Corpay, Inc. $CPAY Shares Acquired by Meridian Management Co.

Meridian Management Co. increased its position in Corpay, Inc. (NYSE:CPAY) by 17.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,095 shares of the company’s stock after acquiring an additional 3,287 shares during the period. Corpay makes up 1.6% of Meridian Management Co.’s portfolio, making the stock its 16th biggest position. Meridian Management Co.’s holdings in Corpay were worth $6,649,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of CPAY. Leonteq Securities AG acquired a new stake in shares of Corpay in the 4th quarter worth about $27,000. BOKF NA grew its position 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 buying an additional 94 shares in the last quarter. Torren Management LLC bought a new position in Corpay in the 4th quarter valued at about $29,000. Rothschild Investment LLC grew its position in Corpay by 202.1% in the 4th quarter. Rothschild Investment LLC now owns 145 shares of the company’s stock valued at $44,000 after buying an additional 97 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in Corpay by 35.5% in the 4th quarter. Harbour Investments Inc. now owns 149 shares of the company’s stock valued at $45,000 after buying an additional 39 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Insider Buying and Selling at Corpay

In other news, insider Armando Lins Netto sold 14,089 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $356.05, for a total transaction of $5,016,388.45. Following the completion of the transaction, the insider owned 18,528 shares in the company, valued at approximately $6,596,894.40. This trade represents a 43.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In the last three months, insiders have sold 17,201 shares of company stock worth $6,126,597. Company insiders own 5.19% of the company’s stock.

Corpay Stock Performance

NYSE:CPAY opened at $359.99 on Wednesday. Corpay, Inc. has a twelve month low of $252.84 and a twelve month high of $367.43. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.86. The company has a 50-day moving average of $319.90 and a 200-day moving average of $316.40. The firm has a market cap of $23.53 billion, a price-to-earnings ratio of 21.54, a price-to-earnings-growth ratio of 1.00 and a beta of 0.86.

Corpay (NYSE:CPAY) last posted its quarterly earnings data on Thursday, May 7th. The company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $5.50 by $0.30. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same quarter last year, the firm posted $4.51 EPS. The business’s revenue for the quarter was up 25.4% on a year-over-year basis. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. Analysts forecast that Corpay, Inc. will post 25.49 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Cantor Fitzgerald increased their target price on shares of Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Mizuho increased their target price on shares of Corpay from $320.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Weiss Ratings upgraded shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 27th. Loop Capital assumed coverage on shares of Corpay in a research report on Monday, May 18th. They issued a “buy” rating and a $406.00 target price for the company. Finally, Royal Bank Of Canada increased their target price on shares of Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a research report on Thursday, February 5th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $377.92.

Corpay Company 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.