WEX WEX Inc.

XNYS 192.09 Delayed
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

WEX $192.09 —
Key stats
$192.09
Pre-market $191.01 -0.56%
52-Week Range
$125.29 – $203.99
YTD
+29.45%
IV Rank (30D)
84.68
Straddle Price
$20.35
P/C Vol Ratio
1.49
Market Cap
$6.7B
Open
$198.00
Day Range
$190.39 – $198.45
Volume
551,263
Prev Close
$197.46
Fair Value
MODEL: NEUTRAL

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.96%
Beta vs SPY1.03
Cost of Equity (CAPM)10.60% (VRP-adj)
WACC8.68%
Volatility Risk Premium+39.1pp (IV − HV30), ERP adj +50bps
Effective Tax Rate27.8%
Rev. Growth (YoY, DCF input)+8.9%
DCF Horizon10 years explicit + fade
Forward Tilt (NTM/TTM)×1.09 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.1B
Return on Equity (TTM)26.1%
Book / Price19.9%
Gross Margin (TTM)59.6%
FCF Margin (TTM)3.9%
Debt / Equity2.62
Quality Score2/6 — normal (10y DCF)
SMA 50$186.69 (Market Anchor value)
SMA 20 / Bollinger Mid$178.36
Bollinger Width / SMA2011.6% (drives anchor stability)
Net Debt$2.4B
Market Cap$7B
Peers used for multiples: COF, FIS, FISV, GPN, MA, PYPL, V, XYZ
60-Day Conviction
4%
20-Day Fair Value
≈ by Nov 25, 2026
$191.73
α -0.2% rank 30%
conviction
12%
40-Day Fair Value
≈ by Dec 24, 2026
$193.55
α +0.8% rank 30%
conviction
25%
60-Day Fair Value
≈ by Jan 22, 2027
$191.90
α -0.1% rank 30%
conviction
4%
MethodImplied PriceWeightDetail
DCF $7.84 11%
DDM (Gordon) n/a 0%
Peer P/E $132.73 10% median 12.2× · 7 peers
Peer EV/EBITDA $320.90 10% median 12.0× · 8 peers
Peer P/B $62.92 2% median 1.6× · 8 peers
Peer P/S $147.94 6% median 1.7× · 8 peers
Market Anchor (SMA50) $186.69 40% stability 92% (BB-width)
Options Expected (B-L 30d) $192.48 22% 21 strikes · skew +0.33
As of 2026-10-27 · updated
About
Industry (SIC)
SERVICES-BUSINESS SERVICES, NEC (7389) · industry map
Exchange
XNYS
Market Cap
$6.7B
Employees
6,600
List Date
2005-02-16
CIK
0001309108
Next Earnings
2026-10-28 (After-Close)
EPS Forecast
$4.92 (7 est.)
Headquarters
Portland, ME
Homepage
https://www.wexinc.com

WEX Inc is a commerce platform that provides seamlessly embedded, personalized payments solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the top segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software pla…

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan-4.37%12.10%14.22%4.62%5.02%3.71%5.88%
Feb6.44%1.95%1.31%6.51%-13.71%-2.57%-0.01%
Mar-2.24%10.35%-5.10%7.91%1.42%-3.14%1.53%
Apr-5.19%-3.65%-3.99%-10.98%-18.98%-0.02%-7.14%
May-3.74%4.29%-4.72%-10.55%9.46%-4.09%-1.56%
Jun-4.96%-8.34%7.51%-4.17%11.59%-5.57%-0.66%
Jul-4.30%4.94%3.41%4.55%12.68%29.30%8.43%
Aug-0.44%-7.20%2.21%6.02%2.99%1.76%0.89%
Sep-3.61%-17.42%-6.18%11.23%-6.85%-10.60%-5.57%
Oct-17.88%21.58%-10.86%-17.56%-8.61%13.89%*-3.24%
Nov-17.74%2.06%4.42%8.56%-1.56%---0.85%
Dec13.51%-4.45%6.97%-7.38%1.71%--2.07%
Total-39.22%10.75%6.63%-6.23%-10.03%18.73%-3.23%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $178.36
SMA 50: $186.69
SMA 200: $163.96
Current: $192.09
EMA 12: $186.17
EMA 26: $183.48
MACD: 2.6841 | Signal: 2.8389
BEARISH
ADX (14): 24.27
WEAK TREND
+DI: 29.89
−DI: 16.74

