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Gotham Asset Management Boosts Stake in WEX Inc.
Investment firm increases position in business services provider by nearly 40%
Mar. 16, 2026 at 10:39am
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Gotham Asset Management LLC has increased its stake in WEX Inc. (NYSE: WEX), a business services provider, by 39.8% during the third quarter. The investment firm now owns 270,964 shares of WEX, representing 0.79% of the company's outstanding stock.
Why it matters
This move by Gotham Asset Management suggests the firm sees potential in WEX's business model and future growth prospects. As a major institutional investor, Gotham's increased position could signal broader confidence in WEX among the investment community.
The details
According to a recent SEC filing, Gotham Asset Management acquired an additional 77,176 shares of WEX during the third quarter, bringing its total position to 270,964 shares. WEX is a provider of corporate payment solutions, including fuel cards and travel expense management services, to businesses across various industries.
- Gotham Asset Management increased its stake in WEX during the 3rd quarter of 2026.
The players
Gotham Asset Management LLC
An investment management firm that focuses on value-oriented strategies.
WEX Inc.
A global financial technology company that provides business payment solutions for fleet, travel, and corporate payments.
The takeaway
Gotham Asset Management's increased stake in WEX suggests the firm sees long-term value in the company's business model and growth potential. This move could signal broader institutional confidence in WEX's future performance.
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