Steven Stull Sells 643 Shares of Corpay (NYSE:CPAY) Stock

Corpay, Inc (NYSE:CPAYGet Free Report) Director Steven Stull sold 643 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $410.68, for a total transaction of $264,067.24. Following the completion of the transaction, the director owned 27,598 shares of the company’s stock, valued at approximately $11,333,946.64. This trade represents a 2.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Corpay Trading Up 1.4%

NYSE:CPAY opened at $417.74 on Friday. The stock has a market cap of $27.43 billion, a P/E ratio of 25.43, a P/E/G ratio of 1.13 and a beta of 0.87. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97. Corpay, Inc has a 1 year low of $252.84 and a 1 year high of $425.95. The stock has a 50-day simple moving average of $373.35 and a 200-day simple moving average of $343.23.

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

Wall Street Analysts Forecast Growth

CPAY has been the topic of a number of research reports. Oppenheimer restated an “outperform” rating and issued a $388.00 price target on shares of Corpay in a report on Friday, May 8th. Robert W. Baird set a $475.00 target price on Corpay in a research report on Thursday, August 6th. Keefe, Bruyette & Woods upped their target price on Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Wolfe Research restated an “outperform” rating and issued a $475.00 price target on shares of Corpay in a research report on Thursday, August 6th. Finally, JPMorgan Chase & Co. lifted their price target on Corpay from $400.00 to $470.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Corpay presently has a consensus rating of “Moderate Buy” and an average target price of $426.08.

Get Our Latest Stock Report on CPAY

Institutional Investors Weigh In On Corpay

Institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC acquired a new stake in Corpay during the 1st quarter valued at $207,000. Woodline Partners LP lifted its position in shares of Corpay by 39.3% in the first quarter. Woodline Partners LP now owns 5,890 shares of the corporate payments company’s stock valued at $2,054,000 after acquiring an additional 1,661 shares in the last quarter. Intech Investment Management LLC lifted its position in shares of Corpay by 30.4% in the first quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company’s stock valued at $1,165,000 after acquiring an additional 778 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of Corpay by 128.6% during the second quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company’s stock valued at $531,000 after acquiring an additional 900 shares during the last quarter. Finally, Brown Advisory Inc. boosted its stake in shares of Corpay by 16.0% during the second quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company’s stock valued at $554,000 after acquiring an additional 230 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Corpay Company Profile

(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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