Momentum Oscillators

RSI (14): 60.90
NEUTRAL
Stoch %K: 91.16
Stoch %D: 94.40
Williams %R: -21.98

Volume & Volatility

BB Upper: $196.82
BB Lower: $159.91
NEUTRAL
OBV: -20,363
Vol SMA 20: 541,171
Vol ROC: 25.46%
ATR: $5.54
True Range: $8.06
HV 20: 32.3%
HV 30: 33.1%
HV 60: 32.5%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary

Overall assessment: NEUTRAL (confidence level 6/10)

Key drivers and primary risks:

  • Recent positive news sentiment around WEX's revenue growth, innovations, and partnerships
  • Low volatility and stable beta relative to the market
  • Options market pricing a $18.70 move by expiration, indicating moderate upside potential

Primary risks:

  • High IV rank could indicate overpricing of options, leading to potential mean reversion
  • Recent news headlines may not be directly impacting technical signals, leaving room for future catalysts to drive price movements

Investment thesis: WEX's steady growth and innovations position the company for continued success, with potential upside driven by upcoming catalysts. However, high IV rank and stable beta suggest caution is warranted.

Recent news sentiment impact:

  • Positive news headlines from last 10 articles:
    • Fuel Card Market Size to Hit USD 2480.39 Billion by 2035 (SNS Insider)
    • NAFA’s 2026 Media Day Highlights Groundbreaking Innovations and Industry Advances (GlobeNewswire Inc.)
    • Investor Takes $14 Million Position in WEX as Fintech Firm Generates Record $2.7 Billion in Revenue (The Motley Fool)

Technical Analysis

Trend Direction: Short-term: NEUTRAL, Medium-term: BULLISH, Long-term: BULLISH

Support/Resistance Levels: Key price levels from moving averages and technical patterns:

  • SMA 20: $194.42
  • SMA 50: $177.00
  • SMA 200: $158.21

Momentum Signals:

  • RSI interpretation (neutral): 56.04
  • MACD signal (bullish): 4.32 / Signal: -1.78 / Histogram: 6.11
  • Bollinger Bands position (squeeze): Upper: $203.58, Middle: $194.42, Lower: $185.27

Volume Analysis: Volume trends and institutional interest signals:

  • Volume SMA 20: 506827.22
  • On-Balance Volume (OBV): 2822861.30
  • Volume Rate of Change: -30.41%

News & Sentiment Analysis

Recent Headlines Summary: Key themes from last 10 news articles:

  • Revenue growth, innovations, and partnerships driving positive sentiment
  • No significant negative news headlines in the last 10 articles

Sentiment Assessment: Aggregate news sentiment: POSITIVE (7/10)

Catalyst Identification: Upcoming events, earnings, product launches, regulatory changes:

  • No specific catalysts identified, but potential future announcements could drive price movements

Risk & Volatility Assessment

Beta Interpretation: Risk relative to market (beta 0.51 = low risk)

Volatility Regime: Current vs historical volatility levels: Low (0.40) compared to historical averages

Options Market Signals: IV rank, put/call ratios, unusual activity:

  • IV Rank: 8.5% (Low)
  • Current IV: 42.5%
  • Expected Move: $18.70 (42 DTE), 7-DTE: $10.10
  • Volume Flow: 7 calls vs 44 puts
  • Open Interest: 8 calls vs 47 puts
  • Put/Call Volume Ratio: 6.29 (Bearish sentiment)

Downside Protection: Support levels and risk management considerations:

  • SMA 50: $177.00 (support level)
  • SMA 200: $158.21 (strong support level)

Market Context & Positioning

Sector Performance: Relative strength vs sector/market:

  • WEX's beta relative to the market is low, indicating a stable position within its sector

Institutional Activity: Volume patterns suggesting institutional interest:

