GuruFocus - Group President Armando Netto of Corpay Inc (NYSE:CPAY) executed a sale of 64,111 shares of the company on September 10, 2024, according to a recent SEC Filing. Following this transaction, the insider now directly owns 28,217 shares in the company.
Corpay Inc is a leading provider in payment and transaction processing solutions, facilitating a wide range of services that support the financial transactions and payment needs of businesses worldwide.
On the date of the transaction, shares of Corpay Inc were priced at $307.33. This pricing places the company's market cap at approximately $21.30 billion. The price-earnings ratio of the company stands at 22.29, which is below the industry median of 25.83 and also lower than the company's historical median.
The GF Value of Corpay Inc is calculated at $298.90, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.03.
Over the past year, Armando Netto has sold a total of 64,111 shares and has not made any purchases. The insider transaction history for Corpay Inc shows no insider buys in the past year, with a total of 8 insider sells recorded.
This insider activity comes at a time when the stock valuation metrics, such as the price-sales ratio, price-book ratio, and price-to-free cash flow, are calculated based on historical trading multiples, adjusted for the company's past performance and expected future business outcomes.
Investors and stakeholders in Corpay Inc may find these insider transactions and valuation metrics useful for making informed decisions regarding their holdings in the company.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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