Steven Stull Sells 1,000 Shares of Corpay (NYSE:CPAY) Stock

Corpay, Inc. (NYSE:CPAY) Director Steven Stull sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $360.78, for a total value of $360,780.00. Following the completion of the transaction, the director owned 28,241 shares of the company’s stock, valued at approximately $10,188,787.98. This represents a 3.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Corpay Stock Up 2.1%

NYSE CPAY opened at $360.86 on Wednesday. The stock has a market cap of $23.59 billion, a PE ratio of 21.60, a P/E/G ratio of 0.97 and a beta of 0.86. Corpay, Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $367.43. The business has a 50 day moving average price of $333.73 and a two-hundred day moving average price of $321.95. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.86.

Corpay (NYSE:CPAY) last released its quarterly earnings results on Thursday, May 7th. The company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.50 by $0.30. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Corpay had a return on equity of 38.68% and a net margin of 24.60%.Corpay’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.51 EPS. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. As a group, sell-side analysts predict that Corpay, Inc. will post 25.49 EPS for the current fiscal year.

Hedge Funds Weigh In On Corpay

Institutional investors and hedge funds have recently made changes to their positions in the business. MV Capital Management Inc. purchased a new position in shares of Corpay during the 4th quarter valued at approximately $25,000. Leonteq Securities AG bought a new position in Corpay during the fourth quarter worth $27,000. Axiom Investment Management LLC bought a new position in Corpay during the first quarter worth $27,000. BOKF NA lifted its stake 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 purchasing an additional 94 shares during the last quarter. Finally, Torren Management LLC bought a new position in Corpay during the fourth quarter worth $29,000. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CPAY has been the subject of a number of analyst reports. Morgan Stanley restated an “overweight” rating and issued a $400.00 price target on shares of Corpay in a report on Sunday, May 10th. Robert W. Baird decreased their price target on Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a report on Tuesday, March 31st. Weiss Ratings upgraded Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. Oppenheimer restated an “outperform” rating and issued a $388.00 price target on shares of Corpay in a report on Friday, May 8th. Finally, Raymond James Financial restated an “outperform” rating and issued a $361.00 price target on shares of Corpay in a report on Thursday, March 5th. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $383.07.

Corpay Company Profile

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.