Corpay (NYSE:CPAY) Insider Armando Lins Netto Sells 2,694 Shares of Stock

Corpay, Inc. (NYSE:CPAY) insider Armando Lins Netto sold 2,694 shares of the stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $357.01, for a total value of $961,784.94. Following the completion of the transaction, the insider directly owned 15,834 shares in the company, valued at $5,652,896.34. The trade was a 14.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Armando Lins Netto also recently made the following trade(s):

• On Thursday, May 28th, Armando Lins Netto sold 14,089 shares of Corpay stock. The shares were sold at an average price of $356.05, for a total value of $5,016,388.45.
• On Wednesday, May 27th, Armando Lins Netto sold 418 shares of Corpay stock. The shares were sold at an average price of $355.08, for a total value of $148,423.44.

Corpay Trading Up 2.8%

NYSE:CPAY opened at $362.35 on Friday. The firm has a market capitalization of $23.68 billion, a price-to-earnings ratio of 21.68, a PEG ratio of 0.96 and a beta of 0.81. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.86. The business’s 50-day moving average price is $318.29 and its two-hundred day moving average price is $315.64. Corpay, Inc. has a 1-year low of $252.84 and a 1-year high of $364.24.

Corpay (NYSE:CPAY) last released its quarterly earnings results on Thursday, May 7th. The company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.50 by $0.30. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. Corpay had a return on equity of 38.68% and a net margin of 24.60%.Corpay’s revenue was up 25.4% compared to the same quarter last year. During the same quarter last year, the firm posted $4.51 earnings per share. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. On average, equities analysts expect that Corpay, Inc. will post 25.49 earnings per share for the current year.

Hedge Funds Weigh In On Corpay

Several hedge funds and other institutional investors have recently modified their holdings of CPAY. Northwestern Mutual Wealth Management Co. grew its position in Corpay by 168,603.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,489,655 shares of the company’s stock worth $448,282,000 after acquiring an additional 1,488,772 shares during the last quarter. M&T Bank Corp lifted its stake in shares of Corpay by 4,657.7% in the 4th quarter. M&T Bank Corp now owns 1,044,074 shares of the company’s stock valued at $314,193,000 after purchasing an additional 1,022,129 shares during the period. Norges Bank acquired a new position in shares of Corpay in the 4th quarter valued at about $266,190,000. Orbis Allan Gray Ltd raised its stake in Corpay by 20.8% during the 4th quarter. Orbis Allan Gray Ltd now owns 4,987,968 shares of the company’s stock worth $1,501,029,000 after buying an additional 859,854 shares during the period. Finally, Spruce House Investment Management LLC raised its stake in Corpay by 95.3% during the 4th quarter. Spruce House Investment Management LLC now owns 830,000 shares of the company’s stock worth $249,772,000 after buying an additional 405,000 shares during the period. Institutional investors own 98.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on CPAY shares. Royal Bank Of Canada raised their price target on Corpay from $344.00 to $363.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 5th. Weiss Ratings upgraded Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. UBS Group raised their price target on Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Oppenheimer reiterated an “outperform” rating and set a $388.00 target price on shares of Corpay in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. lifted their target price on Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $377.92.

Corpay Company Profile

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.