  • No significant institutional buying or selling activity observed in recent trading periods

Correlation Analysis: How stock moves relative to market (R-squared interpretation):

  • Low correlation coefficient suggests WEX's price movements are not heavily influenced by the broader market

Relative Valuation: Position within trading range:

  • WEX is positioned within a relatively narrow trading range, with potential for further consolidation or breakout

Key Levels & Action Items

Critical Price Levels: Support/resistance to monitor:

  • SMA 20: $194.42 (support level)
  • Upper Bollinger Band: $203.58 (resistance level)

Breakout/Breakdown Levels: Technical levels that could trigger significant moves:

  • SMA 50: $177.00 (breakdown risk)
  • SMA 200: $158.21 (strong support level)

Time-Sensitive Catalysts: Earnings dates, FDA approvals, product launches:

  • No specific time-sensitive catalysts identified, but potential future announcements could drive price movements

Risk Management: Stop-loss levels and position sizing considerations:

  • Consider setting stop-loss levels at SMA 50: $177.00 (breakdown risk) or SMA 20: $194.42 (support level)

By analyzing the technical indicators, news sentiment, and market context, WEX appears to be in a relatively stable position with potential for further consolidation or breakout. However, caution is warranted due to high IV rank and stable beta, which may indicate overpricing of options or a lack of significant catalysts driving price movements.

Generated
News
All WEX news →
Showing 1–10 of 50
Page 1 of 5
Earnings History
19 of 22 under expected move
Avg Expected Move
7.59%
Avg Actual Move
5.11%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-02-24 After-Close 9.35% 5.24% 0.56x Within
2021-04-29 After-Close 6.46% 3.31% 0.51x Within
2021-07-29 After-Close 5.55% 2.51% 0.45x Within
2021-10-28 After-Close 5.77% 6.93% 1.20x Exceeded
2022-01-04 After-Close 4.74% 1.04% 0.22x Within
2022-07-28 After-Close 5.78% 2.30% 0.40x Within
2022-10-27 After-Close 6.08% 2.62% 0.43x Within
2023-02-09 After-Close 3.99% 0.75% 0.19x Within
2023-04-27 After-Close 3.32% 2.34% 0.70x Within
2023-07-27 After-Close 4.92% 1.39% 0.28x Within
2023-10-26 After-Close 6.35% 1.67% 0.26x Within
2024-02-08 After-Close 3.41% 2.47% 0.72x Within
2024-04-25 After-Close 5.32% 0.72% 0.14x Within
2024-07-25 Pre-Market 6.85% 3.73% 0.54x Within
2024-10-24 Pre-Market 7.77% 14.98% 1.93x Exceeded
2025-02-05 After-Close 19.19% 18.66% 0.97x Within
2025-04-30 After-Close 10.55% 6.85% 0.65x Within
2025-07-23 After-Close 10.01% 6.55% 0.65x Within
2025-10-29 After-Close 10.39% 1.64% 0.16x Within
2026-02-04 After-Close 9.74% 0.25% 0.03x Within
2026-04-22 After-Close 10.00% 16.31% 1.63x Exceeded
2026-07-22 After-Close 11.37% 10.14% 0.89x Within

Earnings calendar: this week’s reports with expected vs actual moves →

WEX Options Activity & IV Rank

WEX IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 47.4%
7-DTE IV: —
Expected Move: $20.35
7-DTE Move: $20.35
Days to Exp: 25 (2026-11-20)

Options Flow

Call Volume: 63
Put Volume: 94
P/C Volume: 1.492
BEARISH
Call OI: 915
Put OI: 787
P/C OI: 0.86
Total OI: 1,702

ATM Options Pricing

ATM Call: $11.25
ATM Put: $9.10
Call %: 5.9%
Put %: 4.7%

Chain Summary

Chain Volume: 716
Chain OI: 2,508
Last Updated: 10/26/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
TYPICAL γ

