Insider Selling: Corpay (NYSE:CPAY) Director Sells $1,642,640.00 in Stock

Corpay, Inc (NYSE:CPAY) Director Steven Stull sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $410.66, for a total value of $1,642,640.00. Following the completion of the sale, the director directly owned 23,598 shares of the company’s stock, valued at $9,690,754.68. This represents a 14.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Corpay Stock Up 1.4%

Corpay stock opened at $417.74 on Friday. The stock’s 50 day moving average price is $373.35 and its 200 day moving average price is $343.26. Corpay, Inc has a 1-year low of $252.84 and a 1-year high of $425.95. The company has a market cap of $27.43 billion, a PE ratio of 25.43, a price-to-earnings-growth ratio of 1.15 and a beta of 0.87. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97.

Corpay (NYSE:CPAY) last released its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.58 by $0.42. Corpay had a return on equity of 42.18% and a net margin of 22.72%.The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the prior year, the business posted $5.13 earnings per share. Corpay’s revenue was up 21.5% compared to the same quarter last year. 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, sell-side analysts predict that Corpay, Inc will post 25.75 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CPAY shares. Morgan Stanley set a $455.00 price target on shares of Corpay in a report on Friday, August 7th. Loop Capital initiated coverage on shares of Corpay in a report on Monday, May 18th. They set a “buy” rating and a $406.00 price objective on the stock. Robert W. Baird set a $475.00 target price on shares of Corpay in a research report on Thursday, August 6th. JPMorgan Chase & Co. increased their target price on shares of Corpay from $400.00 to $470.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Finally, Oppenheimer reiterated an “outperform” rating and set a $388.00 price target on shares of Corpay in a research report on Friday, May 8th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $426.08.

Institutional Investors Weigh In On Corpay

Hedge funds have recently modified their holdings of the company. Empowered Funds LLC boosted its holdings in shares of Corpay by 141.3% during the first quarter. Empowered Funds LLC now owns 5,490 shares of the corporate payments company’s stock worth $1,598,000 after purchasing an additional 3,215 shares during the last quarter. Moran Wealth Management LLC grew its holdings in Corpay by 77.9% in the first quarter. Moran Wealth Management LLC now owns 37,869 shares of the corporate payments company’s stock valued at $11,020,000 after purchasing an additional 16,586 shares during the period. Procyon Advisors LLC grew its holdings in Corpay by 78.0% in the first quarter. Procyon Advisors LLC now owns 6,357 shares of the corporate payments company’s stock valued at $1,850,000 after purchasing an additional 2,786 shares during the period. Louisiana State Employees Retirement System acquired a new position in Corpay during the first quarter worth approximately $1,048,000. Finally, M&T Bank Corp increased its position in Corpay by 4,657.7% during the fourth quarter. M&T Bank Corp now owns 1,044,074 shares of the corporate payments company’s stock worth $314,193,000 after purchasing an additional 1,022,129 shares during the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Corpay Company Profile

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.