Corpay (NYSE:CPAY) CEO Ronald Clarke Sells 119,486 Shares of Stock

Key Points

• CEO Ronald Clarke sold 119,486 Corpay shares at an average price of $412.40, generating approximately $49.3 million. The sale reduced his stake by 4.83%, though he still owns about 2.35 million shares valued near $971 million.
• Corpay reported strong quarterly results, with EPS of $7.00 exceeding estimates of $6.58 and revenue rising 21.5% year over year to $1.34 billion. The company issued third-quarter 2026 EPS guidance of $7.05–$7.25.
• Wall Street remains broadly positive: 12 analysts rate the stock a Buy and three rate it Hold, producing a “Moderate Buy” consensus and an average price target of $430.31.

Corpay, Inc (NYSE:CPAY - Get Free Report) CEO Ronald Clarke sold 119,486 shares of the company's stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total value of $49,276,026.40. Following the sale, the chief executive officer owned 2,354,330 shares in the company, valued at $970,925,692. The trade was a 4.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• On Monday, August 24th, Ronald Clarke sold 94,374 shares of Corpay stock. The stock was sold at an average price of $415.77, for a total transaction of $39,237,877.98.

Corpay Price Performance

NYSE CPAY traded down $0.62 on Tuesday, hitting $413.30. 580,908 shares of the company's stock were exchanged, compared to its average volume of 569,083. The stock has a 50-day moving average of $374.98 and a 200-day moving average of $343.91. Corpay, Inc has a 52 week low of $252.84 and a 52 week high of $425.95. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.70. The stock has a market cap of $27.14 billion, a price-to-earnings ratio of 25.15, a P/E/G ratio of 1.14 and a beta of 0.87.

Corpay (NYSE:CPAY - Get Free Report) last announced 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. The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The company's revenue for the quarter was up 21.5% compared to the same quarter last year. During the same period in the prior year, the business earned $5.13 earnings per share. 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 expect that Corpay, Inc will post 25.75 earnings per share for the current year.

Institutional Investors Weigh In On Corpay

A number of large investors have recently modified their holdings of CPAY. Integrated Wealth Concepts LLC purchased a new stake in Corpay during the 1st quarter worth approximately $207,000. Woodline Partners LP lifted its position in Corpay by 39.3% in the first quarter. Woodline Partners LP now owns 5,890 shares of the corporate payments company's stock valued at $2,054,000 after buying an additional 1,661 shares during the last quarter. Intech Investment Management LLC boosted its position in shares of Corpay by 30.4% during the 1st quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company's stock worth $1,165,000 after purchasing an additional 778 shares during the period. Marshall Wace LLP grew its stake in shares of Corpay by 128.6% in the second quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company's stock valued at $531,000 after buying an additional 900 shares in the last quarter. Finally, Brown Advisory Inc. grew its position in Corpay by 16.0% in the 2nd quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company's stock valued at $554,000 after acquiring an additional 230 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CPAY. Cantor Fitzgerald raised their price target on Corpay from $415.00 to $480.00 and gave the company an "overweight" rating in a research report on Monday, August 10th. Morgan Stanley set a $455.00 price objective on Corpay in a research report on Friday, August 7th. Royal Bank Of Canada lifted their price target on shares of Corpay from $363.00 to $423.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 6th. Loop Capital initiated coverage on Corpay in a report on Monday, May 18th. They set a "buy" rating and a $406.00 price target on the stock. Finally, Robert W. Baird set a $475.00 target price on shares of Corpay 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's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $430.31.

Corpay Company Profile

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.

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