Insider Selling: Corpay (NYSE:CPAY) Insider Sells $5,016,388.45 in Stock

Corpay, Inc. (NYSE:CPAY) insider Armando Lins Netto sold 14,089 shares of the firm’s stock in a transaction that occurred 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. The trade was a 43.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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 Trading Up 0.2%

NYSE CPAY opened at $362.35 on Monday. The firm has a 50 day simple moving average of $318.29 and a 200-day simple moving average of $315.88. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.98 and a current ratio of 0.98. Corpay, Inc. has a one year low of $252.84 and a one year high of $364.24. The firm has a market cap of $23.68 billion, a price-to-earnings ratio of 21.68, a PEG ratio of 0.99 and a beta of 0.86.

Corpay (NYSE:CPAY) last posted 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 firm posted $4.51 earnings per share. The business’s revenue for the quarter 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. Equities research analysts anticipate that Corpay, Inc. will post 25.49 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on CPAY. JPMorgan Chase & Co. lifted their price target on shares of Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Cantor Fitzgerald lifted their price target on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Robert W. Baird decreased their price target on shares of Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday, March 31st. Weiss Ratings upgraded shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, April 27th. Finally, Wall Street Zen upgraded shares of Corpay from a “hold” rating to a “buy” rating in a research note on Monday, March 23rd. Twelve 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.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $377.92.

Institutional Trading of Corpay

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

About Corpay

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.