Corpay (NYSE:CPAY) Director Sells 4,000 Shares

Corpay, Inc (NYSE:CPAYGet Free Report) Director Steven Stull sold 4,000 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $410.66, for a total transaction of $1,642,640.00. Following the completion of the sale, the director directly owned 23,598 shares of the company’s stock, valued at $9,690,754.68. This represents a 14.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Corpay Price Performance

Shares of NYSE CPAY traded up $5.67 during midday trading on Thursday, reaching $412.75. The company’s stock had a trading volume of 410,773 shares, compared to its average volume of 626,667. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market cap of $27.10 billion, a P/E ratio of 25.12, a P/E/G ratio of 1.12 and a beta of 0.87. The business’s 50 day moving average price is $370.18 and its two-hundred day moving average price is $342.14. Corpay, Inc has a fifty-two week low of $252.84 and a fifty-two week high of $425.95.

Corpay (NYSE:CPAYGet Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.58 by $0.42. Corpay had a return on equity of 42.18% and a net margin of 22.72%.The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the prior year, the business posted $5.13 earnings per share. The firm’s quarterly revenue was up 21.5% compared to the same quarter last year. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. On average, analysts forecast that Corpay, Inc will post 25.75 EPS for the current fiscal year.

Institutional Trading of Corpay

Several institutional investors have recently modified their holdings of the business. CTC Alternative Strategies Ltd. bought a new stake in shares of Corpay in the 2nd quarter valued at about $253,000. Wedbush Securities Inc. raised its position in shares of Corpay by 43.4% during the second quarter. Wedbush Securities Inc. now owns 1,312 shares of the corporate payments company’s stock worth $437,000 after acquiring an additional 397 shares during the last quarter. Greenleaf Trust raised its position in shares of Corpay by 3.2% during the second quarter. Greenleaf Trust now owns 1,356 shares of the corporate payments company’s stock worth $452,000 after acquiring an additional 42 shares during the last quarter. New Mexico Educational Retirement Board lifted its stake in shares of Corpay by 6.1% in the second quarter. New Mexico Educational Retirement Board now owns 3,500 shares of the corporate payments company’s stock worth $1,166,000 after acquiring an additional 200 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Corpay in the second quarter worth approximately $4,076,000. Institutional investors own 98.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Raymond James Financial restated an “outperform” rating and issued a $442.00 price target on shares of Corpay in a research report on Thursday, August 6th. Keefe, Bruyette & Woods upped their price objective 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. Wall Street Zen downgraded shares of Corpay from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. JPMorgan Chase & Co. raised their target price on shares of Corpay from $400.00 to $470.00 and gave the company 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 company a “neutral” rating in a 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 stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $426.08.

Check Out Our Latest Stock Analysis on CPAY

About Corpay

(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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