Representative April McClain Delaney (D-Maryland) recently bought shares of Corpay, Inc. NYSE: CPAY. In a filing disclosed on March 20th, the Representative disclosed that they had bought between $1,001 and $15,000 in Corpay stock on February 22nd.
Representative April McClain Delaney also recently made the following trade(s):
- Sold $15,001 - $50,000 in shares of Revvity NYSE: RVTY on 2/28/2025.
- Purchased $1,001 - $15,000 in shares of Laboratory Co. of America NYSE: LH on 2/28/2025.
- Purchased $15,001 - $50,000 in shares of Corpay NYSE: CPAY on 2/28/2025.
- Sold $1,001 - $15,000 in shares of Tempur Sealy International NYSE: TPX on 2/28/2025.
- Purchased $1,001 - $15,000 in shares of CACI International NYSE: CACI on 2/27/2025.
- Purchased $1,001 - $15,000 in shares of Laboratory Co. of America NYSE: LH on 2/27/2025.
- Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 2/27/2025.
- Sold $15,001 - $50,000 in shares of Teledyne Technologies NYSE: TDY on 2/22/2025.
- Sold $1,001 - $15,000 in shares of Tempur Sealy International NYSE: TPX on 2/22/2025.
- Sold $1,001 - $15,000 in shares of CACI International NYSE: CACI on 2/22/2025.
Corpay Stock Up 0.2 %
Shares of CPAY stock traded up $0.74 during trading hours on Tuesday, hitting $358.69. 300,512 shares of the company's stock traded hands, compared to its average volume of 459,536. The company has a quick ratio of 1.05, a current ratio of 1.00 and a debt-to-equity ratio of 1.66. The stock has a market cap of $25.20 billion, a price-to-earnings ratio of 25.66, a PEG ratio of 1.32 and a beta of 1.25. The stock's fifty day simple moving average is $364.61 and its two-hundred day simple moving average is $350.82. Corpay, Inc. has a 12-month low of $247.10 and a 12-month high of $400.81.
Corpay (NYSE:CPAY - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported $4.96 EPS for the quarter, missing the consensus estimate of $5.37 by ($0.41). Corpay had a return on equity of 41.46% and a net margin of 25.25%. On average, analysts expect that Corpay, Inc. will post 19.76 EPS for the current year.
Wall Street Analyst Weigh In
Several analysts recently commented on the stock. Morgan Stanley increased their price objective on shares of Corpay from $350.00 to $380.00 and gave the company an "equal weight" rating in a research report on Thursday, February 6th. Wells Fargo & Company increased their price target on shares of Corpay from $340.00 to $375.00 and gave the company an "equal weight" rating in a report on Thursday, January 16th. Raymond James decreased their price objective on shares of Corpay from $434.00 to $417.00 and set an "outperform" rating for the company in a report on Thursday, February 6th. Royal Bank of Canada upped their price objective on Corpay from $354.00 to $400.00 and gave the company a "sector perform" rating in a research report on Thursday, February 6th. Finally, BMO Capital Markets lifted their target price on Corpay from $400.00 to $440.00 and gave the stock an "outperform" rating in a report on Friday, December 13th. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $399.71.
Check Out Our Latest Stock Report on CPAY
Insider Buying and Selling at Corpay
In related news, Director Richard Macchia sold 2,427 shares of the company's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $375.23, for a total value of $910,683.21. Following the completion of the transaction, the director now owns 12,215 shares of the company's stock, valued at approximately $4,583,434.45. This represents a 16.58 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 6.10% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Corpay
Several institutional investors have recently made changes to their positions in the business. Swedbank AB increased its holdings in Corpay by 46.3% during the third quarter. Swedbank AB now owns 186,117 shares of the company's stock valued at $58,210,000 after buying an additional 58,900 shares during the last quarter. Retireful LLC purchased a new stake in shares of Corpay in the 3rd quarter worth $702,000. B. Metzler seel. Sohn & Co. Holding AG bought a new position in Corpay in the 3rd quarter worth $527,000. Allspring Global Investments Holdings LLC lifted its position in Corpay by 17.3% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 23,732 shares of the company's stock valued at $8,067,000 after purchasing an additional 3,504 shares in the last quarter. Finally, Banco Santander S.A. purchased a new position in Corpay during the third quarter valued at $668,000. Institutional investors own 98.84% of the company's stock.
About Representative McClain Delaney
April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election.
April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.
Corpay Company Profile
(
Get Free Report)
Corpay, Inc operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.
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