Corpay, Inc $CPAY Shares Acquired by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. lifted its holdings in shares of Corpay, Inc (NYSE:CPAY) by 15.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,030 shares of the corporate payments company’s stock after acquiring an additional 2,040 shares during the period. GHP Investment Advisors Inc.’s holdings in Corpay were worth $4,374,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. MV Capital Management Inc. purchased a new position in Corpay during the 4th quarter worth $25,000. Leonteq Securities AG acquired a new stake in Corpay during the 4th quarter worth approximately $27,000. BOKF NA lifted its position in Corpay by 4,700.0% during the 3rd quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock worth $28,000 after acquiring an additional 94 shares during the period. Torren Management LLC purchased a new position in shares of Corpay in the 4th quarter valued at approximately $29,000. Finally, DV Equities LLC purchased a new position in shares of Corpay in the 4th quarter valued at approximately $30,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CPAY. Raymond James Financial reiterated an “outperform” rating and issued a $361.00 price objective on shares of Corpay in a research report on Thursday, March 5th. Robert W. Baird lowered their target price on shares of Corpay from $440.00 to $380.00 and set an “outperform” rating on the stock in a report on Tuesday, March 31st. Loop Capital assumed coverage on shares of Corpay in a research note on Monday, May 18th. They set a “buy” rating and a $406.00 price target on the stock. Oppenheimer reissued an “outperform” rating and set a $388.00 price target on shares of Corpay in a report on Friday, May 8th. Finally, Wolfe Research restated an “outperform” rating and issued a $450.00 price objective on shares of Corpay in a research report on Wednesday, June 3rd. Thirteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Corpay has an average rating of “Moderate Buy” and a consensus price target of $383.07.

Corpay Stock Performance

NYSE:CPAY opened at $332.65 on Friday. The firm’s fifty day simple moving average is $339.67 and its 200-day simple moving average is $325.18. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.86. The stock has a market cap of $21.74 billion, a PE ratio of 19.91, a price-to-earnings-growth ratio of 0.89 and a beta of 0.86. Corpay, Inc has a fifty-two week low of $252.84 and a fifty-two week high of $367.43.

Corpay (NYSE:CPAY) last announced its quarterly earnings data on Thursday, May 14th. The corporate payments company reported ($0.01) EPS for the quarter. The company had revenue of $5.63 million during the quarter. Corpay had a net margin of 24.60% and a return on equity of 38.68%. Analysts expect that Corpay, Inc will post 25.49 earnings per share for the current fiscal year.

Insider Transactions at Corpay

In other news, insider Armando Lins Netto sold 70,476 shares of Corpay stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $352.13, for a total transaction of $24,816,713.88. Following the completion of the sale, the insider directly owned 11,274 shares in the company, valued at approximately $3,969,913.62. This trade represents a 86.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven T. Stull sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $360.78, for a total value of $360,780.00. Following the sale, the director directly owned 28,241 shares in the company, valued at $10,188,787.98. This trade represents a 3.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 88,677 shares of company stock valued at $31,304,091. 5.19% of the stock is currently owned by corporate insiders.

About Corpay

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.