Insider Selling: Corpay (NYSE:CPAY) Insider Sells $24,816,713.88 in Stock

Corpay, Inc. (NYSE:CPAY) insider Armando Lins Netto sold 70,476 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $352.13, for a total value of $24,816,713.88. Following the completion of the sale, the insider owned 11,274 shares in the company, valued at $3,969,913.62. This represents a 86.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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 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.
• On Wednesday, May 27th, Armando Lins Netto sold 418 shares of Corpay stock. The stock was sold at an average price of $355.08, for a total transaction of $148,423.44.

Corpay Price Performance

CPAY opened at $345.40 on Friday. The firm has a 50-day moving average price of $335.81 and a 200-day moving average price of $322.72. Corpay, Inc. has a twelve month low of $252.84 and a twelve month high of $367.43. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.86. The company has a market capitalization of $22.58 billion, a price-to-earnings ratio of 20.67, a PEG ratio of 0.97 and a beta of 0.86.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Thursday, May 7th. The company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.50 by $0.30. The company 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%. Corpay’s revenue was up 25.4% compared to the same quarter last year. During the same period in the prior year, the company posted $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. Equities analysts expect that Corpay, Inc. will post 25.49 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CPAY shares. Wolfe Research restated an “outperform” rating and set a $450.00 target price on shares of Corpay in a research report on Wednesday, June 3rd. Morgan Stanley reiterated an “overweight” rating and issued a $400.00 price target on shares of Corpay in a research report on Sunday, May 10th. Weiss Ratings upgraded Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, April 27th. Loop Capital started coverage on Corpay in a report on Monday, May 18th. They set a “buy” rating and a $406.00 price objective on the stock. Finally, Robert W. Baird dropped their price objective on Corpay from $440.00 to $380.00 and set an “outperform” rating on the stock in a report on Tuesday, March 31st. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $383.07.

Institutional Trading of Corpay

Several institutional investors and hedge funds have recently bought and sold shares of CPAY. Glenmede Trust Co. NA boosted its holdings in Corpay by 39.7% in the 1st quarter. Glenmede Trust Co. NA now owns 80,048 shares of the company’s stock valued at $23,293,000 after purchasing an additional 22,767 shares during the period. Axiom Investment Management LLC bought a new position in shares of Corpay in the first quarter worth $27,000. Western Wealth Management LLC bought a new position in shares of Corpay in the first quarter worth $36,000. Bank of America Corp DE raised its position in shares of Corpay by 0.6% in the first quarter. Bank of America Corp DE now owns 364,102 shares of the company’s stock worth $105,950,000 after buying an additional 2,131 shares in the last quarter. Finally, Janus Henderson Group PLC raised its position in shares of Corpay by 2.3% in the first quarter. Janus Henderson Group PLC now owns 8,784 shares of the company’s stock worth $2,559,000 after buying an additional 199 shares in the last quarter. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

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.