Corpay (NYSE:CPAY) Insider Sells $961,784.94 in Stock

Corpay, Inc. (NYSE:CPAY) insider Armando Lins Netto sold 2,694 shares of the stock in a transaction on Friday, May 29th. The shares were sold at an average price of $357.01, for a total value of $961,784.94. Following the completion of the sale, the insider owned 15,834 shares of the company’s stock, valued at approximately $5,652,896.34. This represents a 14.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Thursday, May 28th, Armando Lins Netto sold 14,089 shares of Corpay stock. The stock was sold at an average price of $356.05, for a total value of $5,016,388.45.
• On Wednesday, May 27th, Armando Lins Netto sold 418 shares of Corpay stock. The stock was sold at an average price of $355.08, for a total value of $148,423.44.

Corpay Stock Up 2.8%

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

Corpay (NYSE:CPAY) last released its quarterly earnings results on Thursday, May 7th. The company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.50 by $0.30. Corpay had a return on equity of 38.68% and a net margin of 24.60%.The business had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter in the previous year, the firm posted $4.51 earnings per share. The company’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. As a group, sell-side analysts expect that Corpay, Inc. will post 25.49 EPS for the current year.

Wall Street Analyst Weigh In

CPAY has been the topic of several research analyst reports. Robert W. Baird reduced their price target on shares of Corpay from $440.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 31st. JPMorgan Chase & Co. increased their price target on shares of Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Weiss Ratings raised shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 27th. Wall Street Zen raised shares of Corpay from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $388.00 price target on shares of Corpay in a research report on Friday, May 8th. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Corpay currently has a consensus rating of “Moderate Buy” and a consensus price target of $377.92.

Hedge Funds Weigh In On Corpay

Large investors have recently modified their holdings of the stock. MV Capital Management Inc. bought a new position in shares of Corpay during the fourth quarter worth about $25,000. Leonteq Securities AG acquired a new stake in Corpay during the fourth quarter worth about $27,000. Axiom Investment Management LLC acquired a new stake in Corpay during the first quarter worth about $27,000. BOKF NA raised its stake in Corpay by 4,700.0% during the third quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after acquiring an additional 94 shares during the period. Finally, Torren Management LLC acquired a new stake in Corpay during the fourth quarter worth about $29,000. Institutional investors own 98.84% of the company’s stock.

About Corpay

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.