Estimated net dealer gamma is at the 60th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
60%
vs own history
GEX tilt
+0.16
OI-weighted, today
Vanna tilt
+0.75
δ-sensitivity to IV
Charm tilt
-0.92
δ-decay vs time
Vanna tilt +0.75: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.92: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 14 ATM contracts, 1k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 26 · No data
30 DTE / 10d 62%
+11.7 pts EXTREME
as of Oct 26 · ATM 50.4% / Wing 62.1%

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)84.7HighOct 26
Straddle Price (30 DTE)$20.35Oct 26
Beta Analysis

Risk Metrics

Beta: 0.2780
Alpha: 23.21%
Correlation: 0.0869
R-Squared: 0.8%
Stock Volatility: 40.8%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own WEX
5 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Citadel Hedge fund
Ken Griffin
$82.2M
0.05%
#481 of 6285+112.1%13F
Point72 Hedge fund
Steve Cohen
$12.5M
0.02%
#700 of 1945new13F
Millennium Management Hedge fund
Izzy Englander
$5.0M
0.00%
#2055 of 3716+112.4%13F
Bridgewater Associates Hedge fund
Ray Dalio
$707K
0.00%
#884 of 997new13F
Rockefeller Capital Management Family office
Rockefeller family
$261K
0.00%
#2451 of 4729-13.0%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

WEX Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 35,150,000 (as of 2026-06-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

439 filers46,771,152 shares$6.70B value133.06% of float
# Filer Shares Value % of Total % of Float Period
1 Janus Henderson Group plc 3,916,073 $599.31M 8.94% 11.14% 2026-03-31
2 Jupiter Topco LLC 3,967,061 $559.71M 8.35% 11.29% 2026-06-30
3 Vanguard Group Inc Custodian 3,222,345 $480.06M 7.16% 9.17% 2025-12-31
4 BlackRock, Inc. Custodian 3,167,005 $446.83M 6.67% 9.01% 2026-06-30
5 PAR CAPITAL MANAGEMENT INC 2,254,984 $318.16M 4.75% 6.42% 2026-06-30
6 Morgan Stanley Custodian 1,949,295 $275.03M 4.10% 5.55% 2026-06-30
7 FMR LLC Custodian 1,801,385 $254.16M 3.79% 5.12% 2026-06-30
8 Impactive Capital LP 1,707,253 $240.88M 3.59% 4.86% 2026-06-30
9 Vanguard Capital Management LLC 1,513,612 $213.56M 3.19% 4.31% 2026-06-30
10 Boston Partners 1,493,028 $210.78M 3.14% 4.25% 2026-06-30
11 Vanguard Portfolio Management LLC 1,430,765 $201.87M 3.01% 4.07% 2026-06-30
12 State Street Corp 1,133,228 $159.89M 2.39% 3.22% 2026-06-30
13 EARNEST PARTNERS LLC 857,373 $120.97M 1.80% 2.44% 2026-06-30
14 Bank of America Corp Custodian 815,695 $115.09M 1.72% 2.32% 2026-06-30
15 Geode Capital Management, LLC Custodian 671,582 $110.40M 1.65% 1.91% 2026-06-30
16 LYRICAL ASSET MANAGEMENT LP 770,524 $108.71M 1.62% 2.19% 2026-06-30
17 Dimensional Fund Advisors LP Custodian 733,560 $103.48M 1.54% 2.09% 2026-06-30
18 Turtle Creek Asset Management Inc. 728,088 $102.73M 1.53% 2.07% 2026-06-30
19 Citadel Advisors LLC Custodian 582,786 $82.23M 1.23% 1.66% 2026-06-30
20 SEI INVESTMENTS CO Custodian 549,632 $77.55M 1.16% 1.56% 2026-06-30
21 Capital World Investors 547,682 $77.27M 1.15% 1.56% 2026-06-30
22 Charles Schwab Investment Management, Inc. 487,579 $68.79M 1.03% 1.39% 2026-06-30
23 SNYDER CAPITAL MANAGEMENT L P 466,244 $65.78M 0.98% 1.33% 2026-06-30
24 NEW SOUTH CAPITAL MANAGEMENT INC 444,624 $62.73M 0.94% 1.26% 2026-06-30
25 River Road Asset Management, LLC 424,915 $59.95M 0.89% 1.21% 2026-06-30
9 filers$34.44M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $25.44M 73.86% 2026-06-30
2 IMC-Chicago, LLC Custodian $4.01M 11.63% 2026-06-30
3 Jane Street Group, LLC Custodian $1.72M 5.00% 2026-06-30
4 Citadel Advisors LLC Custodian $1.61M 4.67% 2026-06-30
5 Walleye Trading LLC $1.13M 3.28% 2026-06-30
6 Two Sigma Investments, LP Custodian $268.07K 0.78% 2026-06-30
7 GROUP ONE TRADING LLC Custodian $98.76K 0.29% 2026-06-30
8 Twin Tree Management, LP $98.76K 0.29% 2026-06-30
9 Simplex Trading, LLC Custodian $70.55K 0.20% 2026-06-30
9 filers$35.23M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $17.31M 49.14% 2026-06-30
2 IMC-Chicago, LLC Custodian $4.56M 12.94% 2026-06-30
3 Twin Tree Management, LP $3.51M 9.97% 2026-06-30
4 Walleye Trading LLC $3.40M 9.65% 2026-06-30
5 Jane Street Group, LLC Custodian $3.37M 9.57% 2026-06-30
6 Citadel Advisors LLC Custodian $1.59M 4.53% 2026-06-30
7 Simplex Trading, LLC Custodian $917.09K 2.60% 2026-06-30
8 Two Sigma Investments, LP Custodian $296.29K 0.84% 2026-06-30
9 Cubist Systematic Strategies, LLC $267.80K 0.76% 2025-09-30

