Corpay (NYSE:CPAY) Insider Armando Lins Netto Sells 14,089 Shares

Corpay, Inc. (NYSE:CPAY) insider Armando Lins Netto sold 14,089 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $356.05, for a total transaction of $5,016,388.45. Following the transaction, the insider owned 18,528 shares in the company, valued at $6,596,894.40. The trade was a 43.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Armando Lins Netto also recently made the following trade(s):

• On Friday, May 29th, Armando Lins Netto sold 2,694 shares of Corpay stock. The shares were sold at an average price of $357.01, for a total transaction of $961,784.94.
• On Wednesday, May 27th, Armando Lins Netto sold 418 shares of Corpay stock. The shares were sold at an average price of $355.08, for a total transaction of $148,423.44.

Corpay Trading Up 2.8%

Shares of NYSE:CPAY traded up $9.98 during trading on Friday, hitting $362.35. 769,367 shares of the company’s stock were exchanged, compared to its average volume of 631,793. Corpay, Inc. has a 1-year low of $252.84 and a 1-year high of $364.24. The firm has a 50-day moving average price of $316.75 and a two-hundred day moving average price of $315.31. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.86. The firm has a market cap of $23.68 billion, a P/E ratio of 21.68, a PEG ratio of 0.97 and a beta of 0.81.

Corpay (NYSE:CPAY) last announced its quarterly earnings data on Thursday, May 7th. The company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $5.50 by $0.30. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the business posted $4.51 earnings per share. Corpay’s revenue was up 25.4% compared to the same quarter last year. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. Equities analysts predict that Corpay, Inc. will post 25.49 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Morgan Stanley restated an “overweight” rating and issued a $400.00 price objective on shares of Corpay in a report on Sunday, May 10th. Loop Capital assumed coverage on shares of Corpay in a report on Monday, May 18th. They issued a “buy” rating and a $406.00 price objective on the stock. Cantor Fitzgerald increased their price objective on shares of Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Raymond James Financial restated an “outperform” rating and issued a $361.00 price objective on shares of Corpay in a report on Thursday, March 5th. Finally, Weiss Ratings upgraded shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Corpay currently has a consensus rating of “Moderate Buy” and a consensus price target of $377.92.

Institutional Investors Weigh In On Corpay

Large investors have recently bought and sold shares of the company. HB Wealth Management LLC grew its holdings in Corpay by 1.9% during the 4th quarter. HB Wealth Management LLC now owns 1,741 shares of the company’s stock worth $524,000 after acquiring an additional 33 shares during the last quarter. KBC Group NV lifted its position in shares of Corpay by 0.4% in the 4th quarter. KBC Group NV now owns 9,318 shares of the company’s stock worth $2,804,000 after purchasing an additional 36 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Corpay by 4.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the company’s stock worth $254,000 after purchasing an additional 37 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of Corpay by 1.4% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the company’s stock worth $919,000 after purchasing an additional 39 shares during the period. Finally, Harbour Investments Inc. lifted its position in shares of Corpay by 35.5% in the 4th quarter. Harbour Investments Inc. now owns 149 shares of the company’s stock worth $45,000 after purchasing an additional 39 shares during the period. Institutional investors own 98.84% of the company’s stock.

Corpay Company Profile

Corpay (NYSE:CPAY) is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.

Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.