Nisa Investment Advisors LLC increased its position in Corpay, Inc (NYSE:CPAY – Free Report) by 336.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,587 shares of the corporate payments company’s stock after purchasing an additional 21,260 shares during the period. Nisa Investment Advisors LLC’s holdings in Corpay were worth $9,931,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in CPAY. Burkett Financial Services LLC purchased a new position in Corpay during the third quarter valued at $30,000. Axiom Investment Management LLC bought a new stake in shares of Corpay during the 1st quarter valued at $27,000. Strive Financial Group LLC purchased a new stake in shares of Corpay in the 2nd quarter worth about $35,000. Western Wealth Management LLC purchased a new stake in shares of Corpay in the 1st quarter worth about $36,000. Finally, SJS Investment Consulting Inc. grew its position in shares of Corpay by 150.0% in the 1st quarter. SJS Investment Consulting Inc. now owns 140 shares of the corporate payments company’s stock worth $41,000 after buying an additional 84 shares during the period. Institutional investors own 98.84% of the company’s stock.
Insider Transactions at Corpay
In other Corpay news, Director Steven Stull sold 2,357 shares of Corpay stock in a transaction dated Thursday, August 20th. The shares were 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 of the company’s stock, valued at approximately $8,785,702.42. The trade was a 9.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ronald Clarke sold 119,486 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the completion of the transaction, 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 disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 220,860 shares of company stock valued at $91,395,514. 5.19% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Corpay from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Scotiabank started coverage on shares of Corpay in a research note on Wednesday, September 2nd. They set an “outperform” rating and a $536.00 price objective on the stock. Wall Street Zen upgraded shares of Corpay from a “hold” rating to a “buy” rating in a report on Sunday, September 6th. Wolfe Research upped their price objective on shares of Corpay from $475.00 to $530.00 and gave the stock an “outperform” rating in a report on Tuesday, August 25th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $442.00 target price on shares of Corpay 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. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $438.93.
View Our Latest Stock Analysis on Corpay
Corpay Trading Up 1.9%
Corpay stock opened at $415.17 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.70. The business’s fifty day simple moving average is $404.78 and its two-hundred day simple moving average is $371.28. Corpay, Inc has a 12 month low of $252.84 and a 12 month high of $427.46. The company has a market capitalization of $27.26 billion, a price-to-earnings ratio of 25.27, a price-to-earnings-growth ratio of 1.12 and a beta of 0.89.
Corpay (NYSE:CPAY – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.58 by $0.42. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.30 billion. Corpay had a return on equity of 42.18% and a net margin of 22.72%. Corpay’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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, equities analysts predict that Corpay, Inc will post 25.79 earnings per share for the current fiscal year.
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.
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