Corpay (NYSE:CPAY) Insider Armando Lins Netto Sells 418 Shares

Corpay, Inc. (NYSE:CPAY) insider Armando Lins Netto sold 418 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $355.08, for a total transaction of $148,423.44. Following the sale, the insider directly owned 32,617 shares of the company’s stock, valued at $11,581,644.36. This represents a 1.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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 stock was sold at an average price of $357.01, for a total transaction of $961,784.94.
• On Thursday, May 28th, Armando Lins Netto sold 14,089 shares of Corpay stock. The shares were sold at an average price of $356.05, for a total transaction of $5,016,388.45.

Corpay Stock Up 2.8%

Corpay stock opened at $362.35 on Friday. The company has a market cap of $23.68 billion, a P/E ratio of 21.68, a price-to-earnings-growth ratio of 0.96 and a beta of 0.81. Corpay, Inc. has a 1-year low of $252.84 and a 1-year high of $364.24. The company has a fifty day simple moving average of $318.29 and a 200 day simple moving average of $315.64. 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 released 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 during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the firm earned $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. Research analysts anticipate that Corpay, Inc. will post 25.49 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on CPAY shares. Wall Street Zen raised shares of Corpay from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. Weiss Ratings raised shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 27th. Robert W. Baird decreased their price objective on shares of Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a research report on Tuesday, March 31st. Mizuho lifted their price objective on shares of Corpay from $320.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $400.00 price objective on shares of Corpay in a research report on Sunday, May 10th. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Corpay has an average rating of “Moderate Buy” and an average price target of $377.92.

Institutional Trading of Corpay

Several hedge funds and other institutional investors have recently modified their holdings of CPAY. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Corpay by 168,603.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,489,655 shares of the company’s stock worth $448,282,000 after buying an additional 1,488,772 shares during the period. M&T Bank Corp boosted its holdings in shares of Corpay by 4,657.7% during the 4th quarter. M&T Bank Corp now owns 1,044,074 shares of the company’s stock worth $314,193,000 after buying an additional 1,022,129 shares during the period. Norges Bank bought a new stake in shares of Corpay during the 4th quarter worth about $266,190,000. Orbis Allan Gray Ltd boosted its holdings in shares of Corpay by 20.8% during the 4th quarter. Orbis Allan Gray Ltd now owns 4,987,968 shares of the company’s stock worth $1,501,029,000 after buying an additional 859,854 shares during the period. Finally, Spruce House Investment Management LLC boosted its holdings in shares of Corpay by 95.3% during the 4th quarter. Spruce House Investment Management LLC now owns 830,000 shares of the company’s stock worth $249,772,000 after buying an additional 405,000 shares during the period. Institutional investors own 98.84% of the company’s stock.

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.