Sigma Planning Corp grew its stake in Corpay, Inc (NYSE:CPAY – Free Report) by 96.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 4,066 shares of the corporate payments company’s stock after purchasing an additional 2,001 shares during the period. Sigma Planning Corp’s holdings in Corpay were worth $1,580,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Valley National Advisers Inc. grew its position in shares of Corpay by 40,105.9% in the 3rd quarter. Valley National Advisers Inc. now owns 6,835 shares of the corporate payments company’s stock valued at $2,428,000 after buying an additional 6,818 shares during the last quarter. Radnor Capital Management LLC raised its stake in Corpay by 14.9% during the 3rd quarter. Radnor Capital Management LLC now owns 11,355 shares of the corporate payments company’s stock worth $4,362,000 after acquiring an additional 1,470 shares in the last quarter. Signaturefd LLC lifted its position in Corpay by 172.9% in the third quarter. Signaturefd LLC now owns 1,542 shares of the corporate payments company’s stock valued at $569,000 after acquiring an additional 977 shares during the last quarter. Citizens Financial Group Inc. RI lifted its position in Corpay by 1,373.1% in the third quarter. Citizens Financial Group Inc. RI now owns 15,350 shares of the corporate payments company’s stock valued at $5,521,000 after acquiring an additional 14,308 shares during the last quarter. Finally, Sowell Financial Services LLC acquired a new position in Corpay in the third quarter valued at $373,000. Institutional investors and hedge funds own 98.84% of the company’s stock.
Insider Transactions at Corpay
In related news, Director Steven Stull sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $410.66, for a total value of $1,642,640.00. Following the completion of the sale, the director owned 23,598 shares in the company, valued at $9,690,754.68. This trade represents a 14.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Ronald Clarke sold 119,486 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the sale, the chief executive officer directly owned 2,354,330 shares in the company, valued at approximately $970,925,692. This represents a 4.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 220,860 shares of company stock valued at $91,395,514 in the last quarter. Insiders own 5.19% of the company’s stock.
Corpay Trading Down 0.3%
Shares of CPAY stock opened at $395.80 on Thursday. The business’s fifty day moving average price is $403.83 and its 200 day moving average price is $357.04. The firm has a market capitalization of $25.99 billion, a PE ratio of 24.09, a P/E/G ratio of 1.12 and a beta of 0.89. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97. Corpay, Inc has a 1-year low of $252.84 and a 1-year high of $427.46.
Corpay (NYSE:CPAY – Get Free Report) last issued its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, topping the consensus estimate of $6.58 by $0.42. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The business’s revenue was up 21.5% on a year-over-year basis. During the same period in the previous year, the firm earned $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. As a group, sell-side analysts forecast that Corpay, Inc will post 25.79 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities analysts have issued reports on CPAY shares. Raymond James Financial reaffirmed an “outperform” rating and set a $442.00 price objective on shares of Corpay in a report on Thursday, August 6th. Wall Street Zen downgraded Corpay from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Keefe, Bruyette & Woods upped their target price on Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. UBS Group upped their target price on Corpay from $385.00 to $415.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Finally, Scotiabank started coverage on Corpay in a research note on Wednesday, September 2nd. They set an “outperform” rating and a $536.00 price target on the stock. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $439.29.
Get Our Latest Report on Corpay
Corpay Company Profile
Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.
The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.
Corpay operates as part of the broader financial technology and payment processing sector.
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