Corpay (NYSE:CPAY) Insider Sells $148,423.44 in Stock

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

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 stock was sold at an average price of $357.01, for a total transaction of $961,784.94.
• 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 transaction of $5,016,388.45.

Corpay Price Performance

Shares of CPAY traded up $9.98 during mid-day trading on Friday, hitting $362.35. 769,367 shares of the company 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 company has a debt-to-equity ratio of 1.86, a quick ratio of 0.98 and a current ratio of 0.98. The company has a 50 day moving average of $316.75 and a 200-day moving average of $315.31. The stock has a market cap of $23.68 billion, a price-to-earnings ratio of 21.68, a price-to-earnings-growth 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 earnings per share for the quarter, topping 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 firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the firm earned $4.51 EPS. The company’s revenue for the quarter was up 25.4% on a year-over-year basis. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. Analysts expect that Corpay, Inc. will post 25.49 EPS for the current fiscal year.

Institutional Trading of Corpay

Several hedge funds have recently made changes to their positions in the company. Glenmede Trust Co. NA grew its stake in shares of Corpay by 39.7% in the 1st quarter. Glenmede Trust Co. NA now owns 80,048 shares of the company’s stock valued at $23,293,000 after buying an additional 22,767 shares during the period. Axiom Investment Management LLC purchased a new stake in shares of Corpay in the 1st quarter valued at approximately $27,000. Western Wealth Management LLC purchased a new stake in shares of Corpay in the 1st quarter valued at approximately $36,000. Bank of America Corp DE grew its stake in shares of Corpay by 0.6% in the 1st quarter. Bank of America Corp DE now owns 364,102 shares of the company’s stock valued at $105,950,000 after buying an additional 2,131 shares during the period. Finally, Janus Henderson Group PLC grew its stake in shares of Corpay by 2.3% in the 1st quarter. Janus Henderson Group PLC now owns 8,784 shares of the company’s stock valued at $2,559,000 after buying an additional 199 shares during the period. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on CPAY shares. UBS Group upped their price objective on shares of Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Wall Street Zen raised shares of Corpay from a “hold” rating to a “buy” rating in a research note on Monday, March 23rd. Robert W. Baird dropped their price objective on shares of Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday, March 31st. JPMorgan Chase & Co. upped their price objective on shares of Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Finally, Cantor Fitzgerald upped their price objective on shares of Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Twelve analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $377.92.

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.