Hussman Strategic Advisors Inc. Buys 4,200 Shares of Corpay, Inc. $CPAY

Hussman Strategic Advisors Inc. lifted its position in Corpay, Inc. (NYSE:CPAYFree Report) by 100.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,400 shares of the company’s stock after acquiring an additional 4,200 shares during the quarter. Hussman Strategic Advisors Inc.’s holdings in Corpay were worth $2,420,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in CPAY. CVA Family Office LLC grew its position in Corpay by 56.7% in the 2nd quarter. CVA Family Office LLC now owns 94 shares of the company’s stock worth $31,000 after purchasing an additional 34 shares in the last quarter. Hazlett Burt & Watson Inc. bought a new position in shares of Corpay during the 2nd quarter worth approximately $33,000. Ameritas Advisory Services LLC purchased a new position in shares of Corpay in the 2nd quarter worth approximately $37,000. Root Financial Partners LLC bought a new position in shares of Corpay in the third quarter valued at approximately $40,000. Finally, Mather Group LLC. purchased a new stake in shares of Corpay during the third quarter valued at approximately $49,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on CPAY. Scotiabank upgraded Corpay to a “sector outperform” rating in a research note on Monday. Williams Trading set a $300.00 price target on shares of Corpay in a report on Monday, November 3rd. UBS Group decreased their price objective on shares of Corpay from $340.00 to $315.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Oppenheimer dropped their target price on shares of Corpay from $380.00 to $369.00 and set an “outperform” rating on the stock in a research note on Monday, January 12th. Finally, Morgan Stanley assumed coverage on shares of Corpay in a research report on Monday. They set an “overweight” rating and a $379.00 target price for the company. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $369.46.

View Our Latest Stock Report on Corpay

Corpay Price Performance

NYSE CPAY opened at $317.95 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.41. The company has a market cap of $22.24 billion, a PE ratio of 21.58, a price-to-earnings-growth ratio of 0.99 and a beta of 0.84. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $400.81. The firm’s 50-day simple moving average is $309.15 and its two-hundred day simple moving average is $305.12.

Corpay (NYSE:CPAYGet Free Report) last posted its earnings results on Wednesday, November 5th. The company reported $5.70 earnings per share for the quarter, topping the consensus estimate of $5.63 by $0.07. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. Corpay had a net margin of 24.37% and a return on equity of 37.83%. The company’s revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the company earned $5.00 earnings per share. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. Research analysts predict that Corpay, Inc. will post 19.76 earnings per share for the current year.

Insider Activity

In related news, Director Steven T. Stull bought 8,000 shares of the company’s stock in a transaction on Friday, December 12th. The shares were purchased at an average price of $314.98 per share, for a total transaction of $2,519,840.00. Following the completion of the transaction, the director directly owned 29,241 shares in the company, valued at approximately $9,210,330.18. The trade was a 37.66% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 5.04% of the stock is currently owned by corporate insiders.

About Corpay

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Corpay (NYSE:CPAY)

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