Armando Lins Netto Sells 418 Shares of Corpay (NYSE:CPAY) Stock

Corpay, Inc. (NYSE:CPAY) insider Armando Lins Netto sold 418 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $355.08, for a total value of $148,423.44. Following the sale, the insider directly owned 32,617 shares of the company’s stock, valued at approximately $11,581,644.36. This represents a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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 value of $961,784.94.
• On Thursday, May 28th, Armando Lins Netto sold 14,089 shares of Corpay stock. The shares were sold at an average price of $356.05, for a total value of $5,016,388.45.

Corpay Price Performance

CPAY opened at $362.35 on Friday. The stock has a fifty day moving average of $318.29 and a 200-day moving average of $315.64. The firm has a market capitalization of $23.68 billion, a P/E ratio of 21.68, a PEG ratio of 0.99 and a beta of 0.81. Corpay, Inc. has a 12-month low of $252.84 and a 12-month high of $364.24. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.86.

Corpay (NYSE:CPAY) last released its earnings results on Thursday, May 7th. The company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.50 by $0.30. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.21 billion. Corpay had a return on equity of 38.68% and a net margin of 24.60%.The company’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.51 earnings per share. 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 forecast that Corpay, Inc. will post 25.49 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Oppenheimer restated an “outperform” rating and issued a $388.00 target price on shares of Corpay in a report on Friday, May 8th. Raymond James Financial restated an “outperform” rating and issued a $361.00 target price on shares of Corpay in a report on Thursday, March 5th. Morgan Stanley restated an “overweight” rating and issued a $400.00 target price on shares of Corpay in a report on Sunday, May 10th. Cantor Fitzgerald increased their target price on Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Finally, Loop Capital initiated coverage on Corpay in a report on Monday, May 18th. They set a “buy” rating and a $406.00 price objective for the company. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $377.92.

Institutional Trading of Corpay

Several hedge funds and other institutional investors have recently modified their holdings of CPAY. Integrated Wealth Concepts LLC purchased a new stake in shares of Corpay during the first quarter worth $207,000. Woodline Partners LP raised its holdings in shares of Corpay by 39.3% during the first quarter. Woodline Partners LP now owns 5,890 shares of the company’s stock worth $2,054,000 after acquiring an additional 1,661 shares in the last quarter. Intech Investment Management LLC increased its position in Corpay by 30.4% during the first quarter. Intech Investment Management LLC now owns 3,341 shares of the company’s stock worth $1,165,000 after buying an additional 778 shares during the last quarter. Marshall Wace LLP increased its position in Corpay by 128.6% during the second quarter. Marshall Wace LLP now owns 1,600 shares of the company’s stock worth $531,000 after buying an additional 900 shares during the last quarter. Finally, Brown Advisory Inc. increased its position in Corpay by 16.0% during the second quarter. Brown Advisory Inc. now owns 1,670 shares of the company’s stock worth $554,000 after buying an additional 230 shares during the last quarter. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

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.