Azzad Asset Management Inc. ADV Sells 5,477 Shares of Corpay, Inc. $CPAY

Azzad Asset Management Inc. ADV reduced its stake in Corpay, Inc. (NYSE:CPAY) by 73.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,000 shares of the company’s stock after selling 5,477 shares during the period. Azzad Asset Management Inc. ADV’s holdings in Corpay were worth $602,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CPAY. BOKF NA increased its stake in Corpay by 4,700.0% in the third quarter. BOKF NA now owns 96 shares of the company’s stock valued at $28,000 after purchasing an additional 94 shares in the last quarter. Root Financial Partners LLC bought a new stake in Corpay in the third quarter valued at $40,000. Board of the Pension Protection Fund bought a new stake in Corpay in the fourth quarter valued at $48,000. Advisory Services Network LLC bought a new stake in Corpay in the third quarter valued at $48,000. Finally, Mather Group LLC. bought a new stake in Corpay in the third quarter valued at $49,000. 98.84% of the stock is owned by institutional investors.

Insider Activity

In other news, CAO Alissa B. Vickery sold 1,701 shares of Corpay stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total transaction of $610,063.65. Following the completion of the transaction, the chief accounting officer directly owned 2,180 shares in the company, valued at $781,857. This trade represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.04% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CPAY has been the subject of several research analyst reports. Scotiabank raised shares of Corpay to a “sector outperform” rating in a research note on Monday, January 26th. Wall Street Zen raised shares of Corpay from a “hold” rating to a “buy” rating in a research note on Monday, March 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Corpay in a research note on Monday, December 29th. Robert W. Baird decreased their price target on shares of Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday, March 31st. Finally, Raymond James Financial reiterated an “outperform” rating and set a $361.00 price objective on shares of Corpay in a report on Thursday, March 5th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $373.29.

Corpay Stock Up 2.6%

Shares of NYSE CPAY opened at $303.95 on Thursday. The stock has a market capitalization of $21.26 billion, a P/E ratio of 20.21, a P/E/G ratio of 0.85 and a beta of 0.85. The company has a 50-day moving average price of $317.38 and a 200-day moving average price of $304.36. Corpay, Inc. has a 1 year low of $252.84 and a 1 year high of $361.99. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.98 and a quick ratio of 0.98.

Corpay (NYSE:CPAY) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.93 by $0.11. The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The business’s revenue was up 20.7% on a year-over-year basis. During the same period last year, the company earned $5.36 earnings per share. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. On average, equities research analysts forecast that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

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.