Ronald Clarke Sells 119,486 Shares of Corpay (NYSE:CPAY) Stock

Corpay, Inc (NYSE:CPAY) CEO Ronald Clarke sold 119,486 shares of the company’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the completion of the sale, the chief executive officer directly owned 2,354,330 shares in the company, valued at $970,925,692. This trade represents a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, August 24th, Ronald Clarke sold 94,374 shares of Corpay stock. The stock was sold at an average price of $415.77, for a total transaction of $39,237,877.98.

Corpay Trading Down 1.2%

Shares of Corpay stock opened at $407.24 on Thursday. The stock has a market cap of $26.74 billion, a PE ratio of 24.79, a price-to-earnings-growth ratio of 1.13 and a beta of 0.87. The firm has a fifty day moving average price of $377.90 and a 200 day moving average price of $344.98. Corpay, Inc has a 1 year low of $252.84 and a 1 year high of $425.95. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97.

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

Analysts Set New Price Targets

CPAY has been the topic of a number of recent research reports. Morgan Stanley set a $455.00 target price on Corpay in a research note on Friday, August 7th. JPMorgan Chase & Co. lifted their price target on Corpay from $400.00 to $470.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Cantor Fitzgerald boosted their price target on Corpay from $415.00 to $480.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Loop Capital began 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. Finally, Wall Street Zen cut shares of Corpay from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $430.31.

Institutional Investors Weigh In On Corpay

Hedge funds have recently modified their holdings of the company. California State Teachers Retirement System lifted its stake in Corpay by 36,046.6% in the 2nd quarter. California State Teachers Retirement System now owns 30,244,919 shares of the corporate payments company’s stock valued at $10,079,724,000 after buying an additional 30,161,246 shares in the last quarter. Orbis Allan Gray Ltd raised its holdings in shares of Corpay by 20.8% during the fourth quarter. Orbis Allan Gray Ltd now owns 4,987,968 shares of the corporate payments company’s stock valued at $1,501,029,000 after acquiring an additional 859,854 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Corpay by 6.9% during the fourth quarter. JPMorgan Chase & Co. now owns 4,734,927 shares of the corporate payments company’s stock valued at $1,424,882,000 after acquiring an additional 307,355 shares during the last quarter. State Street Corp lifted its position in shares of Corpay by 0.8% in the third quarter. State Street Corp now owns 2,956,744 shares of the corporate payments company’s stock valued at $851,720,000 after acquiring an additional 23,470 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Corpay by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 1,905,526 shares of the corporate payments company’s stock valued at $571,346,000 after acquiring an additional 19,281 shares in the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

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.