Steven Stull Purchases 8,000 Shares of Corpay (NYSE:CPAY) Stock

Corpay, Inc. (NYSE:CPAYGet Free Report) Director Steven Stull bought 8,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average cost of $314.98 per share, for a total transaction of $2,519,840.00. Following the completion of the transaction, the director owned 29,241 shares in the company, valued at $9,210,330.18. This trade represents a 37.66% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Corpay Price Performance

Shares of NYSE:CPAY traded up $7.94 during midday trading on Monday, reaching $308.53. 454,950 shares of the company’s stock traded hands, compared to its average volume of 480,286. Corpay, Inc. has a 1 year low of $252.84 and a 1 year high of $400.81. The company has a market cap of $21.58 billion, a P/E ratio of 20.95, a PEG ratio of 0.91 and a beta of 0.84. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.13 and a current ratio of 1.13. The company has a fifty day simple moving average of $293.15 and a two-hundred day simple moving average of $305.93.

Corpay (NYSE:CPAYGet Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $5.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.63 by $0.07. The firm 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%. Corpay’s revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the firm earned $5.00 EPS. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. Equities analysts predict that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on CPAY shares. Williams Trading set a $300.00 price target on shares of Corpay in a research note on Monday, November 3rd. JPMorgan Chase & Co. decreased their price target on Corpay from $400.00 to $350.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Keefe, Bruyette & Woods dropped their price objective on shares of Corpay from $445.00 to $400.00 and set an “outperform” rating on the stock in a report on Wednesday, October 1st. Jefferies Financial Group reissued a “buy” rating on shares of Corpay in a research note on Monday, November 3rd. Finally, UBS Group dropped their price objective on Corpay from $340.00 to $315.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $375.43.

Get Our Latest Stock Report on CPAY

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. CVA Family Office LLC boosted its stake in shares of Corpay by 56.7% during the second quarter. CVA Family Office LLC now owns 94 shares of the company’s stock valued at $31,000 after purchasing an additional 34 shares in the last quarter. BOKF NA lifted its stake in shares of Corpay by 4,700.0% in the third quarter. BOKF NA now owns 96 shares of the company’s stock valued at $28,000 after buying an additional 94 shares in the last quarter. Hazlett Burt & Watson Inc. acquired a new position in Corpay during the 2nd quarter valued at about $33,000. Ameritas Advisory Services LLC bought a new stake in Corpay during the second quarter worth $37,000. Finally, Root Financial Partners LLC bought a new position in shares of Corpay during the 3rd quarter valued at approximately $40,000. Institutional investors own 98.84% of the company’s stock.

About Corpay

(Get Free Report)

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.

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