WEX Insider Trading (Form 4)

Latest: 2026-10-07
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-07 Robert Joseph Deshaies COO, Benefits Sell (S) −2,000 $173.56 -$347.1K EDGAR
2026-10-02 Kurt Patrick Adams Director Award (A) +125 — EDGAR
2026-10-02 James R Groch Director Award (A) +155 — EDGAR
2026-10-02 Don Callahan Director Award (A) +155 — EDGAR
2026-10-02 Lauren Taylor Wolfe Director Award (A) +500 — EDGAR
2026-09-16 Joel Alan Dearborn JR COO, International Mixed −2,500 $180.86 -$580.1K EDGAR
2026-09-03 Melissa D Smith CEO and President Mixed — $147.06 -$2.42M EDGAR
2026-08-06 Carlos Carriedo COO, Amer. Payments & Mobility Sell (S) −1,075 $186.00 -$199.9K EDGAR
2026-08-06 Carlos Carriedo COO, Amer. Payments & Mobility Sell (S) −1,075 $186.00 -$199.9K EDGAR
2026-07-31 Robert Joseph Deshaies COO, Benefits Sell (S) −1,000 $184.95 -$184.9K EDGAR
2026-07-29 Jennifer Kimball Chief Accounting Officer Sell (S) −1,183 $176.55 -$208.9K EDGAR
2026-07-29 Ann Elena Drew Chief Risk and Compliance Sell (S) −3,400 $176.02 -$598.5K EDGAR
2026-07-08 Robert Joseph Deshaies COO, Benefits Sell (S) −2,000 $148.40 -$296.8K EDGAR
2026-07-02 James R Groch Director Award (A) +186 — EDGAR
2026-07-02 Don Callahan Director Award (A) +186 — EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

WEX Insider Holdings

23 insiders · @ $192.09
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Lauren Taylor Wolfe Director 1,707,457 $327.99M $0 2 2026-10-02
2 Melissa D Smith CEO and President 128,317 $24.65M -$67.10M 72 2026-09-03
3 Shikhar Ghosh Director 49,727 $9.55M $0 43 2025-05-19
4 Jagtar Narula Chief Financial Officer 26,672 $5.12M -$754.8K 18 2026-03-18
5 Karen B. Stroup Chief Digital Officer 21,747 $4.18M $0 10 2026-03-18
6 Joel Alan Dearborn JR COO, International 20,935 $4.02M -$2.11M 35 2026-09-16
7 James R Groch Director 18,298 $3.51M $1.28M 40 2026-10-02
8 Robert Joseph Deshaies COO, Benefits 17,376 $3.34M -$4.59M 45 2026-10-07
9 Sachin Dhawan Chief Technology Officer 15,115 $2.90M $0 9 2026-03-18
10 Don Callahan Director 12,418 $2.39M $0 43 2026-10-02
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

