Corpay, Inc $CPAY Shares Bought by Inscription Capital LLC

Key Points

• Inscription Capital increased its Corpay stake by 392.7% in the third quarter, adding 3,676 shares to hold 4,612 shares valued at about $1.66 million.
• Corpay beat quarterly estimates, reporting adjusted EPS of $7.54 versus $7.20 expected and revenue up 17.9% year over year to $1.38 billion. The company also raised its 2026 revenue outlook above analysts’ estimates.
• Analysts’ consensus rating is Moderate Buy, with an average price target of $469; meanwhile, insiders sold about $91.4 million in shares over the past quarter.

Inscription Capital LLC grew its holdings in Corpay, Inc (NYSE:CPAY - Free Report) by 392.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,612 shares of the corporate payments company's stock after purchasing an additional 3,676 shares during the period. Inscription Capital LLC's holdings in Corpay were worth $1,656,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Spruce House Investment Management LLC raised its stake in shares of Corpay by 6.0% during the 1st quarter. Spruce House Investment Management LLC now owns 880,000 shares of the corporate payments company's stock valued at $256,071,000 after purchasing an additional 50,000 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Corpay by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 782,500 shares of the corporate payments company's stock worth $227,695,000 after purchasing an additional 23,646 shares in the last quarter. Hawk Ridge Capital Management LP boosted its stake in Corpay by 20.5% in the 1st quarter. Hawk Ridge Capital Management LP now owns 532,180 shares of the corporate payments company's stock worth $154,859,000 after purchasing an additional 90,360 shares during the period. Bank of America Corp DE boosted its stake in Corpay by 0.6% in the 1st quarter. Bank of America Corp DE now owns 364,102 shares of the corporate payments company's stock worth $105,950,000 after purchasing an additional 2,131 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in Corpay in the 2nd quarter worth about $107,805,000. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Steven T. Stull sold 4,000 shares of the business's stock in a transaction dated 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 transaction, the director owned 23,598 shares in the company, valued at $9,690,754.68. The trade was a 14.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Ronald Clarke sold 119,486 shares of Corpay stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total value of $49,276,026.40. Following 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. Insiders have sold 220,860 shares of company stock worth $91,395,514 over the last quarter. Company insiders own 5.19% of the company's stock.

Wall Street Analysts Forecast Growth

CPAY has been the topic of several analyst reports. Raymond James Financial reiterated an "outperform" rating and set a $442.00 price target on shares of Corpay in a research report on Thursday, August 6th. Oppenheimer increased their price target on shares of Corpay from $454.00 to $461.00 and gave the stock an "outperform" rating in a report on Thursday. Wolfe Research raised their price objective on shares of Corpay from $475.00 to $530.00 and gave the company an "outperform" rating in a research report on Tuesday, August 25th. Robert W. Baird set a $475.00 price objective on shares of Corpay in a research note on Thursday, August 6th. Finally, Morgan Stanley upped their target price on shares of Corpay from $455.00 to $460.00 and gave the stock an "overweight" rating in a report on Wednesday, October 28th. Eleven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $469.00.

Key Headlines Impacting Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Corpay reported Q3 adjusted EPS of $7.54, above the roughly $7.20 consensus, while revenue rose 17.9% year over year to $1.38 billion and also beat estimates. The company cited strength in Corporate Payments. Corpay Q3 earnings beat estimates and revenue increased 18%
• Positive Sentiment: Management raised its 2026 outlook, forecasting revenue of $5.34 billion to $5.36 billion, above the $5.32 billion analyst estimate. Corpay also projected 9%–11% organic revenue growth in 2027 and plans to deploy about $2 billion in free cash flow. Corpay 2027 growth outlook and capital plans
• Positive Sentiment: Analysts raised price targets after the report: JPMorgan lifted its target to $500 and kept an overweight rating; Keefe, Bruyette & Woods raised its target to $525 with an outperform rating; and Scotiabank raised its target to $539 with a sector-outperform rating. JPMorgan analyst recommendations
• Neutral Sentiment: UBS raised its price target to $465 but maintained a neutral rating, signaling a more cautious view than several other analysts. UBS analyst recommendations

Corpay Price Performance

Shares of NYSE CPAY opened at $447.76 on Friday. The firm has a market capitalization of $29.40 billion, a P/E ratio of 24.63, a P/E/G ratio of 1.15 and a beta of 0.94. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.70. The stock's 50-day simple moving average is $404.00 and its two-hundred day simple moving average is $359.49. Corpay, Inc has a twelve month low of $259.05 and a twelve month high of $479.53.

Corpay (NYSE:CPAY - Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The corporate payments company reported $7.54 earnings per share for the quarter, topping the consensus estimate of $7.20 by $0.34. Corpay had a net margin of 23.73% and a return on equity of 45.84%. The company had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.36 billion. During the same period in the prior year, the business earned $5.70 earnings per share. Corpay's revenue for the quarter was up 17.9% compared to the same quarter last year. As a group, equities analysts anticipate that Corpay, Inc will post 25.81 EPS for the current fiscal year.

Corpay Company 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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