Early Access — free while we kick the tires
EdgarHawk

Farrelly Joseph W

Director

Director
2 filings analyzed · 1 company · Latest 2024-11-14

Companies

Company Buys Sells Direction
CORPAY, INC. CPAY 0 2 Net selling

Activity

November 2024
2024-11-14 CORPAY, INC. CPAY
medium
Sell
2,975 shares
$1,116,160
Significance 5/10

Director Farrelly Joseph W sells 2,975 shares of CPAY at $375.18 for $1.1M; retains 10,530 shares post-transaction.

Director Farrelly sold 2,975 shares (22.0% reduction in his pre-transaction holdings of 13,505 shares) at $375.18, approaching the 52-week high of $374.48. The stock is up 26.3% over the past 90 days and +8.1% over the past 30 days, indicating strong recent momentum at the time of sale. CPAY's fundamentals show solid growth (annual revenue growth of +9.6%, net income of $276.4M on revenue of $1.0B) with a P/E of 25.47, reflecting a premium valuation. His prior sell at CPAY on 2024-08-29 showed a 30-day return of +0.4%, and his cross-ticker sell history (1 prior sale) averaged +0.4% over 30 days, suggesting his prior open-market sales have not preceded price declines. The sale occurs at an elevated price level relative to the year's range, though timing patterns in his historical sells do not indicate consistent prescience in exiting ahead of weakness.

August 2024
2024-08-30 CORPAY, INC. CPAY
medium
Sell
3,225 shares
$1,000,197
Significance 5/10

Director Farrelly Joseph W sold 3,225 shares of CPAY at $310.14 on 2024-08-29, reducing holdings by 19.3%.

Farrelly Joseph W (Director) executed a single open-market sale of 3,225 shares valued at $1,000,197.31, reducing his holdings from 16,730 to 13,505 shares (a 19.3% reduction). The sale occurred at $310.14, only 0.2% below the 52-week high of $316.14, near the upper end of the stock's recent price range. The company exhibits solid fundamentals with quarterly revenue of $975,710,000.00, net income of $251,625,000.00, and 9.6% annual revenue growth; the P/E of 21.72 on a $21.9B market cap reflects a mature, profitable business. Without disclosed rationale or FLAG context indicating a 10b5-1 plan, this represents a discretionary director-level liquidation occurring after the stock appreciated 8.1% over 30 days and 17.9% over 90 days.

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access