Rep. April McClain Delaney Purchases Shares of Corpay, Inc. (NYSE:CPAY)

Representative April McClain Delaney (D-Maryland) recently bought shares of Corpay, Inc. NYSE: CPAY. In a filing disclosed on April 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Corpay stock on March 13th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Westinghouse Air Brake Technologies NYSE: WAB on 3/25/2025.
• Sold $1,001 - $15,000 in shares of Toro NYSE: TTC on 3/20/2025.
• Sold $15,001 - $50,000 in shares of Dayforce NYSE: DAY on 3/18/2025.
• Purchased $1,001 - $15,000 in shares of BJ's Wholesale Club NYSE: BJ on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of IDEXX Laboratories NASDAQ: IDXX on 3/14/2025.
• Purchased $1,001 - $15,000 in shares of Jones Lang LaSalle NYSE: JLL on 3/14/2025.
• Purchased $1,001 - $15,000 in shares of BJ's Wholesale Club NYSE: BJ on 3/14/2025.
• Purchased $1,001 - $15,000 in shares of Jones Lang LaSalle NYSE: JLL on 3/10/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 3/10/2025.
• Purchased $15,001 - $50,000 in shares of Markel Group NYSE: MKL on 3/7/2025.

Corpay Stock Performance

Corpay stock traded down $7.58 during mid-day trading on Tuesday, reaching $280.72. The company's stock had a trading volume of 628,231 shares, compared to its average volume of 480,936. The firm's fifty day moving average price is $353.71 and its two-hundred day moving average price is $352.22. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.05 and a current ratio of 1.00. Corpay, Inc. has a 12-month low of $247.10 and a 12-month high of $400.81. The company has a market capitalization of $19.72 billion, a P/E ratio of 20.08, a PEG ratio of 1.32 and a beta of 1.11.

Corpay (NYSE:CPAY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $4.96 earnings per share for the quarter, missing the consensus estimate of $5.37 by ($0.41). Corpay had a net margin of 25.25% and a return on equity of 41.46%. Sell-side analysts predict that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

Institutional Trading of Corpay

A number of hedge funds have recently bought and sold shares of the company. Exchange Traded Concepts LLC lifted its holdings in shares of Corpay by 16.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 204 shares of the company's stock worth $69,000 after acquiring an additional 29 shares during the last quarter. Tealwood Asset Management Inc. lifted its stake in Corpay by 0.7% in the fourth quarter. Tealwood Asset Management Inc. now owns 4,197 shares of the company's stock worth $1,420,000 after purchasing an additional 30 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its position in Corpay by 0.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 5,963 shares of the company's stock valued at $2,018,000 after buying an additional 30 shares during the period. IFP Advisors Inc increased its holdings in shares of Corpay by 2.7% in the fourth quarter. IFP Advisors Inc now owns 1,151 shares of the company's stock worth $390,000 after buying an additional 30 shares during the period. Finally, Lake Street Advisors Group LLC lifted its stake in shares of Corpay by 3.5% in the 4th quarter. Lake Street Advisors Group LLC now owns 939 shares of the company's stock valued at $318,000 after acquiring an additional 32 shares during the last quarter. Institutional investors own 98.84% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on CPAY shares. Keefe, Bruyette & Woods upped their price target on Corpay from $415.00 to $445.00 and gave the company an "outperform" rating in a research report on Thursday, February 6th. Wells Fargo & Company upped their target price on shares of Corpay from $340.00 to $375.00 and gave the stock an "equal weight" rating in a report on Thursday, January 16th. Raymond James reduced their price target on shares of Corpay from $434.00 to $417.00 and set an "outperform" rating for the company in a research report on Thursday, February 6th. Citigroup began coverage on Corpay in a research report on Tuesday, January 14th. They issued a "buy" rating and a $430.00 price objective on the stock. Finally, BMO Capital Markets boosted their target price on Corpay from $400.00 to $440.00 and gave the stock an "outperform" rating in a research report on Friday, December 13th. Three research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Corpay has a consensus rating of "Moderate Buy" and a consensus price target of $401.54.

Insider Activity at Corpay

In related news, Director Richard Macchia sold 2,427 shares of Corpay 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 transaction, the director now directly owns 12,215 shares of the company's stock, valued at $4,583,434.45. The trade was a 16.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 6.10% of the stock is currently owned by company insiders.

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.

About Corpay

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.