Prescott Group Capital Management L.L.C. Trims Stock Position in Corpay, Inc. $CPAY

Prescott Group Capital Management L.L.C. cut its holdings in shares of Corpay, Inc. (NYSE:CPAY) by 28.0% in the third quarter, HoldingsChannel reports. The firm owned 7,701 shares of the company’s stock after selling 3,000 shares during the period. Prescott Group Capital Management L.L.C.’s holdings in Corpay were worth $2,218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in CPAY. CVA Family Office LLC raised its stake in shares of Corpay by 56.7% during the 2nd quarter. CVA Family Office LLC now owns 94 shares of the company’s stock valued at $31,000 after buying an additional 34 shares during the last quarter. Root Financial Partners LLC acquired a new stake in Corpay during the third quarter worth about $40,000. Mather Group LLC. purchased a new position in Corpay during the third quarter valued at approximately $49,000. CYBER HORNET ETFs LLC acquired a new position in Corpay in the second quarter valued at approximately $63,000. Finally, Hazlett Burt & Watson Inc. boosted its position in Corpay by 100.0% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 200 shares of the company’s stock worth $58,000 after purchasing an additional 100 shares in the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CAO Alissa B. Vickery sold 1,701 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $358.65, for a total transaction of $610,063.65. Following the completion of the sale, the chief accounting officer directly owned 2,180 shares in the company, valued at approximately $781,857. The trade was a 43.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven T. Stull acquired 8,000 shares of Corpay stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average cost of $314.98 per share, with a total value of $2,519,840.00. Following the completion of the purchase, the director owned 29,241 shares in the company, valued at $9,210,330.18. The trade was a 37.66% increase in their position. The SEC filing for this purchase provides additional information. 5.04% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on CPAY shares. Morgan Stanley raised their price objective on shares of Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Oppenheimer restated an “outperform” rating and set a $378.00 price target on shares of Corpay in a research report on Thursday, February 5th. Cantor Fitzgerald upped their price objective on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research report on Monday. UBS Group raised their target price on Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a research report on Tuesday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Corpay in a research note on Monday, December 29th. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $379.79.

Corpay Stock Performance

CPAY opened at $321.56 on Friday. The firm’s fifty day simple moving average is $317.68 and its two-hundred day simple moving average is $305.04. Corpay, Inc. has a 52-week low of $252.84 and a 52-week high of $386.88. The company has a market cap of $22.50 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 1.00 and a beta of 0.82. The company has a quick ratio of 1.13, a current ratio of 0.98 and a debt-to-equity ratio of 1.70.

Corpay (NYSE:CPAY) last released its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, topping the consensus estimate of $5.93 by $0.11. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The company’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.36 EPS. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. Equities analysts anticipate that Corpay, Inc. will post 19.76 earnings per share 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.