WEX Board & Officers

As of SEC filings through Oct 7, 2026

Directors 16

Officers 11

Changes in the last 10 years (66)
May 14, 2026Lauren Taylor Wolfe became a director
May 14, 2026Kurt Patrick Adams became a director
May 14, 2026Impactive Capital LP became a director
May 14, 2026Impactive Capital LLC became a director
May 14, 2026Ellen R Alemany became a director
May 14, 2026Christian Asmar became a director
Jan 10, 2026The company announced the departure of Shikhar Ghosh from the board in an SEC filing
Jan 10, 2026The company announced the departure of Jack Vanwoerkom from the board in an SEC filing
Nov 3, 2025Sandra D. Kuohn became Chief People Officer
Nov 3, 2025David B Foss became a director
Feb 24, 2025Joel Alan Dearborn JR listed as COO, International (previously Chief Strategy Officer) in SEC filings
Aug 23, 2024Robert Joseph Deshaies listed as COO, Benefits (previously COO, Americas) in SEC filings
Aug 1, 2024Melanie J Tinto listed as Chief People Officer (previously Chief Human Resources Officer) in SEC filings
Jun 20, 2024Sara Trickett listed as Chief Legal Officer (previously SVP, Acting General Counsel) in SEC filings
Jun 20, 2024Carlos Carriedo listed as COO, Amer. Payments & Mobility (previously COO, International) in SEC filings
Jan 22, 2024Sara Trickett became SVP, Acting General Counsel
Dec 7, 2023Aimee Cardwell became a director
Dec 4, 2023Sachin Dhawan became Chief Technology Officer
Mar 2, 2023Joel Alan Dearborn JR listed as Chief Strategy Officer (previously President, Corporate Payments) in SEC filings
Feb 14, 2023Melissa D Smith listed as Chair, CEO, and President (previously CEO and Chair, WEX Inc.) in SEC filings
Not reported recently (17)
  • Melanie J Tinto · Last reported as Chief People Officer in an SEC filing dated Feb 24, 2025
  • Hilary A Rapkin · Last reported as Chief Legal Officer in an SEC filing dated May 9, 2024
  • David G Cooper · Last reported as Chief Technology Officer in an SEC filing dated Jun 28, 2023
  • Regina O Sommer · Last reported as a director in an SEC filing dated May 15, 2023
  • John E. Bachman · Last reported as a director in an SEC filing dated May 18, 2021
  • Scott Robert Phillips · Last reported as President, Global Fleet in an SEC filing dated Apr 7, 2021
  • Kenneth Janosick · Last reported as Chief Portfolio Risk Officer in an SEC filing dated Nov 12, 2020
  • Nicola S Morris · Last reported as Chief Corp Development Officer in an SEC filing dated Jun 26, 2020
  • Michael E Dubyak · Last reported as a director in an SEC filing dated May 12, 2020
  • Rowland Moriarty · Last reported as a director in an SEC filing dated May 12, 2020
  • Jeffrey Alan Young · Last reported as President, Health in an SEC filing dated Mar 22, 2019
  • Kirk P Pond · Last reported as a director in an SEC filing dated May 15, 2018
  • George L McTavish · Last reported as a director in an SEC filing dated May 15, 2018
  • George W Hogan · Last reported as SVP, International in an SEC filing dated Jul 13, 2017
  • Ronald T Maheu · Last reported as a director in an SEC filing dated May 16, 2017
  • Eric Duprat · Last reported as a director in an SEC filing dated May 16, 2017
  • James Edward Pratt · Last reported as SVP, GM Virtual Payments in an SEC filing dated May 12, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

WEX Proposed Insider Sales (Form 144)

Latest: 2026-10-05
Last 30d: 1 filing · $347K notice value  ·  Last 90d: 8 filings · $7.9M notice value · 7 unique filers · 38% under 10b5-1 plans

