Insider Selling: Corpay (NYSE:CPAY) Insider Sells 14,089 Shares of Stock

Corpay, Inc. (NYSE:CPAY) insider Armando Lins Netto sold 14,089 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 18,528 shares in the company, 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 Securities & Exchange Commission, which can be accessed 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

NYSE CPAY traded up $9.98 on Friday, reaching $362.35. The company’s stock had a trading volume of 769,367 shares, compared to its average volume of 631,793. The firm has a market cap of $23.68 billion, a PE ratio of 21.68, a price-to-earnings-growth ratio of 0.97 and a beta of 0.81. The business has a 50-day moving average price of $316.75 and a 200 day moving average price of $315.31. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $364.24. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.86.

Corpay (NYSE:CPAY) last posted its earnings results on Thursday, May 7th. The company reported $5.80 earnings per share for the quarter, beating analysts’ consensus estimates of $5.50 by $0.30. The business had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The firm’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.51 earnings per share. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. Sell-side analysts expect that Corpay, Inc. will post 25.49 EPS for the current year.

Hedge Funds Weigh In On Corpay

Large investors have recently modified their holdings of the stock. MV Capital Management Inc. acquired a new position in shares of Corpay during the fourth quarter worth approximately $25,000. Leonteq Securities AG acquired a new position in shares of Corpay during the fourth quarter worth approximately $27,000. Axiom Investment Management LLC acquired a new position in shares of Corpay during the first quarter worth approximately $27,000. BOKF NA lifted its position in shares of Corpay by 4,700.0% during the third quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after purchasing an additional 94 shares in the last quarter. Finally, Torren Management LLC acquired a new position in shares of Corpay during the fourth quarter worth approximately $29,000. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on CPAY. Loop Capital began coverage on shares of Corpay in a research report on Monday, May 18th. They issued a “buy” rating and a $406.00 price target on the stock. Wall Street Zen upgraded shares of Corpay from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. JPMorgan Chase & Co. boosted their price target 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. Robert W. Baird reduced their price target on shares of Corpay from $440.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 31st. Finally, UBS Group boosted their price target 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. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Corpay currently has an average rating of “Moderate Buy” and a consensus price target of $377.92.

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.