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

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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 6th.

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.
  • Purchased $1,001 - $15,000 in shares of Corpay NYSE: CPAY on 2/22/2025.
  • Sold $1,001 - $15,000 in shares of Tempur Sealy International NYSE: TPX on 2/22/2025.

Corpay Stock Performance

Shares of CPAY traded up $0.74 during trading hours on Tuesday, hitting $358.69. The company had a trading volume of 300,512 shares, compared to its average volume of 459,536. The firm 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 company has a quick ratio of 1.05, a current ratio of 1.00 and a debt-to-equity ratio of 1.66. The business has a fifty day moving average of $364.61 and a 200-day moving average of $350.82. Corpay, Inc. has a 12 month low of $247.10 and a 12 month high of $400.81.

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Corpay (NYSE:CPAY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $4.96 earnings per share (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%. Equities analysts anticipate that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on CPAY. Morgan Stanley boosted their price target on Corpay from $350.00 to $380.00 and gave the company an "equal weight" rating in a research note on Thursday, February 6th. Wolfe Research raised Corpay from a "peer perform" rating to an "outperform" rating and set a $420.00 target price on the stock in a report on Wednesday, January 8th. Citigroup assumed coverage on Corpay in a report on Tuesday, January 14th. They set a "buy" rating and a $430.00 price target for the company. Raymond James dropped 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. Finally, BMO Capital Markets boosted their target price on shares of Corpay from $400.00 to $440.00 and gave the stock an "outperform" rating in a report on Friday, December 13th. Three investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Corpay has an average rating of "Moderate Buy" and an average target price of $399.71.

Read Our Latest Stock Report on Corpay

Insider Transactions at Corpay

In related news, Director Richard Macchia sold 2,427 shares of the business's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $375.23, for a total value of $910,683.21. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 6.10% of the company's stock.

Institutional Trading of Corpay

A number of institutional investors have recently bought and sold shares of the company. Colonial Trust Co SC lifted its stake in shares of Corpay by 120.5% in the 4th quarter. Colonial Trust Co SC now owns 97 shares of the company's stock valued at $33,000 after purchasing an additional 53 shares during the period. Avion Wealth increased its holdings in Corpay by 1,011.1% in the fourth quarter. Avion Wealth now owns 100 shares of the company's stock worth $33,000 after purchasing an additional 91 shares in the last quarter. Versant Capital Management Inc lifted its stake in Corpay by 130.4% in the fourth quarter. Versant Capital Management Inc now owns 106 shares of the company's stock valued at $36,000 after buying an additional 60 shares during the period. Spire Wealth Management bought a new position in shares of Corpay during the 4th quarter worth approximately $42,000. Finally, Assetmark Inc. grew its position in shares of Corpay by 93.8% during the 4th quarter. Assetmark Inc. now owns 124 shares of the company's stock worth $42,000 after buying an additional 60 shares during the period. 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.

About Corpay

(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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