Insider Selling: Corpay (NYSE:CPAY) Director Sells 1,000 Shares of Stock

Corpay, Inc. (NYSE:CPAY) Director Steven Stull sold 1,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total value of $360,780.00. Following the sale, the director owned 28,241 shares in the company, valued at approximately $10,188,787.98. The trade was a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Corpay Stock Performance

Shares of NYSE:CPAY traded down $3.35 during midday trading on Monday, reaching $352.76. 537,179 shares of the company traded hands, compared to its average volume of 536,307. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.86. Corpay, Inc. has a 12 month low of $252.84 and a 12 month high of $367.43. The firm has a market capitalization of $23.06 billion, a price-to-earnings ratio of 21.11, a price-to-earnings-growth ratio of 0.97 and a beta of 0.86. The firm’s fifty day moving average price is $332.39 and its two-hundred day moving average price is $321.48.

Corpay (NYSE:CPAY) last released its quarterly earnings data on Thursday, May 7th. The company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.50 by $0.30. Corpay had a return on equity of 38.68% and a net margin of 24.60%.The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period in the previous year, the company posted $4.51 EPS. The firm’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. On average, equities analysts expect that Corpay, Inc. will post 25.49 earnings per share for the current year.

Hedge Funds Weigh In On Corpay

A number of hedge funds and other institutional investors have recently modified their holdings of the company. HB Wealth Management LLC boosted its holdings in shares of Corpay by 1.9% in the 4th quarter. HB Wealth Management LLC now owns 1,741 shares of the company’s stock worth $524,000 after purchasing an additional 33 shares in the last quarter. KBC Group NV boosted its holdings in shares of Corpay by 0.4% in the 4th quarter. KBC Group NV now owns 9,318 shares of the company’s stock worth $2,804,000 after purchasing an additional 36 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Corpay by 4.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the company’s stock worth $254,000 after purchasing an additional 37 shares in the last quarter. Harbour Investments Inc. boosted its holdings in shares of Corpay by 35.5% in the 4th quarter. Harbour Investments Inc. now owns 149 shares of the company’s stock worth $45,000 after purchasing an additional 39 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of Corpay by 1.4% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the company’s stock worth $919,000 after purchasing an additional 39 shares in the last quarter. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on CPAY. Oppenheimer restated an “outperform” rating and set a $388.00 target price on shares of Corpay in a research report on Friday, May 8th. Loop Capital began coverage on Corpay in a research report on Monday, May 18th. They set a “buy” rating and a $406.00 target price for the company. Raymond James Financial restated an “outperform” rating and set a $361.00 target price on shares of Corpay in a research report on Thursday, March 5th. Wall Street Zen upgraded Corpay from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. Finally, Wolfe Research restated an “outperform” rating and set a $450.00 target price on shares of Corpay in a research report on Wednesday, June 3rd. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Corpay presently has a consensus rating of “Moderate Buy” and an average price target of $383.07.

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.