Ronald Clarke Sells 94,374 Shares of Corpay (NYSE:CPAY) Stock

Corpay, Inc (NYSE:CPAY) CEO Ronald Clarke sold 94,374 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $415.77, for a total transaction of $39,237,877.98. Following the sale, the chief executive officer directly owned 2,473,816 shares of the company’s stock, valued at $1,028,538,478.32. This represents a 3.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Ronald Clarke also recently made the following trade(s):

• On Tuesday, August 25th, Ronald Clarke sold 119,486 shares of Corpay stock. The stock was sold at an average price of $412.40, for a total transaction of $49,276,026.40.

Corpay Price Performance

CPAY stock opened at $407.24 on Thursday. The company has a quick ratio of 0.97, a current 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. The firm has a market cap of $26.74 billion, a P/E ratio of 24.79, a P/E/G ratio of 1.13 and a beta of 0.87. The company’s 50-day moving average price is $377.90 and its two-hundred day moving average price is $344.98.

Corpay (NYSE:CPAY) last issued its quarterly 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 the consensus estimate of $1.30 billion. During the same quarter in the prior year, the firm posted $5.13 EPS. The firm’s quarterly revenue 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. On average, analysts anticipate that Corpay, Inc will post 25.75 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on CPAY. UBS Group upped their target price on Corpay from $385.00 to $415.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Wolfe Research lifted their price target on Corpay from $475.00 to $530.00 and gave the company an “outperform” rating in a research note on Tuesday. Royal Bank Of Canada boosted their price target on Corpay from $363.00 to $423.00 and gave the stock a “sector perform” rating in a report on Thursday, August 6th. Oppenheimer restated an “outperform” rating and set a $388.00 price objective on shares of Corpay in a research report on Friday, May 8th. Finally, Keefe, Bruyette & Woods raised their price objective on Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a research note 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 data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $430.31.

Institutional Trading of Corpay

A number of hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System grew its stake in shares of Corpay by 36,046.6% during the second quarter. California State Teachers Retirement System now owns 30,244,919 shares of the corporate payments company’s stock worth $10,079,724,000 after buying an additional 30,161,246 shares during the last quarter. VELA Investment Management LLC lifted its stake in shares of Corpay by 0.4% in the 2nd quarter. VELA Investment Management LLC now owns 5,782 shares of the corporate payments company’s stock valued at $1,927,000 after acquiring an additional 25 shares during the last quarter. Paralel Advisors LLC lifted its stake in shares of Corpay by 3.5% in the 2nd quarter. Paralel Advisors LLC now owns 7,939 shares of the corporate payments company’s stock valued at $2,646,000 after acquiring an additional 268 shares during the last quarter. Wedmont Private Capital boosted its holdings in shares of Corpay by 10.4% during the 2nd quarter. Wedmont Private Capital now owns 1,289 shares of the corporate payments company’s stock valued at $456,000 after acquiring an additional 121 shares in the last quarter. Finally, HB Wealth Management LLC boosted its holdings in shares of Corpay by 20.5% during the 2nd quarter. HB Wealth Management LLC now owns 2,378 shares of the corporate payments company’s stock valued at $793,000 after acquiring an additional 405 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

About Corpay

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.