Corpay (NYSE:CPAY) Hits New 1-Year High – Here’s What Happened

Posted by Geri Gentry on Aug 4th, 2026

Shares of Corpay, Inc (NYSE:CPAY – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $396.18 and last traded at $395.1660, with a volume of 278472 shares changing hands. The stock had previously closed at $385.78.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CPAY shares. Oppenheimer restated an “outperform” rating and set a $388.00 price target on shares of Corpay in a research note on Friday, May 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of Corpay in a report on Friday, July 24th. Loop Capital initiated coverage on shares of Corpay in a research report on Monday, May 18th. They set a “buy” rating and a $406.00 target price for the company. Wolfe Research reaffirmed an “outperform” rating and set a $450.00 target price on shares of Corpay in a report on Wednesday, June 3rd. Finally, Morgan Stanley increased their price target on shares of Corpay from $400.00 to $415.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Twelve analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Corpay has an average rating of “Moderate Buy” and an average price target of $383.69.

Read Our Latest Research Report on Corpay

Corpay Stock Performance

The company has a debt-to-equity ratio of 1.86, a current ratio of 0.98 and a quick ratio of 0.98. The business has a 50-day simple moving average of $354.35 and a 200 day simple moving average of $337.03. The firm has a market cap of $25.96 billion, a PE ratio of 23.77, a PEG ratio of 1.04 and a beta of 0.88.

Corpay (NYSE:CPAY – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The corporate payments company reported ($0.01) earnings per share for the quarter. The company had revenue of $5.63 million for the quarter. Corpay had a net margin of 24.60% and a return on equity of 38.68%. Equities research analysts forecast that Corpay, Inc will post 25.48 EPS for the current year.

Insider Buying and Selling

In other Corpay news, insider Armando Lins Netto sold 70,476 shares of Corpay stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $352.13, for a total transaction of $24,816,713.88. Following the transaction, the insider owned 11,274 shares of the company’s stock, valued at $3,969,913.62. The trade was a 86.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven T. 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 transaction 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. The trade was a 3.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 88,677 shares of company stock worth $31,304,091. 5.19% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CPAY. Orbis Allan Gray Ltd increased its stake in Corpay by 20.8% in 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 buying an additional 859,854 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Corpay by 6.9% in the fourth quarter. JPMorgan Chase & Co. now owns 4,734,927 shares of the corporate payments company’s stock valued at $1,424,882,000 after acquiring an additional 307,355 shares in the last quarter. State Street Corp lifted its position in shares of Corpay by 0.8% in the third quarter. State Street Corp now owns 2,956,744 shares of the corporate payments company’s stock valued at $851,720,000 after acquiring an additional 23,470 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Corpay by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 1,905,526 shares of the corporate payments company’s stock worth $571,346,000 after acquiring an additional 19,281 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Corpay by 0.5% in the fourth quarter. Invesco Ltd. now owns 1,751,048 shares of the corporate payments company’s stock worth $526,943,000 after acquiring an additional 8,783 shares during the period. Institutional investors own 98.84% of the company’s stock.

Corpay Company Profile

(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.