Inspire Investing LLC raised its position in Corpay, Inc (NYSE:CPAY – Free Report) by 176.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,621 shares of the corporate payments company’s stock after acquiring an additional 8,693 shares during the quarter. Inspire Investing LLC’s holdings in Corpay were worth $5,293,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Axiom Investment Management LLC purchased a new stake in shares of Corpay during the first quarter valued at approximately $27,000. Burkett Financial Services LLC acquired a new position in shares of Corpay during the third quarter worth $30,000. Strive Financial Group LLC purchased a new position in shares of Corpay in the second quarter valued at $35,000. Western Wealth Management LLC purchased a new position in shares of Corpay in the first quarter valued at $36,000. Finally, SJS Investment Consulting Inc. boosted its stake in shares of Corpay by 150.0% in the first quarter. SJS Investment Consulting Inc. now owns 140 shares of the corporate payments company’s stock valued at $41,000 after purchasing an additional 84 shares during the period. Institutional investors and hedge funds own 98.84% of the company’s stock.
Corpay Trading Down 1.5%
CPAY opened at $408.95 on Friday. The stock has a market capitalization of $26.85 billion, a PE ratio of 24.89, a P/E/G ratio of 1.14 and a beta of 0.89. The firm’s fifty day moving average price is $404.60 and its 200 day moving average price is $371.95. 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 12-month low of $252.84 and a 12-month high of $427.46.
Corpay (NYSE:CPAY – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, beating analysts’ consensus estimates of $6.58 by $0.42. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The firm’s revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $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, research analysts expect that Corpay, Inc will post 25.79 EPS for the current fiscal year.
Insider Activity
In other news, CEO Ronald Clarke sold 119,486 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total value of $49,276,026.40. Following the sale, the chief executive officer owned 2,354,330 shares in the company, valued at approximately $970,925,692. This represents a 4.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Steven Stull sold 2,357 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $413.62, for a total transaction of $974,902.34. Following the completion of the sale, the director owned 21,241 shares in the company, valued at approximately $8,785,702.42. This trade represents a 9.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 220,860 shares of company stock valued at $91,395,514 in the last three months. Insiders own 5.19% of the company’s stock.
Wall Street Analysts Forecast Growth
CPAY has been the subject of a number of recent analyst reports. Wall Street Zen lowered shares of Corpay from a “buy” rating to a “hold” rating in a report on Saturday. Morgan Stanley set a $455.00 price objective on shares of Corpay in a report on Friday, August 7th. Raymond James Financial reissued an “outperform” rating and issued a $442.00 price objective on shares of Corpay in a research report on Thursday, August 6th. Wolfe Research raised their target price on Corpay from $475.00 to $530.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Finally, Keefe, Bruyette & Woods raised their target price on Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Corpay has an average rating of “Moderate Buy” and a consensus target price of $438.93.
Read Our Latest Stock Report on Corpay
Corpay 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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