) 83.46 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
10.06 %
4,199,017 10.06 % 997 M $
Janus Henderson Investors US LLC
9.801 %
4,090,463 9.801 % 972 M $
BlackRock Advisors LLC
8.582 %
3,581,558 8.582 % 851 M $
Wellington Management Co. LLP
7.482 %
3,122,500 7.482 % 742 M $
Impactive Capital LP
5.046 %
2,105,947 5.046 % 500 M $
Eaton Vance Management
4.596 %
1,918,003 4.596 % 456 M $
PAR Capital Management, Inc.
4.433 %
1,850,000 4.433 % 439 M $
1,220,003 2.923 % 290 M $
JPMorgan Investment Management, Inc.
2.471 %
1,031,334 2.471 % 245 M $
Loring, Wolcott & Coolidge Fiduciary Advisors LLP
2.076 %
866,363 2.076 % 206 M $

Company contact information

WEX, Inc.

1 Hancock Street

04101, Portland

+207 773 8171

http://www.wexinc.com
address WEX Inc.(WEX)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
229.9 USD
Average target price
255.1 USD
Spread / Average Target
+10.95%
Consensus