Corpay (NYSE:CPAY) CEO Ronald Clarke Sells 94,374 Shares of Stock

Corpay, Inc (NYSE:CPAY) CEO Ronald Clarke sold 94,374 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $415.77, for a total transaction of $39,237,877.98. Following the sale, the chief executive officer owned 2,473,816 shares in the company, valued at approximately $1,028,538,478.32. This trade represents a 3.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Ronald Clarke also recently made the following trade(s):

• On Tuesday, August 25th, Ronald Clarke sold 119,486 shares of Corpay stock. The stock was sold at an average price of $412.40, for a total transaction of $49,276,026.40.

Corpay Stock Down 0.2%

CPAY opened at $413.30 on Wednesday. The stock has a market cap of $27.14 billion, a PE ratio of 25.15, a P/E/G ratio of 1.14 and a beta of 0.87. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.70. Corpay, Inc has a 52 week low of $252.84 and a 52 week high of $425.95. The business’s fifty day simple moving average is $376.58 and its 200 day simple moving average is $344.54.

Corpay (NYSE:CPAY) last issued its quarterly earnings results 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 analyst estimates of $1.30 billion. During the same quarter in the previous year, the company posted $5.13 earnings per share. The company’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. As a group, research analysts expect that Corpay, Inc will post 25.75 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Corpay

A number of large investors have recently bought and sold shares of CPAY. MV Capital Management Inc. bought a new stake in Corpay in the fourth quarter valued at approximately $25,000. Leonteq Securities AG bought a new position in shares of Corpay in the fourth quarter worth approximately $27,000. Axiom Investment Management LLC purchased a new position in shares of Corpay in the first quarter worth $27,000. BOKF NA increased its stake in shares of Corpay by 4,700.0% in the third quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock worth $28,000 after buying an additional 94 shares during the period. Finally, Torren Management LLC bought a new stake in Corpay during the 4th quarter valued at $29,000. 98.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on CPAY shares. Cantor Fitzgerald boosted their target price on Corpay from $415.00 to $480.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Morgan Stanley set a $455.00 price target on shares of Corpay in a research note on Friday, August 7th. Raymond James Financial restated an “outperform” rating and issued a $442.00 price objective on shares of Corpay in a report on Thursday, August 6th. UBS Group upped their price objective on shares of Corpay from $385.00 to $415.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Finally, Royal Bank Of Canada increased their target price on shares of Corpay from $363.00 to $423.00 and gave the company a “sector perform” rating in a report on Thursday, August 6th. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $430.31.

About Corpay

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.