Occam Crest Management LP Makes New Investment in Corpay, Inc. $CPAY

Occam Crest Management LP purchased a new position in shares of Corpay, Inc. (NYSE:CPAY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,500 shares of the company’s stock, valued at approximately $752,000. Corpay comprises 0.5% of Occam Crest Management LP’s holdings, making the stock its 25th biggest holding.

A number of other institutional investors also recently made changes to their positions in the company. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its stake in shares of Corpay by 78.6% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 125 shares of the company’s stock valued at $38,000 after buying an additional 55 shares during the period. USS Investment Management Ltd increased its holdings in shares of Corpay by 1.6% during the fourth quarter. USS Investment Management Ltd now owns 12,540 shares of the company’s stock worth $3,775,000 after buying an additional 192 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in Corpay by 25.7% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 8,182 shares of the company’s stock valued at $2,462,000 after purchasing an additional 1,672 shares during the period. Verition Fund Management LLC increased its holdings in Corpay by 17.6% in the fourth quarter. Verition Fund Management LLC now owns 7,074 shares of the company’s stock valued at $2,129,000 after purchasing an additional 1,058 shares during the period. Finally, MML Investors Services LLC grew its holdings in Corpay by 24.0% during the 4th quarter. MML Investors Services LLC now owns 6,231 shares of the company’s stock worth $1,875,000 after acquiring an additional 1,204 shares during the period. Institutional investors own 98.84% of the company’s stock.

Insider Activity

In other Corpay news, insider Armando Lins Netto sold 2,694 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $357.01, for a total transaction of $961,784.94. Following the completion of the sale, the insider directly owned 15,834 shares in the company, valued at $5,652,896.34. This represents a 14.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Steven T. Stull sold 1,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total transaction of $360,780.00. Following the transaction, the director directly owned 28,241 shares of the company’s stock, valued at approximately $10,188,787.98. This trade represents a 3.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 18,201 shares of company stock valued at $6,487,377. Company insiders own 5.19% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CPAY shares. Wall Street Zen raised shares of Corpay from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. Weiss Ratings raised Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, April 27th. Morgan Stanley reissued an “overweight” rating and set a $400.00 target price on shares of Corpay in a research report on Sunday, May 10th. Raymond James Financial reaffirmed an “outperform” rating and issued a $361.00 price target on shares of Corpay in a report on Thursday, March 5th. Finally, Oppenheimer reaffirmed 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 issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $383.07.

Corpay Stock Down 0.9%

Shares of NYSE:CPAY opened at $352.76 on Tuesday. Corpay, Inc. has a 52-week low of $252.84 and a 52-week high of $367.43. The firm has a fifty day moving average of $332.39 and a 200 day moving average of $321.48. The firm has a market capitalization of $23.06 billion, a PE ratio of 21.11, a price-to-earnings-growth ratio of 0.97 and a beta of 0.86. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.98 and a current ratio of 0.98.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Thursday, May 7th. The company reported $5.80 earnings per share (EPS) 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 business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the business posted $4.51 earnings per share. The company’s revenue 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. As a group, research analysts anticipate that Corpay, Inc. will post 25.49 EPS for the current fiscal year.

About Corpay

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.