22,423 Shares in Corpay, Inc $CPAY Acquired by Nykredit A S

Key Points

• Nykredit A S acquired 22,423 Corpay shares during the second quarter, valued at approximately $7.47 million. Institutional investors collectively own 98.84% of Corpay’s outstanding stock.
• Corpay reported stronger-than-expected quarterly results, with EPS of $7.00 versus the $6.58 consensus estimate and revenue of $1.34 billion, up 21.5% year over year.
• Analyst sentiment remains favorable, with 12 Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $438.93. Meanwhile, insiders sold 220,860 shares worth about $91.4 million over the past three months.

Nykredit A S bought a new position in Corpay, Inc (NYSE:CPAY - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 22,423 shares of the corporate payments company's stock, valued at approximately $7,473,000.

Other institutional investors have also recently modified their holdings of the company. VELA Investment Management LLC lifted its holdings in shares of Corpay by 0.5% during the second quarter. VELA Investment Management LLC now owns 5,368 shares of the corporate payments company's stock valued at $1,789,000 after purchasing an additional 25 shares in the last quarter. Paralel Advisors LLC increased its holdings in Corpay by 3.5% in the 2nd quarter. Paralel Advisors LLC now owns 7,939 shares of the corporate payments company's stock worth $2,646,000 after buying an additional 268 shares in the last quarter. Wedmont Private Capital increased its holdings in Corpay by 10.4% in the 2nd quarter. Wedmont Private Capital now owns 1,289 shares of the corporate payments company's stock worth $456,000 after buying an additional 121 shares in the last quarter. HB Wealth Management LLC raised its position in Corpay by 20.5% in the 2nd quarter. HB Wealth Management LLC now owns 2,378 shares of the corporate payments company's stock worth $793,000 after buying an additional 405 shares during the last quarter. Finally, Saudi Central Bank raised its position in Corpay by 2.5% in the 2nd quarter. Saudi Central Bank now owns 80,332 shares of the corporate payments company's stock worth $29,242,000 after buying an additional 1,945 shares during the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Steven T. Stull sold 4,000 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $410.66, for a total transaction of $1,642,640.00. Following the completion of the transaction, the director owned 23,598 shares in the company, valued at approximately $9,690,754.68. This represents a 14.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ronald Clarke sold 119,486 shares of Corpay 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 transaction, the chief executive officer directly owned 2,354,330 shares of the company's stock, valued at $970,925,692. The trade was a 4.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 220,860 shares of company stock valued at $91,395,514. Corporate insiders own 5.19% of the company's stock.

Corpay Trading Down 0.0%

Shares of NYSE:CPAY opened at $397.64 on Tuesday. 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 $26.11 billion, a P/E ratio of 24.20, a P/E/G ratio of 1.09 and a beta of 0.87. The stock's 50-day moving average is $397.64 and its 200-day moving average is $357.59. Corpay, Inc has a 52-week low of $252.84 and a 52-week high of $427.46.

Corpay (NYSE:CPAY - Get Free Report) last announced its quarterly earnings data 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 net margin of 22.72% and a return on equity of 42.18%. The firm had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $1.30 billion. The business's revenue for the quarter was up 21.5% on a year-over-year basis. During the same period last year, the firm earned $5.13 earnings per share. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. Equities research analysts predict that Corpay, Inc will post 25.75 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CPAY has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their price target on Corpay from $400.00 to $470.00 and gave the stock an "overweight" rating in a report on Thursday, August 6th. Cantor Fitzgerald increased their price objective on Corpay from $415.00 to $480.00 and gave the company an "overweight" rating in a report on Monday, August 10th. Weiss Ratings restated a "buy (b-)" rating on shares of Corpay in a research note on Friday, July 24th. 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 research report on Tuesday, August 25th. Finally, Morgan Stanley set a $455.00 price target on Corpay in a report on Friday, August 7th. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $438.93.

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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