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: Melissa Smith (1, $5.3M) · Joel Dearborn (1, $668K) · Ann Drew (1, $598K) · Robert Deshaies (2, $532K) · Shikhar Ghosh (1, $378K)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-10-05 Robert Deshaies Officer 2,000 $347.0K 2026-10-05 Merrill Lynch 10b5-1 EDGAR
2026-09-14 Joel Dearborn Officer 3,343 $668.5K 2026-09-14 Merrill Lynch 10b5-1 EDGAR
2026-09-01 Melissa Smith Officer 28,109 $5.34M 2026-09-01 Merrill Lynch 10b5-1 EDGAR
2026-08-04 Carlos Carriedo Officer 1,075 $199.9K 2026-08-04 Merrill Lynch — EDGAR
2026-07-31 Shikhar Ghosh Former Director 2,021 $377.8K 2026-07-31 Goldman Sachs & Co. LLC — EDGAR
2026-07-30 Robert Deshaies Officer 1,000 $184.9K 2026-07-30 Merrill Lynch — EDGAR
2026-07-27 Ann Drew Officer 3,400 $598.4K 2026-07-27 Merrill Lynch — EDGAR
2026-07-27 Jennifer Kimball Officer 1,183 $208.8K 2026-07-27 Merrill Lynch — EDGAR
2026-07-06 Robert Deshaies Officer 2,000 $296.7K 2026-07-06 Merrill Lynch 10b5-1 EDGAR
2026-05-28 Robert Deshaies Officer 1,200 $173.8K 2026-05-28 Merrill Lynch — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-05-14
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Accession Link
2026-05-14 0001309108-26-000019 EDGAR
2026-05-04 0001213900-26-051676 EDGAR
2026-04-22 0001309108-26-000014 EDGAR
2026-02-04 0001309108-26-000005 EDGAR
2026-01-12 0001140361-26-000891 EDGAR
2025-10-29 0001309108-25-000187 EDGAR
2025-07-23 0001309108-25-000171 EDGAR
2025-05-20 0001309108-25-000146 EDGAR
2025-04-30 0001309108-25-000083 EDGAR
2025-03-06 0001140361-25-007445 EDGAR
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Filing Date Accession Link
2026-02-13 0001309108-26-000010 EDGAR
2025-02-20 0001309108-25-000017 EDGAR
2024-02-23 0001309108-24-000033 EDGAR
2023-02-28 0001309108-23-000022 EDGAR
2022-03-01 0001309108-22-000020 EDGAR
2021-03-01 0001309108-21-000018 EDGAR
2020-02-28 0001309108-20-000024 EDGAR
2019-03-18 0001309108-19-000020 EDGAR
2018-03-01 0001309108-18-000013 EDGAR
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-04-23 0001309108-26-000017 EDGAR
2025-10-30 0001309108-25-000190 EDGAR
2025-07-24 0001309108-25-000174 EDGAR
2025-05-01 0001309108-25-000087 EDGAR
2024-10-24 0001309108-24-000201 EDGAR
2024-07-25 0001309108-24-000175 EDGAR
2024-04-25 0001309108-24-000116 EDGAR
2023-10-27 0001309108-23-000183 EDGAR
2023-07-27 0001309108-23-000161 EDGAR
2023-04-27 0001309108-23-000080 EDGAR
ETF Holders
128 ETFs hold WEX
25 shown · $1.05B total exposure · 0.10% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 IJH iShares Core S&P Mid-Cap ETF iShares (BlackRock) 0.19% $226.8M $122.3B 2026-10-23
2 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.01% $173.3M — 2026-09-30
3 VB Vanguard Morningstar Small-Cap ETF Vanguard 0.07% $123.0M — 2026-09-30
4 VBR Vanguard Morningstar Small-Cap Value ETF Vanguard 0.12% $80.0M — 2026-09-30
