Key insights
- Western Union's Chief Legal Officer sold $183,883 in stock. This follows a recent EPS miss, revenue beat, and the launch of a USD-backed stablecoin. Wolfe Research lowered its price target on WU to $9.00. The stock has a high dividend yield and low P/E, but faces margin concerns. The insider selling adds slightly negative pressure.
Benjamin Carlton Adams, Chief Legal Officer at Western Union CO (NYSE:WU), sold shares of the company’s common stock totaling $183,883 on May 1, 2026.
The transactions involved the disposition of 19,924 shares. The shares were sold at prices ranging from $9.215 to $9.235 per share, slightly above the current stock price of $9.17. Following these sales, Mr. Adams directly owns 234,689 shares of Western Union common stock.The insider sale comes as Western Union trades at a P/E ratio of 6.78 and offers a dividend yield of 10.24%. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value assessment. An InvestingPro Tip highlights that the company has maintained dividend payments for 21 consecutive years. Investors seeking deeper insights can access 7 additional ProTips and a comprehensive Pro Research Report on Western Union.
In other recent news, Western Union reported a challenging first quarter for 2026, with earnings per share (EPS) significantly below expectations. The company posted an EPS of $0.25, falling short of the anticipated $0.39, representing a negative surprise of 35.9%. However, revenue slightly exceeded forecasts, reaching $983 million compared to the expected $965.42 million. Additionally, Western Union announced the launch of USDPT, a U.S. dollar-denominated stablecoin, which is fully backed by U.S. dollars and operates on the Solana blockchain. This stablecoin is issued by Anchorage Digital Bank N.A. and integrated into Western Union’s payment systems. The company has also selected Fireblocks to provide the infrastructure for USDPT, enabling settlements across its global network. In another development, Wolfe Research lowered its price target on Western Union to $9.00 from $10.00, maintaining an Underperform rating due to margin concerns. Wolfe Research noted signs of stabilization in key US-LATAM corridors, with easing comparisons and new retail wins offering potential positive catalysts.
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