CEO Melissa D Smith buys 3,721 WEX shares at $134.57 total value $500,720.46; stock down -39.2% from 52-week high.
Smith, as Chair and CEO, purchased 3,721 shares at $134.57 on 2025-05-29, increasing her holdings by 3.8% to 101,182 shares total. This open-market buy occurs as WEX trades at $131.63, down 39.2% from its 52-week high of $216.62, though the stock has recovered 5.8% in the past 30 days. Smith's cross-ticker track record shows strong outcomes on prior buys with avg 90-day return of +48.5% and 100% win rate, though her same-ticker history at WEX is mixed: two of three prior sales were well-timed at the 90-day mark. The valuation context is material—WEX trades at a P/E of 14.29 with $636.6M quarterly revenue and positive fundamentals ($71.5M net income, 3.1% annual growth)—suggesting Smith is accumulating near a depressed price point relative to recent trading history.