Insider Selling: Corpay (NYSE:CPAY) Director Sells $1,642,640.00 in Stock

Corpay, Inc (NYSE:CPAYGet Free Report) Director Steven Stull sold 4,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $410.66, for a total value of $1,642,640.00. Following the completion of the sale, the director directly owned 23,598 shares of the company’s stock, valued at approximately $9,690,754.68. The trade was a 14.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Corpay Stock Up 1.4%

Shares of NYSE:CPAY traded up $5.67 during midday trading on Thursday, hitting $412.75. The stock had a trading volume of 410,773 shares, compared to its average volume of 626,667. The company has a market cap of $27.10 billion, a P/E ratio of 25.12, a PEG ratio of 1.12 and a beta of 0.87. Corpay, Inc has a 12 month low of $252.84 and a 12 month high of $425.95. The business’s 50-day simple moving average is $370.18 and its 200-day simple moving average is $342.14. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.70.

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

Institutional Investors Weigh In On Corpay

Several hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC grew its holdings in Corpay by 141.3% in the 1st quarter. Empowered Funds LLC now owns 5,490 shares of the corporate payments company’s stock valued at $1,598,000 after buying an additional 3,215 shares in the last quarter. Moran Wealth Management LLC increased its position in Corpay by 77.9% during the 1st quarter. Moran Wealth Management LLC now owns 37,869 shares of the corporate payments company’s stock worth $11,020,000 after buying an additional 16,586 shares during the period. Procyon Advisors LLC lifted its holdings in shares of Corpay by 78.0% during the first quarter. Procyon Advisors LLC now owns 6,357 shares of the corporate payments company’s stock worth $1,850,000 after buying an additional 2,786 shares in the last quarter. Louisiana State Employees Retirement System bought a new stake in shares of Corpay in the first quarter valued at about $1,048,000. Finally, M&T Bank Corp grew its stake in shares of Corpay by 4,657.7% in the fourth quarter. M&T Bank Corp now owns 1,044,074 shares of the corporate payments company’s stock valued at $314,193,000 after acquiring an additional 1,022,129 shares in the last quarter. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on CPAY. Oppenheimer reiterated an “outperform” rating and set a $388.00 price target on shares of Corpay in a report on Friday, May 8th. Keefe, Bruyette & Woods upped their price objective on Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Wolfe Research reaffirmed an “outperform” rating and issued a $475.00 price objective on shares of Corpay in a research report on Thursday, August 6th. Loop Capital began coverage on Corpay in a research note on Monday, May 18th. They set a “buy” rating and a $406.00 target price for the company. Finally, Wall Street Zen cut Corpay from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $426.08.

View Our Latest Stock Analysis on Corpay

About Corpay

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Corpay (NYSE:CPAY)

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