Prescott Group Capital Management L.L.C. Sells 3,000 Shares of Corpay, Inc. $CPAY

Prescott Group Capital Management L.L.C. trimmed its holdings in shares of Corpay, Inc. (NYSE:CPAYFree Report) by 28.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,701 shares of the company’s stock after selling 3,000 shares during the quarter. Prescott Group Capital Management L.L.C.’s holdings in Corpay were worth $2,218,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Integrated Wealth Concepts LLC purchased a new position in shares of Corpay in the 1st quarter valued at $207,000. Woodline Partners LP lifted its stake in shares of Corpay by 39.3% during the 1st quarter. Woodline Partners LP now owns 5,890 shares of the company’s stock worth $2,054,000 after purchasing an additional 1,661 shares during the last quarter. Intech Investment Management LLC boosted its position in Corpay by 30.4% during the first quarter. Intech Investment Management LLC now owns 3,341 shares of the company’s stock valued at $1,165,000 after purchasing an additional 778 shares in the last quarter. Callan Family Office LLC purchased a new position in Corpay in the second quarter valued at about $206,000. Finally, Blue Trust Inc. grew its stake in Corpay by 19.4% in the second quarter. Blue Trust Inc. now owns 246 shares of the company’s stock valued at $82,000 after purchasing an additional 40 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CPAY. Morgan Stanley raised their price target on shares of Corpay from $379.00 to $390.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Cantor Fitzgerald increased their target price on shares of Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a research report on Monday. Jefferies Financial Group reaffirmed a “buy” rating on shares of Corpay in a report on Monday, November 3rd. Scotiabank upgraded Corpay to a “sector outperform” rating in a report on Monday, January 26th. Finally, Williams Trading set a $300.00 price objective on Corpay in a research report on Monday, November 3rd. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $379.79.

Get Our Latest Stock Analysis on Corpay

Corpay Trading Down 7.2%

Shares of Corpay stock opened at $321.56 on Friday. Corpay, Inc. has a 12-month low of $252.84 and a 12-month high of $386.88. The firm’s 50 day simple moving average is $317.68 and its two-hundred day simple moving average is $305.04. The company has a current ratio of 0.98, a quick ratio of 1.13 and a debt-to-equity ratio of 1.70. The firm has a market capitalization of $22.50 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 1.00 and a beta of 0.82.

Corpay (NYSE:CPAYGet Free Report) last released its earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.93 by $0.11. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the prior year, the firm earned $5.36 EPS. The firm’s revenue was up 20.7% on a year-over-year basis. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. Analysts predict that Corpay, Inc. will post 19.76 EPS for the current year.

Insider Transactions at Corpay

In other news, CAO Alissa B. Vickery sold 1,701 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $358.65, for a total value of $610,063.65. Following the completion of the transaction, the chief accounting officer directly owned 2,180 shares in the company, valued at $781,857. This trade represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Steven T. Stull bought 8,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were purchased at an average cost of $314.98 per share, with a total value of $2,519,840.00. Following the acquisition, the director directly owned 29,241 shares of the company’s stock, valued at approximately $9,210,330.18. This trade represents a 37.66% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 5.04% of the stock is currently owned by corporate insiders.

Corpay Company Profile

(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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Institutional Ownership by Quarter for Corpay (NYSE:CPAY)

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