21,260 Corpay, Inc $CPAY Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC increased its holdings in shares of Corpay, Inc (NYSE:CPAY – Free Report) by 336.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,587 shares of the corporate payments company’s stock after purchasing an additional 21,260 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Corpay were worth $9,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of CPAY. Axiom Investment Management LLC bought a new stake in Corpay in the 1st quarter worth about $27,000. Burkett Financial Services LLC purchased a new position in Corpay in the 3rd quarter worth about $30,000. Strive Financial Group LLC bought a new position in Corpay during the 2nd quarter valued at about $35,000. Western Wealth Management LLC bought a new position in Corpay during the 1st quarter valued at about $36,000. Finally, SJS Investment Consulting Inc. lifted its stake in Corpay by 150.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 140 shares of the corporate payments company’s stock valued at $41,000 after acquiring an additional 84 shares during the period. 98.84% of the stock is owned by hedge funds and other institutional investors.

Corpay Stock Up 1.9%

CPAY stock opened at $415.17 on Friday. Corpay, Inc has a fifty-two week low of $252.84 and a fifty-two week high of $427.46. The business’s 50-day moving average is $404.78 and its two-hundred day moving average is $371.28. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market cap of $27.26 billion, a price-to-earnings ratio of 25.27, a P/E/G ratio of 1.12 and a beta of 0.89.

Corpay (NYSE:CPAY – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.58 by $0.42. Corpay had a return on equity of 42.18% and a net margin of 22.72%. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the previous year, the company posted $5.13 EPS. The business’s quarterly revenue was up 21.5% compared to the same quarter last year. 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, analysts forecast that Corpay, Inc will post 25.79 earnings per share for the current year.

Insider Buying and Selling

In other Corpay news, CEO Ronald Clarke sold 119,486 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 2,354,330 shares in the company, valued at approximately $970,925,692. This trade represents a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven Stull sold 2,357 shares of the firm’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $413.62, for a total value of $974,902.34. Following the completion of the transaction, the director directly owned 21,241 shares in the company, valued at approximately $8,785,702.42. This represents a 9.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 220,860 shares of company stock valued at $91,395,514. 5.19% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CPAY has been the subject of a number of research analyst reports. Weiss Ratings upgraded shares of Corpay from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Keefe, Bruyette & Woods boosted their price objective on shares of Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. UBS Group increased their price objective on shares of Corpay from $385.00 to $415.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. JPMorgan Chase & Co. raised their target price on shares of Corpay from $400.00 to $470.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Finally, Wolfe Research lifted their target price on shares of Corpay from $475.00 to $530.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $438.93.

Get Our Latest Stock Report on Corpay

About Corpay

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Corpay (NYSE:CPAY)

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