Corpay Inc. Chief Executive Officer Ronald Clarke sold approximately $88.5 million worth of company shares in open-market transactions conducted on August 24 and 25, 2026. The disposal involved 213,860 ordinary shares at prices ranging from $413.54 to $419.62 on the first day and $408.99 to $415.14 on the second.
Clarke's remaining beneficial ownership in Corpay stands at 2,354,330 ordinary shares following the sales. The transactions followed an earlier exercise of stock options on August 21, when he acquired 450,000 shares at $150.74 each, totaling $67.8 million. On the same day, Clarke sold 290,043 shares to cover tax obligations and the exercise price, generating proceeds of about $121 million.
Corpay's stock has climbed 37% year-to-date and is trading near its 52-week high of $425.94. The company reported second-quarter 2026 revenue of $1.34 billion, exceeding Wall Street estimates by $40 million and reflecting a 4% increase over projections. Adjusted cash earnings per share reached a record $7.00, topping expectations by roughly 6%.
For the third quarter, Corpay guided revenue to a range of $1.345 billion to $1.365 billion, with adjusted EPS projected between $7.05 and $7.25. Analysts have revised price targets upward, with Raymond James raising its target to $442, Cantor Fitzgerald to $480, and Wolfe Research to $475, citing long-term growth potential in the B2B payments sector.
