Rep. April McClain Delaney Buys Corpay, Inc. (NYSE:CPAY) Shares

Representative April McClain Delaney (D-Maryland) recently bought shares of Corpay, Inc. (NYSE:CPAY). In a filing disclosed on April 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Corpay stock on March 13th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Westinghouse Air Brake Technologies (NYSE:WAB) on 3/25/2025.
• Sold $1,001 – $15,000 in shares of Toro (NYSE:TTC) on 3/20/2025.
• Sold $15,001 – $50,000 in shares of Dayforce (NYSE:DAY) on 3/18/2025.
• Purchased $1,001 – $15,000 in shares of BJ’s Wholesale Club (NYSE:BJ) on 3/17/2025.
• Purchased $1,001 – $15,000 in shares of IDEXX Laboratories (NASDAQ:IDXX) on 3/14/2025.
• Purchased $1,001 – $15,000 in shares of Jones Lang LaSalle (NYSE:JLL) on 3/14/2025.
• Purchased $1,001 – $15,000 in shares of BJ’s Wholesale Club (NYSE:BJ) on 3/14/2025.
• Purchased $1,001 – $15,000 in shares of Jones Lang LaSalle (NYSE:JLL) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 3/10/2025.
• Purchased $15,001 – $50,000 in shares of Markel Group (NYSE:MKL) on 3/7/2025.

Corpay Trading Down 11.5 %

NYSE:CPAY opened at $317.30 on Friday. Corpay, Inc. has a 52 week low of $247.10 and a 52 week high of $400.81. The firm’s fifty day moving average is $361.34 and its 200-day moving average is $352.59. The firm has a market cap of $22.29 billion, a P/E ratio of 22.70, a P/E/G ratio of 1.32 and a beta of 1.11. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.05 and a current ratio of 1.00.

Corpay (NYSE:CPAY) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $4.96 earnings per share for the quarter, missing analysts’ consensus estimates of $5.37 by ($0.41). Corpay had a return on equity of 41.46% and a net margin of 25.25%. Equities analysts expect that Corpay, Inc. will post 19.76 earnings per share for the current year.

Insider Activity

In related news, Director Richard Macchia sold 2,427 shares of Corpay stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $375.23, for a total value of $910,683.21. Following the completion of the sale, the director now owns 12,215 shares of the company’s stock, valued at approximately $4,583,434.45. This trade represents a 16.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 6.10% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on CPAY shares. Morgan Stanley boosted their price target on Corpay from $350.00 to $380.00 and gave the company an “equal weight” rating in a research note on Thursday, February 6th. Royal Bank of Canada increased their target price on shares of Corpay from $354.00 to $400.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 6th. BMO Capital Markets lifted their price target on shares of Corpay from $400.00 to $440.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. Citigroup assumed coverage on shares of Corpay in a research report on Tuesday, January 14th. They set a “buy” rating and a $430.00 price objective on the stock. Finally, Keefe, Bruyette & Woods boosted their target price on Corpay from $415.00 to $445.00 and gave the company an “outperform” rating in a research report on Thursday, February 6th. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $399.71.

Institutional Trading of Corpay

Hedge funds have recently bought and sold shares of the business. Avion Wealth increased its position in shares of Corpay by 1,011.1% during the 4th quarter. Avion Wealth now owns 100 shares of the company’s stock valued at $33,000 after purchasing an additional 91 shares during the last quarter. Colonial Trust Co SC grew its position in Corpay by 120.5% during the fourth quarter. Colonial Trust Co SC now owns 97 shares of the company’s stock valued at $33,000 after buying an additional 53 shares during the period. Versant Capital Management Inc increased its holdings in Corpay by 130.4% during the fourth quarter. Versant Capital Management Inc now owns 106 shares of the company’s stock worth $36,000 after buying an additional 60 shares during the last quarter. Quarry LP bought a new stake in Corpay in the third quarter worth about $42,000. Finally, Spire Wealth Management purchased a new position in Corpay in the fourth quarter valued at about $42,000. 98.84% of the stock is currently owned by institutional investors.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

Corpay Company Profile

Corpay, Inc operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.