Insider Selling: Corpay (NYSE:CPAY) Director Sells $360,780.00 in Stock

Corpay, Inc. (NYSE:CPAY) Director Steven Stull sold 1,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total transaction of $360,780.00. Following the completion of the sale, the director directly owned 28,241 shares in the company, valued at approximately $10,188,787.98. This represents a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Corpay Trading Down 2.0%

NYSE:CPAY opened at $353.20 on Thursday. The firm’s fifty day moving average is $334.83 and its 200-day moving average is $322.37. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.98 and a current ratio of 0.98. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $367.43. The firm has a market cap of $23.09 billion, a P/E ratio of 21.14, a P/E/G ratio of 0.99 and a beta of 0.86.

Corpay (NYSE:CPAY) last posted its quarterly earnings data on Thursday, May 7th. The company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.50 by $0.30. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the firm posted $4.51 EPS. The company’s quarterly revenue was up 25.4% on a year-over-year basis. 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 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. MV Capital Management Inc. acquired a new position in Corpay during the fourth quarter worth $25,000. Leonteq Securities AG acquired a new position in Corpay during the fourth quarter worth $27,000. Axiom Investment Management LLC acquired a new position in Corpay during the first quarter worth $27,000. BOKF NA raised its holdings in Corpay by 4,700.0% during the third quarter. BOKF NA now owns 96 shares of the company’s stock worth $28,000 after buying an additional 94 shares during the last quarter. Finally, Torren Management LLC acquired a new position in Corpay during the fourth quarter worth $29,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on CPAY. Morgan Stanley reaffirmed an “overweight” rating and issued a $400.00 price objective on shares of Corpay in a research note on Sunday, May 10th. Wolfe Research reiterated an “outperform” rating and set a $450.00 target price on shares of Corpay in a research report on Wednesday, June 3rd. Oppenheimer reiterated an “outperform” rating and set a $388.00 target price on shares of Corpay in a research report on Friday, May 8th. Loop Capital began coverage on shares of Corpay in a research report on Monday, May 18th. They set a “buy” rating and a $406.00 target price on the stock. Finally, Wall Street Zen upgraded shares of Corpay from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. Thirteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Corpay currently has a consensus rating of “Moderate Buy” and an average target price of $383.07.

About Corpay

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.