Steven Stull Sells 2,357 Shares of Corpay (NYSE:CPAY) Stock

Corpay, Inc (NYSE:CPAY) Director Steven Stull sold 2,357 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $413.62, for a total value of $974,902.34. Following the sale, the director owned 21,241 shares of the company’s stock, valued at approximately $8,785,702.42. This trade represents a 9.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Corpay Stock Performance

Shares of CPAY opened at $417.74 on Friday. The business’s 50 day moving average is $373.35 and its two-hundred day moving average is $343.26. Corpay, Inc has a 52-week low of $252.84 and a 52-week high of $425.95. The firm has a market cap of $27.43 billion, a price-to-earnings ratio of 25.43, a PEG ratio of 1.15 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 (NYSE:CPAY) last released its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, beating 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 company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same period in the prior year, the business posted $5.13 EPS. The business’s revenue was up 21.5% on a year-over-year basis. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. Analysts forecast that Corpay, Inc will post 25.75 EPS for the current fiscal year.

Institutional Trading of Corpay

A number of institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Corpay by 168,603.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,489,655 shares of the corporate payments company’s stock valued at $448,282,000 after buying an additional 1,488,772 shares during the period. Norges Bank acquired a new stake in Corpay during the fourth quarter worth about $266,190,000. Orbis Allan Gray Ltd raised its stake in Corpay by 20.8% during the fourth quarter. Orbis Allan Gray Ltd now owns 4,987,968 shares of the corporate payments company’s stock worth $1,501,029,000 after acquiring an additional 859,854 shares during the period. Spruce House Investment Management LLC lifted its holdings in Corpay by 95.3% in the fourth quarter. Spruce House Investment Management LLC now owns 830,000 shares of the corporate payments company’s stock worth $249,772,000 after acquiring an additional 405,000 shares during the last quarter. Finally, Hawk Ridge Capital Management LP bought a new position in Corpay in the third quarter worth about $106,381,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on CPAY shares. Raymond James Financial reissued an “outperform” rating and set a $442.00 price objective on shares of Corpay in a report on Thursday, August 6th. Royal Bank Of Canada upped their target price on shares of Corpay from $363.00 to $423.00 and gave the company a “sector perform” rating in a research note on Thursday, August 6th. Oppenheimer reaffirmed an “outperform” rating and set a $388.00 price target on shares of Corpay in a research report on Friday, May 8th. Keefe, Bruyette & Woods lifted their price target on Corpay from $400.00 to $470.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Finally, Wolfe Research reissued an “outperform” rating and issued a $475.00 price objective on shares of Corpay in a report on Thursday, August 6th. Twelve analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Corpay has an average rating of “Moderate Buy” and an average target price of $426.08.

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.