Insider Selling: Corpay (NYSE:CPAY) CEO Sells $49,276,026.40 in Stock

Corpay, Inc (NYSE:CPAY) CEO Ronald Clarke sold 119,486 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the chief executive officer owned 2,354,330 shares in the company, valued at approximately $970,925,692. This represents a 4.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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 opened at $403.29 on Friday. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97. The company has a 50 day moving average price of $379.14 and a 200-day moving average price of $345.38. Corpay, Inc has a 1-year low of $252.84 and a 1-year high of $425.95. The firm has a market cap of $26.48 billion, a price-to-earnings ratio of 24.55, a price-to-earnings-growth ratio of 1.12 and a beta of 0.87.

Corpay (NYSE:CPAY) 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 analysts’ consensus estimates of $6.58 by $0.42. The firm had revenue of $1.34 billion for 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 firm’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the firm 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. Equities research analysts forecast that Corpay, Inc will post 25.75 EPS for the current year.

Hedge Funds Weigh In On Corpay

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CPAY. Integrated Wealth Concepts LLC purchased a new stake in shares of Corpay during the first quarter worth about $207,000. Woodline Partners LP lifted its stake in Corpay by 39.3% in the 1st 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 in the last quarter. Intech Investment Management LLC boosted its holdings in Corpay by 30.4% in the 1st quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company’s stock worth $1,165,000 after buying an additional 778 shares during the last quarter. Marshall Wace LLP boosted its holdings in Corpay by 128.6% in the 2nd quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company’s stock worth $531,000 after buying an additional 900 shares during the last quarter. Finally, Brown Advisory Inc. boosted its holdings in Corpay by 16.0% in the 2nd quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company’s stock worth $554,000 after buying an additional 230 shares during the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CPAY has been the topic of a number of analyst reports. Keefe, Bruyette & Woods raised their target price on Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Royal Bank Of Canada upped their price target on Corpay from $363.00 to $423.00 and gave the stock a “sector perform” rating in a report on Thursday, August 6th. JPMorgan Chase & Co. increased their price target on Corpay from $400.00 to $470.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Morgan Stanley set a $455.00 price objective on Corpay in a report on Friday, August 7th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $442.00 price objective on shares of Corpay in a report on Thursday, August 6th. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Corpay presently has a consensus rating of “Moderate Buy” and a consensus price target 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.