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FleetCor Technologies (NYSE:FLT) CEO Andrew Blazye sold 2,975 shares of the company’s stock on the open market in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $132.44, for a total transaction of $394,009.00. Following the completion of the sale, the chief executive officer now directly owns 14,775 shares of the company’s stock, valued at approximately $1,956,801. The sale was disclosed in a document filed with the SEC, which is available at this link.

A number of analysts have recently weighed in on FLT shares. Analysts at Raymond James reiterated an “outperform” rating on shares of FleetCor Technologies in a research note on Friday, May 2nd. They now have a $125.00 price target on the stock. Separately, analysts at Evercore Partners raised their price target on shares of FleetCor Technologies to $156.00 in a research note on Friday, May 2nd. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of FleetCor Technologies in a research note on Thursday, April 24th. They now have a $139.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. FleetCor Technologies currently has a consensus rating of “Buy” and a consensus price target of $132.76.

FleetCor Technologies (NYSE:FLT) traded up 1.30% on Thursday, hitting $132.69. The stock had a trading volume of 187,869 shares. FleetCor Technologies has a 52 week low of $82.14 and a 52 week high of $134.02. The stock has a 50-day moving average of $128.9 and a 200-day moving average of $119.4. The company has a market cap of $11.004 billion and a P/E ratio of 37.76. FleetCor Technologies also was the recipient of a significant growth in short interest in the month of June. As of June 13th, there was short interest totalling 855,620 shares, a growth of 69.0% from the May 30th total of 506,251 shares. Based on an average daily trading volume, of 558,077 shares, the short-interest ratio is currently 1.5 days. Currently, 1.1% of the company’s stock are short sold.

FleetCor Technologies (NYSE:FLT) last released its earnings data on Thursday, May 1st. The company reported $1.12 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.07 by $0.05. The company had revenue of $253.90 million for the quarter, compared to the consensus estimate of $242.61 million. During the same quarter last year, the company posted $0.90 earnings per share. FleetCor Technologies’s revenue was up 31.1% compared to the same quarter last year. Analysts expect that FleetCor Technologies will post $5.04 EPS for the current fiscal year.

FleetCor Technologies, Inc is an independent global provider of fuel cards and workforce payment products and services to businesses, commercial fleets, major oil companies, petroleum marketers and government entities in countries throughout North America, Latin America and Europe.

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