5 VXF Vanguard Extended Market ETF Vanguard 0.07% $60.9M — 2026-09-30
6 DFAS Dimensional US Small Cap ETF Dimensional 0.14% $49.2M — 2026-10-23
7 MDY State Street® SPDR® S&P MIDCAP 400® ETF Trust SPDR (State Street) 0.19% $47.5M $25.6B 2026-10-23
8 SPMD State Street® SPDR® Portfolio S&P 400™ Mid Cap ETF SPDR (State Street) 0.19% $34.4M $18.4B 2026-10-23
9 IWR iShares Russell Mid-Cap ETF iShares (BlackRock) 0.05% $26.6M $57.3B 2026-10-23
10 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.03% $24.9M — 2026-10-23
11 SCHA Schwab U.S. Small-Cap ETF Nport 0.10% $23.9M — 2026-05-31
12 CGMM Capital Group U.S. Small and Mid Cap ETF Capitalgroup 0.66% $23.5M $3.5B 2026-10-23
13 IJK iShares S&P Mid-Cap 400 Growth ETF iShares (BlackRock) 0.22% $22.5M $10.3B 2026-10-23
14 FNDA Schwab Fundamental U.S. Small Company ETF Nport 0.18% $15.7M — 2026-05-31
15 SCHM Schwab U.S. Mid-Cap ETF Nport 0.09% $13.4M — 2026-05-31
16 IJJ iShares S&P Mid-Cap 400 Value ETF iShares (BlackRock) 0.15% $13.2M $8.6B 2026-10-23
17 IWD iShares Russell 1000 Value ETF iShares (BlackRock) 0.02% $13.1M $84.8B 2026-10-23
18 JAVA JPMorgan Active Value ETF JPMorgan 0.16% $11.7M $7.4B 2026-10-26
19 DCOR Dimensional US Core Equity 1 ETF Dimensional 0.02% $10.3M — 2026-10-23
20 DFMC Dimensional US Micro Cap ETF Dimensional 0.13% $9.8M — 2026-10-23
21 VFH Vanguard Financials ETF Vanguard 0.07% $9.2M — 2026-09-30
22 IVOO Vanguard S&P Mid-Cap 400 ETF Vanguard 0.16% $9.0M — 2026-09-30
23 IWS iShares Russell Mid-Cap Value ETF iShares (BlackRock) 0.06% $8.8M $15.7B 2026-10-23
24 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.01% $8.3M $96.5B 2026-10-23
25 FFSM Fidelity Fundamental Small-Mid Cap ETF Nport 0.55% $8.3M — 2026-07-31
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
$10.03
TTM Revenue
$2.79B
TTM Net Income
$350.80M
TTM Op. Cash Flow
$262.90M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '262026-06-30$753.50M$108.50M$3.11$-77.60M
Q1 '262026-03-31$673.80M$77.70M$2.22$-330.80M
Q4 '252025-12-31$672.90M$84.30M$2.40$294.80M
Q3 '252025-09-30$691.80M$80.30M$2.30$376.50M
Q2 '252025-06-30$659.60M$68.10M$1.98$264.60M
Q1 '252025-03-31$636.60M$71.50M$1.81$-481.60M
Q4 '242024-12-31$636.50M$63.90M$1.61$638.40M
Q3 '242024-09-30$665.50M$102.90M$2.52$3.30M
Q2 '242024-06-30$673.50M$77.00M$1.83$-7.00M
Q1 '242024-03-31$652.70M$65.80M$1.55$-153.30M
Q4 '232023-12-31$663.30M$84.90M$1.98$761.90M
Q3 '232023-09-30$651.40M$18.40M$0.42$49.50M
Q2 2026 • period ending 2026-06-30 • filed 2026-07-23
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
19.15
P/B
5.02
P/S
2.42
EV/EBITDA
8.75
EV/Sales
3.26
ROE
26.1%
ROA
2.1%
Div Yield
0.00%
FCF Yield
3.89%
Debt/Equity
2.62
Current Ratio
—
Market Cap
$6.75B
as of 2026-10-26
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
2.77M
SI % of Float
8.65%
Days to Cover
4.46
Short Vol Ratio
52.3%
Free Float
32.01M
Float %
93.9%
Short interest 2026-09-30 • Short volume 2026-10-26 • Float 2026-08-24