Corpay, Inc $CPAY Position Increased by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. boosted its holdings in shares of Corpay, Inc (NYSE:CPAY) by 15.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,030 shares of the corporate payments company’s stock after acquiring an additional 2,040 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Corpay were worth $4,374,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. OLD National Bancorp IN bought a new position in shares of Corpay during the 1st quarter worth about $221,000. Louisiana State Employees Retirement System acquired a new position in Corpay during the first quarter valued at approximately $1,048,000. OP Asset Management Ltd acquired a new position in shares of Corpay in the first quarter valued at approximately $2,016,000. CENTRAL TRUST Co lifted its position in shares of Corpay by 194.8% in the first quarter. CENTRAL TRUST Co now owns 227 shares of the corporate payments company’s stock worth $66,000 after purchasing an additional 150 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in shares of Corpay by 211.2% in the 1st quarter. SG Americas Securities LLC now owns 75,549 shares of the corporate payments company’s stock valued at $21,984,000 after acquiring an additional 51,273 shares during the period. Institutional investors own 98.84% of the company’s stock.

Insider Buying and Selling

In other Corpay news, Director Steven T. Stull sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $360.78, for a total value of $360,780.00. Following the completion of the sale, the director owned 28,241 shares in the company, valued at approximately $10,188,787.98. The trade was a 3.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Armando Lins Netto sold 70,476 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $352.13, for a total value of $24,816,713.88. Following the sale, the insider directly owned 11,274 shares of the company’s stock, valued at approximately $3,969,913.62. This trade represents a 86.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 88,677 shares of company stock worth $31,304,091 over the last ninety days. Insiders own 5.19% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on CPAY. Weiss Ratings raised Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. Raymond James Financial reissued an “outperform” rating and issued a $361.00 price target on shares of Corpay in a research report on Thursday, March 5th. Wolfe Research reaffirmed an “outperform” rating and issued a $450.00 target price on shares of Corpay in a report on Wednesday, June 3rd. Loop Capital started coverage on Corpay in a research note on Monday, May 18th. They issued a “buy” rating and a $406.00 target price on the stock. Finally, Oppenheimer restated an “outperform” rating and set a $388.00 price target on shares of Corpay in a research report on Friday, May 8th. Thirteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Corpay has an average rating of “Moderate Buy” and an average target price of $383.07.

Corpay Stock Performance

NYSE:CPAY opened at $332.65 on Friday. The business has a 50 day moving average of $339.67 and a 200 day moving average of $325.18. The company has a market capitalization of $21.74 billion, a price-to-earnings ratio of 19.91, a PEG ratio of 0.89 and a beta of 0.86. Corpay, Inc has a 1-year low of $252.84 and a 1-year high of $367.43. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.98 and a quick ratio of 0.98.

Corpay (NYSE:CPAY) last issued its earnings results on Thursday, May 14th. The corporate payments company reported ($0.01) earnings per share (EPS) for the quarter. Corpay had a return on equity of 38.68% and a net margin of 24.60%.The firm had revenue of $5.63 million during the quarter. On average, sell-side analysts predict that Corpay, Inc will post 25.49 earnings per share for the current fiscal year.

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.