Birch Capital Management LLC Sells 2,290 Shares of Corpay, Inc $CPAY

Birch Capital Management LLC trimmed its holdings in shares of Corpay, Inc (NYSE:CPAY) by 34.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,434 shares of the corporate payments company’s stock after selling 2,290 shares during the period. Birch Capital Management LLC’s holdings in Corpay were worth $1,478,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. MV Capital Management Inc. bought a new stake in shares of Corpay in the 4th quarter valued at $25,000. Leonteq Securities AG bought a new position in Corpay during the fourth quarter worth $27,000. Axiom Investment Management LLC acquired a new stake in Corpay in the first quarter worth $27,000. BOKF NA grew its holdings in Corpay by 4,700.0% in the third quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock worth $28,000 after purchasing an additional 94 shares during the period. Finally, DV Equities LLC bought a new stake in Corpay in the fourth quarter valued at $30,000. 98.84% of the stock is currently owned by institutional investors.

Corpay Trading Up 0.1%

NYSE:CPAY opened at $404.84 on Wednesday. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97. Corpay, Inc has a one year low of $252.84 and a one year high of $425.95. The company has a market cap of $26.58 billion, a PE ratio of 24.64, a PEG ratio of 1.11 and a beta of 0.87. The firm has a 50-day moving average of $382.38 and a 200-day moving average of $347.31.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, beating the consensus estimate of $6.58 by $0.42. The business had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The firm’s revenue for the quarter was up 21.5% compared to the same quarter last year. During the same quarter last year, the firm earned $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. As a group, equities research analysts expect that Corpay, Inc will post 25.75 EPS for the current fiscal year.

Insider Activity

In other news, CEO Ronald Clarke sold 119,486 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total value of $49,276,026.40. Following the transaction, the chief executive officer owned 2,354,330 shares in the company, valued at $970,925,692. This trade represents a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Armando Lins Netto sold 70,476 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $352.13, for a total value of $24,816,713.88. Following the sale, the insider owned 11,274 shares of the company’s stock, valued at $3,969,913.62. This trade represents a 86.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 291,336 shares of company stock worth $116,212,228 over the last 90 days. 5.19% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Corpay in a report on Friday, July 24th. Wall Street Zen upgraded Corpay from a “hold” rating to a “buy” rating in a research note on Saturday. JPMorgan Chase & Co. boosted their target price on Corpay from $400.00 to $470.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Royal Bank Of Canada increased their price target on Corpay from $423.00 to $438.00 and gave the stock a “sector perform” rating in a report on Monday. Finally, Oppenheimer reissued an “outperform” rating and issued a $388.00 price objective on shares of Corpay in a research note on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Corpay currently has an average rating of “Moderate Buy” and an average price target of $431.46.

Corpay Profile

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.