Corpay (NYSE:CPAY) Insider Armando Lins Netto Sells 14,089 Shares

Corpay, Inc. (NYSE:CPAY) insider Armando Lins Netto sold 14,089 shares of the firm’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $356.05, for a total transaction of $5,016,388.45. Following the completion of the transaction, the insider directly owned 18,528 shares of the company’s stock, valued at approximately $6,596,894.40. This trade represents a 43.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Friday, May 29th, Armando Lins Netto sold 2,694 shares of Corpay stock. The shares were sold at an average price of $357.01, for a total transaction of $961,784.94.
• 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 transaction of $148,423.44.

Corpay Price Performance

CPAY stock opened at $362.35 on Friday. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $364.24. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.86. The company has a fifty day simple moving average of $318.29 and a two-hundred day simple moving average of $315.64. The firm has a market capitalization of $23.68 billion, a P/E ratio of 21.68, a price-to-earnings-growth ratio of 0.96 and a beta of 0.81.

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CPAY. JPMorgan Chase & Co. boosted their price objective on shares of Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. UBS Group boosted their price objective on shares of Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Weiss Ratings upgraded shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 27th. Raymond James Financial reiterated an “outperform” rating and set a $361.00 price objective on shares of Corpay in a research report on Thursday, March 5th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $400.00 price objective on shares of Corpay in a research report on Sunday, May 10th. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $377.92.

Hedge Funds Weigh In On Corpay

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

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.