Ronald Clarke Sells 94,374 Shares of Corpay (NYSE:CPAY) Stock

Corpay, Inc (NYSE:CPAY) CEO Ronald Clarke sold 94,374 shares of Corpay stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $415.77, for a total value of $39,237,877.98. Following the completion of the sale, the chief executive officer owned 2,473,816 shares in the company, valued at approximately $1,028,538,478.32. This trade represents a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Ronald Clarke also recently made the following trade(s):

• On Tuesday, August 25th, Ronald Clarke sold 119,486 shares of Corpay stock. The stock was sold at an average price of $412.40, for a total value of $49,276,026.40.

Corpay Price Performance

NYSE:CPAY traded down $0.62 during trading hours on Tuesday, hitting $413.30. The company’s stock had a trading volume of 580,908 shares, compared to its average volume of 569,083. Corpay, Inc has a 52-week low of $252.84 and a 52-week high of $425.95. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97. The business’s 50-day moving average is $374.98 and its two-hundred day moving average is $343.91. The company has a market capitalization of $27.14 billion, a PE ratio of 25.15, a PEG ratio of 1.14 and a beta of 0.87.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, topping analysts’ consensus estimates of $6.58 by $0.42. The business had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The business’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same period in the prior year, the company posted $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. As a group, research analysts anticipate that Corpay, Inc will post 25.75 EPS for the current fiscal year.

Institutional Trading of Corpay

A number of institutional investors have recently bought and sold shares of the company. MV Capital Management Inc. bought a new position in shares of Corpay in the 4th quarter valued at approximately $25,000. Leonteq Securities AG acquired a new stake in shares of Corpay in the fourth quarter worth $27,000. Axiom Investment Management LLC bought a new stake in shares of Corpay in the first quarter valued at about $27,000. BOKF NA increased its stake in Corpay by 4,700.0% during the third quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock valued at $28,000 after acquiring an additional 94 shares during the period. Finally, Torren Management LLC acquired a new position in Corpay in the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CPAY shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Corpay in a report on Friday, July 24th. JPMorgan Chase & Co. boosted their target price on shares of Corpay from $400.00 to $470.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Keefe, Bruyette & Woods raised their target price on Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Raymond James Financial reissued an “outperform” rating and set a $442.00 price target on shares of Corpay in a report on Thursday, August 6th. Finally, UBS Group increased their target price on shares of Corpay from $385.00 to $415.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Corpay presently has a consensus rating of “Moderate Buy” and an average price target of $430.31.

Corpay Company Profile

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.