Corpay (NYSE:CPAY) Director Steven Stull Sells 4,000 Shares of Stock

Corpay, Inc (NYSE:CPAYGet Free Report) Director Steven Stull sold 4,000 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $410.66, for a total transaction of $1,642,640.00. Following the completion of the transaction, the director owned 23,598 shares in the company, valued at approximately $9,690,754.68. The trade was a 14.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Corpay Stock Performance

Shares of CPAY stock opened at $412.75 on Friday. Corpay, Inc has a one year low of $252.84 and a one year high of $425.95. The company’s 50-day moving average is $371.71 and its 200 day moving average is $342.63. The company has a market capitalization of $27.10 billion, a price-to-earnings ratio of 25.12, a price-to-earnings-growth ratio of 1.12 and a beta of 0.87. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97.

Corpay (NYSE:CPAYGet Free Report) last issued its 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 net margin of 22.72% and a return on equity of 42.18%. The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same period in the previous year, the company earned $5.13 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts expect that Corpay, Inc will post 25.75 EPS for the current fiscal year.

Institutional Investors Weigh In On Corpay

A number of hedge funds have recently added to or reduced their stakes in CPAY. HB Wealth Management LLC increased its holdings in Corpay by 1.9% in the fourth quarter. HB Wealth Management LLC now owns 1,741 shares of the corporate payments company’s stock valued at $524,000 after buying an additional 33 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Corpay by 4.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the corporate payments company’s stock worth $254,000 after acquiring an additional 37 shares in the last quarter. Thrivent Financial for Lutherans grew its position in shares of Corpay by 1.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the corporate payments company’s stock valued at $919,000 after acquiring an additional 39 shares during the period. Harbour Investments Inc. grew its position in shares of Corpay by 35.5% during the 4th quarter. Harbour Investments Inc. now owns 149 shares of the corporate payments company’s stock valued at $45,000 after acquiring an additional 39 shares during the period. Finally, Sequoia Financial Advisors LLC increased its stake in shares of Corpay by 1.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 4,043 shares of the corporate payments company’s stock valued at $1,176,000 after purchasing an additional 41 shares in the last quarter. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CPAY. Cantor Fitzgerald boosted their price target on Corpay from $415.00 to $480.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. UBS Group increased their price objective on Corpay from $385.00 to $415.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Oppenheimer reiterated an “outperform” rating and issued a $388.00 price objective on shares of Corpay in a report on Friday, May 8th. Morgan Stanley set a $455.00 target price on Corpay in a research report on Friday, August 7th. Finally, Robert W. Baird set a $475.00 target price on shares of Corpay in a research note on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Corpay has an average rating of “Moderate Buy” and a consensus target price of $426.08.

View Our Latest Stock Analysis on Corpay

About Corpay

(Get Free Report)

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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Insider Buying and Selling by Quarter for Corpay (NYSE:CPAY)

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