Sigma Planning Corp Purchases 2,001 Shares of Corpay, Inc $CPAY

Sigma Planning Corp raised its position in shares of Corpay, Inc (NYSE:CPAY – Free Report) by 96.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,066 shares of the corporate payments company’s stock after buying an additional 2,001 shares during the period. Sigma Planning Corp’s holdings in Corpay were worth $1,580,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Valley National Advisers Inc. lifted its stake in Corpay by 40,105.9% during the 3rd quarter. Valley National Advisers Inc. now owns 6,835 shares of the corporate payments company’s stock worth $2,428,000 after acquiring an additional 6,818 shares in the last quarter. Radnor Capital Management LLC increased its stake in Corpay by 14.9% during the third quarter. Radnor Capital Management LLC now owns 11,355 shares of the corporate payments company’s stock worth $4,362,000 after purchasing an additional 1,470 shares during the period. Signaturefd LLC lifted its position in shares of Corpay by 172.9% during the third quarter. Signaturefd LLC now owns 1,542 shares of the corporate payments company’s stock worth $569,000 after purchasing an additional 977 shares in the last quarter. Citizens Financial Group Inc. RI lifted its position in shares of Corpay by 1,373.1% during the third quarter. Citizens Financial Group Inc. RI now owns 15,350 shares of the corporate payments company’s stock worth $5,521,000 after purchasing an additional 14,308 shares in the last quarter. Finally, Sowell Financial Services LLC acquired a new stake in shares of Corpay during the third quarter worth about $373,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. UBS Group raised their price objective on shares of Corpay from $385.00 to $415.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. JPMorgan Chase & Co. upped their target price on shares of Corpay from $400.00 to $470.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Raymond James Financial reiterated an “outperform” rating and set a $442.00 target price on shares of Corpay in a report on Thursday, August 6th. Robert W. Baird set a $475.00 price target on shares of Corpay in a research report on Thursday, August 6th. Finally, Weiss Ratings raised shares of Corpay from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $439.29.

View Our Latest Research Report on CPAY

Insider Transactions at Corpay

In other news, CEO Ronald Clarke sold 119,486 shares of the company’s stock in a transaction dated 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 directly owned 2,354,330 shares of the company’s stock, valued at approximately $970,925,692. This represents a 4.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven T. Stull sold 2,357 shares of the 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 owned 21,241 shares in the company, valued at approximately $8,785,702.42. The trade was a 9.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 220,860 shares of company stock valued at $91,395,514 over the last ninety days. 5.19% of the stock is owned by company insiders.

Corpay Price Performance

Shares of CPAY opened at $395.80 on Thursday. Corpay, Inc has a twelve month low of $252.84 and a twelve month high of $427.46. The firm’s fifty day simple moving average is $403.83 and its 200-day simple moving average is $357.04. The firm has a market capitalization of $25.99 billion, a price-to-earnings ratio of 24.09, a PEG ratio of 1.12 and a beta of 0.89. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.70.

Corpay (NYSE:CPAY – Get Free Report) last released its quarterly earnings data 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 business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The company’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same period in the previous year, the company 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. Equities analysts forecast that Corpay, Inc will post 25.79 EPS for the current fiscal year.

Corpay Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Corpay (NYSE:CPAY)

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