Corpay (NYSE:CPAY) Director Steven Stull Buys 8,000 Shares

Corpay, Inc. (NYSE:CPAY) Director Steven Stull bought 8,000 shares of Corpay stock in a transaction on Friday, December 12th. The stock was acquired at an average price of $314.98 per share, with a total value of $2,519,840.00. Following the completion of the purchase, the director directly owned 29,241 shares of the company’s stock, valued at approximately $9,210,330.18. The trade was a 37.66% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Corpay Stock Performance

Corpay stock traded up $7.94 during mid-day trading on Monday, reaching $308.53. The company had a trading volume of 454,950 shares, compared to its average volume of 480,286. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $400.81. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.41. The company has a 50 day moving average of $293.15 and a 200-day moving average of $305.93. The firm has a market cap of $21.58 billion, a price-to-earnings ratio of 20.95, a PEG ratio of 0.91 and a beta of 0.84.

Corpay (NYSE:CPAY) last posted its earnings results on Wednesday, November 5th. The company reported $5.70 earnings per share for the quarter, topping the consensus estimate of $5.63 by $0.07. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.16 billion. Corpay had a net margin of 24.37% and a return on equity of 37.83%. The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.00 EPS. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. On average, sell-side analysts expect that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CPAY. UBS Group dropped their target price on shares of Corpay from $340.00 to $315.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Keefe, Bruyette & Woods decreased their price target on Corpay from $445.00 to $400.00 and set an “outperform” rating for the company in a research note on Wednesday, October 1st. Jefferies Financial Group reiterated a “buy” rating on shares of Corpay in a research report on Monday, November 3rd. Wall Street Zen cut shares of Corpay from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Finally, Williams Trading set a $300.00 price objective on Corpay in a research note on Monday, November 3rd. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $375.43.

Institutional Investors Weigh In On Corpay

Several hedge funds have recently made changes to their positions in the company. Atria Wealth Solutions Inc. boosted its stake in Corpay by 4.7% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 695 shares of the company’s stock worth $231,000 after purchasing an additional 31 shares in the last quarter. CVA Family Office LLC lifted its position in shares of Corpay by 56.7% in the second quarter. CVA Family Office LLC now owns 94 shares of the company’s stock valued at $31,000 after acquiring an additional 34 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Corpay by 4.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the company’s stock worth $254,000 after purchasing an additional 37 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in Corpay by 1.4% during the second quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the company’s stock valued at $919,000 after buying an additional 39 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of Corpay by 19.4% in the 2nd quarter. Blue Trust Inc. now owns 246 shares of the company’s stock worth $82,000 after purchasing an additional 40 shares during the period. 98.84% of the stock is currently owned by institutional investors.

About Corpay

Corpay (NYSE:CPAY) is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.

Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.