Steven Stull Sells 1,000 Shares of Corpay (NYSE:CPAY) Stock

Corpay, Inc. (NYSE:CPAY) Director Steven Stull sold 1,000 shares of Corpay stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total value of $360,780.00. Following the transaction, the director directly owned 28,241 shares in the company, valued at approximately $10,188,787.98. The trade was a 3.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Corpay Stock Down 0.9%

Shares of NYSE:CPAY traded down $3.35 during mid-day trading on Monday, hitting $352.76. 537,179 shares of the company traded hands, compared to its average volume of 536,307. The stock has a market cap of $23.06 billion, a P/E ratio of 21.11, a P/E/G ratio of 0.97 and a beta of 0.86. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.86. Corpay, Inc. has a 12-month low of $252.84 and a 12-month high of $367.43. The stock has a 50-day moving average price of $332.39 and a two-hundred day moving average price of $321.48.

Corpay (NYSE:CPAY) last announced its earnings results on Thursday, May 7th. The company reported $5.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.50 by $0.30. The company had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Corpay had a return on equity of 38.68% and a net margin of 24.60%.Corpay’s quarterly revenue was up 25.4% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, equities research analysts forecast that Corpay, Inc. will post 25.49 earnings per share for the current year.

Institutional Trading of Corpay

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. HB Wealth Management LLC raised its stake in shares of Corpay by 1.9% during the 4th quarter. HB Wealth Management LLC now owns 1,741 shares of the company’s stock valued at $524,000 after purchasing an additional 33 shares during the period. KBC Group NV raised its stake in shares of Corpay by 0.4% during the 4th quarter. KBC Group NV now owns 9,318 shares of the company’s stock valued at $2,804,000 after purchasing an additional 36 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Corpay by 4.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the company’s stock valued at $254,000 after purchasing an additional 37 shares during the period. Harbour Investments Inc. raised its stake in shares of Corpay by 35.5% during the 4th quarter. Harbour Investments Inc. now owns 149 shares of the company’s stock valued at $45,000 after purchasing an additional 39 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in shares of Corpay by 1.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the company’s stock valued at $919,000 after purchasing an additional 39 shares during the period. 98.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CPAY has been the topic of several analyst reports. Wall Street Zen raised Corpay from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. Oppenheimer reissued an “outperform” rating and issued a $388.00 price objective on shares of Corpay in a research report on Friday, May 8th. Loop Capital started coverage on Corpay in a research report on Monday, May 18th. They issued a “buy” rating and a $406.00 price objective on the stock. Wolfe Research reissued an “outperform” rating and issued a $450.00 price objective on shares of Corpay in a research report on Wednesday, June 3rd. Finally, Morgan Stanley reissued an “overweight” rating and issued a $400.00 price objective on shares of Corpay in a research report on Sunday, May 10th. Thirteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $383.07.

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.