VELA Investment Management LLC Purchases New Shares in Corpay, Inc. $CPAY

Key Points

• VELA Investment Management bought a new stake of 4,632 shares in Corpay in Q4 valued at about $1.39 million, and institutional investors now own roughly 98.84% of the stock.
• Corpay's CAO Alissa B. Vickery sold 1,701 shares at an average $358.65 (≈$610,064), reducing her holdings by 43.83%, while corporate insiders hold about 5.19% of the company.
• Corpay beat Q results (EPS $6.04 vs. $5.93 estimate; revenue $1.25B vs. $1.23B), set FY2026 EPS guidance of 25.50–26.50, and carries an average analyst rating of "Moderate Buy" with an average target of $373.92.

VELA Investment Management LLC purchased a new stake in Corpay, Inc. (NYSE:CPAY - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,632 shares of the company's stock, valued at approximately $1,394,000.

Other institutional investors have also added to or reduced their stakes in the company. BOKF NA boosted its stake in Corpay by 4,700.0% in the 3rd quarter. BOKF NA now owns 96 shares of the company's stock valued at $28,000 after purchasing an additional 94 shares during the period. Torren Management LLC bought a new stake in Corpay in the 4th quarter valued at $29,000. Root Financial Partners LLC bought a new stake in Corpay in the 3rd quarter valued at $40,000. Board of the Pension Protection Fund bought a new stake in Corpay in the 4th quarter valued at $48,000. Finally, Advisory Services Network LLC bought a new stake in shares of Corpay during the 3rd quarter valued at $48,000. 98.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CAO Alissa B. Vickery sold 1,701 shares of the firm's stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $358.65, for a total transaction of $610,063.65. Following the completion of the sale, the chief accounting officer owned 2,180 shares of the company's stock, valued at $781,857. This trade represents a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 5.19% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Robert W. Baird decreased their price target on Corpay from $440.00 to $380.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 31st. Raymond James Financial reiterated an "outperform" rating and set a $361.00 price objective on shares of Corpay in a research note on Thursday, March 5th. Cantor Fitzgerald raised their target price on shares of Corpay from $385.00 to $415.00 and gave the company an "overweight" rating in a report on Monday, February 9th. Mizuho upped their price target on shares of Corpay from $320.00 to $340.00 and gave the stock a "neutral" rating in a report on Friday, February 6th. Finally, UBS Group increased their price target on shares of Corpay from $315.00 to $380.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 10th. Eleven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $373.92.

Corpay Price Performance

Corpay stock opened at $307.14 on Friday. The company has a market capitalization of $20.90 billion, a PE ratio of 20.42, a P/E/G ratio of 0.87 and a beta of 0.82. The stock has a 50-day moving average price of $313.01 and a two-hundred day moving average price of $307.46. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.70. Corpay, Inc. has a 12 month low of $252.84 and a 12 month high of $361.99.

Corpay (NYSE:CPAY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, beating the consensus estimate of $5.93 by $0.11. The company had revenue of $1.25 billion during the quarter, compared to analysts' expectations of $1.23 billion. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The business's quarterly revenue was up 20.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.36 earnings per share. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. Analysts expect that Corpay, Inc. will post 24.64 EPS for the current year.

Corpay Profile

Corpay NYSE: CPAY is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.

Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.

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