Insider Sell: Alan King Sells 21,272 Shares of Corpay Inc (CPAY)

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3 days ago
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On November 26, 2024, [Alan King](https://www.gurufocus.com/insider/21472/alan-king), Group President, Global Fleet at Corpay Inc (CPAY, Financial), sold 21,272 shares of the company, according to a [SEC Filing](http://www.sec.gov/Archives/edgar/data/1175454/000095017024131520/xslF345X01/ownership.xml). Following this transaction, the insider now owns 17,990 shares of the company. Corpay Inc (CPAY) is a company that provides comprehensive payment solutions to businesses, enabling them to manage their global payments and streamline their financial operations. The company offers a range of services, including payment processing, currency exchange, and financial risk management. 1861923991816663040.png The insider transaction history for Corpay Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 12 insider sells over the same timeframe. Over the past year, [Alan King](https://www.gurufocus.com/insider/21472/alan-king) has sold a total of 28,276 shares and purchased 0 shares. On the day of the recent sale, shares of Corpay Inc were trading at $381.97 each, giving the stock a [market cap](https://www.gurufocus.com/term/mktcap/CPAY) of $26,533.391 million. The [price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/CPAY) stands at 27.15, which is higher than the industry median of 26.79 but lower than the company’s historical median price-earnings ratio. 1861924042483855360.png With a price of $381.97 and a [GF Value](https://www.gurufocus.com/term/gf-value/CPAY) of $308.58, Corpay Inc has a price-to-GF-Value ratio of 1.24, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as the [price-sales ratio](https://www.gurufocus.com/term/ps-ratio/CPAY), [price-book ratio](https://www.gurufocus.com/term/pb-ratio/CPAY), and [price-to-free cash flow](https://www.gurufocus.com/term/price-to-free-cash-flow/CPAY), a GuruFocus adjustment factor based on the company’s past returns and growth, and future estimates of business performance from Morningstar analysts.

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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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.