Corpay (NYSE:CPAY) Insider Sells $148,423.44 in Stock

Corpay, Inc. (NYSE:CPAYGet Free Report) insider Armando Lins Netto sold 418 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $355.08, for a total value of $148,423.44. Following the completion of the sale, the insider directly owned 32,617 shares of the company’s stock, valued at approximately $11,581,644.36. The trade was a 1.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 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 stock was sold at an average price of $356.05, for a total transaction of $5,016,388.45.

Corpay Stock Performance

NYSE CPAY opened at $362.35 on Monday. The firm has a market capitalization of $23.68 billion, a P/E ratio of 21.68, a price-to-earnings-growth ratio of 0.99 and a beta of 0.86. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.86. The firm’s fifty day moving average price is $318.29 and its two-hundred day moving average price is $315.88. Corpay, Inc. has a 1 year low of $252.84 and a 1 year high of $364.24.

Corpay (NYSE:CPAYGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $5.80 earnings per share for the quarter, topping the consensus estimate of $5.50 by $0.30. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. Corpay had a net margin of 24.60% and a return on equity of 38.68%. Corpay’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same period in the previous year, the business earned $4.51 EPS. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. As a group, research analysts anticipate that Corpay, Inc. will post 25.49 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Royal Bank Of Canada upped their price objective on Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a research note on Thursday, February 5th. Loop Capital started coverage on Corpay in a research report on Monday, May 18th. They issued a “buy” rating and a $406.00 price objective for the company. Robert W. Baird cut their price objective on Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a research report on Tuesday, March 31st. Oppenheimer reaffirmed an “outperform” rating and issued a $388.00 price objective on shares of Corpay in a research report on Friday, May 8th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $400.00 price objective on shares of Corpay in a research report on Sunday, May 10th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $377.92.

Read Our Latest Stock Analysis on CPAY

Institutional Trading of Corpay

A number of hedge funds have recently made changes to their positions in CPAY. MV Capital Management Inc. acquired a new stake in shares of Corpay in the fourth quarter valued at approximately $25,000. Leonteq Securities AG acquired a new stake in shares of Corpay in the fourth quarter valued at approximately $27,000. Axiom Investment Management LLC acquired a new stake in shares of Corpay in the first quarter valued at approximately $27,000. BOKF NA lifted its holdings in Corpay by 4,700.0% during the 3rd quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after purchasing an additional 94 shares during the last quarter. Finally, Torren Management LLC acquired a new stake in Corpay during the 4th quarter worth approximately $29,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Corpay Company Profile

(Get Free Report)

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.

Further Reading

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