Insider Selling: Corpay (NYSE:CPAY) Director Sells $974,902.34 in Stock

Corpay, Inc (NYSE:CPAY) Director Steven Stull sold 2,357 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $413.62, for a total value of $974,902.34. Following the completion of the sale, the director owned 21,241 shares in the company, valued at $8,785,702.42. This represents a 9.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Corpay Trading Up 0.1%

Corpay stock opened at $417.74 on Monday. The stock has a market cap of $27.43 billion, a PE ratio of 25.43, a P/E/G ratio of 1.15 and a beta of 0.87. The stock has a 50-day moving average price of $373.35 and a 200 day moving average price of $343.34. Corpay, Inc has a 52 week low of $252.84 and a 52 week high of $425.95. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.70.

Corpay (NYSE:CPAY) last announced its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, beating the consensus estimate of $6.58 by $0.42. The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The firm’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same quarter in the previous 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. Equities research analysts predict that Corpay, Inc will post 25.75 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Corpay

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new position in shares of Corpay in the 1st quarter valued at about $207,000. Woodline Partners LP increased its position in Corpay by 39.3% during the 1st quarter. Woodline Partners LP now owns 5,890 shares of the corporate payments company’s stock worth $2,054,000 after purchasing an additional 1,661 shares in the last quarter. Intech Investment Management LLC increased its position in Corpay by 30.4% during the 1st quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company’s stock worth $1,165,000 after purchasing an additional 778 shares in the last quarter. Marshall Wace LLP raised its holdings in Corpay by 128.6% in the second quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company’s stock valued at $531,000 after buying an additional 900 shares during the period. Finally, Brown Advisory Inc. raised its holdings in Corpay by 16.0% in the second quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company’s stock valued at $554,000 after buying an additional 230 shares during the period. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Keefe, Bruyette & Woods raised their target price on shares of Corpay from $400.00 to $470.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Robert W. Baird set a $475.00 price target on Corpay in a report on Thursday, August 6th. Oppenheimer reiterated an “outperform” rating and issued a $388.00 price target on shares of Corpay in a report on Friday, May 8th. Cantor Fitzgerald increased their price target on Corpay from $415.00 to $480.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Finally, Wolfe Research restated an “outperform” rating and set a $475.00 price objective on shares of Corpay in a report on Thursday, August 6th. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $426.08.

About Corpay

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.