Insider Selling: Corpay (NYSE:CPAY) Director Sells 643 Shares

Key Points

• Corpay Director Steven Stull sold 643 shares at an average price of $410.68, generating proceeds of approximately $264,067 and reducing his position by 2.28% to 27,598 shares.
• Corpay exceeded quarterly expectations, reporting $7.00 EPS and $1.34 billion in revenue, up 21.5% year over year. The company issued Q3 and full-year 2026 EPS guidance.
• Analysts maintain a favorable outlook, with a consensus “Moderate Buy” rating and a $426.08 price target; institutional investors and hedge funds own 98.84% of the stock.

Corpay, Inc (NYSE:CPAY - Get Free Report) Director Steven Stull sold 643 shares of the company's stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $410.68, for a total transaction of $264,067.24. Following the transaction, the director owned 27,598 shares of the company's stock, valued at approximately $11,333,946.64. The trade was a 2.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Corpay Stock Performance

Shares of CPAY stock traded up $5.67 during mid-day trading on Thursday, hitting $412.75. The stock had a trading volume of 410,773 shares, compared to its average volume of 626,667. The firm has a market cap of $27.10 billion, a PE ratio of 25.12, a PEG ratio of 1.12 and a beta of 0.87. The company's 50-day simple moving average is $370.18 and its 200-day simple moving average is $342.14. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97. Corpay, Inc has a fifty-two week low of $252.84 and a fifty-two week high of $425.95.

Corpay (NYSE:CPAY - Get Free Report) 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 analysts' consensus estimates of $6.58 by $0.42. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The business's revenue was up 21.5% compared to the same quarter last year. During the same period in the previous year, the business posted $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. Sell-side analysts anticipate that Corpay, Inc will post 25.75 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have issued reports on CPAY. Morgan Stanley set a $455.00 target price on Corpay in a research report on Friday, August 7th. Oppenheimer reissued an "outperform" rating and issued a $388.00 price target on shares of Corpay in a report on Friday, May 8th. Loop Capital initiated coverage on Corpay in a research note on Monday, May 18th. They issued a "buy" rating and a $406.00 price target on the stock. Keefe, Bruyette & Woods upped their price objective on Corpay from $400.00 to $470.00 and gave the stock an "outperform" rating in a report on Thursday, August 6th. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Corpay in a research report on Friday, July 24th. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Corpay has a consensus rating of "Moderate Buy" and a consensus price target of $426.08.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its holdings in Corpay by 168,603.9% in the fourth 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 in the last quarter. M&T Bank Corp lifted its position in shares of Corpay by 4,657.7% during the 4th quarter. M&T Bank Corp now owns 1,044,074 shares of the corporate payments company's stock valued at $314,193,000 after acquiring an additional 1,022,129 shares during the period. Norges Bank purchased a new stake in shares of Corpay during the 4th quarter worth approximately $266,190,000. Orbis Allan Gray Ltd boosted its stake in shares of Corpay by 20.8% during the 4th 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 in the last quarter. Finally, Spruce House Investment Management LLC boosted its stake in shares of Corpay by 95.3% during the 4th 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 in the last quarter. 98.84% of the stock is currently owned by institutional investors and hedge funds.

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.

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