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

Corpay, Inc (NYSE:CPAY) CEO Ronald Clarke sold 119,486 shares of the 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 sale, the chief executive officer directly owned 2,354,330 shares of the company’s stock, valued at $970,925,692. The trade was a 4.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 shares were sold at an average price of $415.77, for a total transaction of $39,237,877.98.

Corpay Stock Performance

Shares of NYSE:CPAY opened at $413.30 on Wednesday. The company has a market cap of $27.14 billion, a price-to-earnings ratio of 25.15, a price-to-earnings-growth ratio of 1.14 and a beta of 0.87. The company has a 50-day moving average price of $376.58 and a 200-day moving average price of $344.54. 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, Inc has a 12 month low of $252.84 and a 12 month high of $425.95.

Corpay (NYSE:CPAY) last posted its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, topping analysts’ consensus estimates of $6.58 by $0.42. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The company had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period in the prior year, the business posted $5.13 earnings per share. Corpay’s revenue for the quarter was up 21.5% on a year-over-year basis. 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, equities analysts anticipate that Corpay, Inc will post 25.75 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Royal Bank Of Canada upped their target price on Corpay from $363.00 to $423.00 and gave the company a “sector perform” rating in a report on Thursday, August 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of Corpay in a research report on Friday, July 24th. Wall Street Zen lowered shares of Corpay from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. JPMorgan Chase & Co. upped their price objective on shares of Corpay from $400.00 to $470.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Finally, UBS Group raised their target price on shares of Corpay from $385.00 to $415.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $430.31.

Institutional Investors Weigh In On Corpay

Several hedge funds have recently made changes to their positions in the company. MV Capital Management Inc. purchased a new position in Corpay during the fourth quarter valued at $25,000. Leonteq Securities AG bought a new stake in shares of Corpay during the 4th quarter valued at $27,000. Axiom Investment Management LLC purchased a new stake in shares of Corpay in the 1st quarter worth about $27,000. BOKF NA grew its position in shares of Corpay by 4,700.0% in the 3rd quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock worth $28,000 after buying an additional 94 shares during the period. Finally, Torren Management LLC bought a new position in shares of Corpay in the 4th quarter worth about $29,000. 98.84% of the stock is currently owned by 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.