First Insider Purchase in 9 Years at Corpay – Insider Weekends
Corpay, Inc. (CPAY): $331.5
Market Cap: $23.19B
Enterprise Value: $29.50B
Key Insights
- Corpay (CPAY) is strategically pivoting from legacy vehicle payments to high-growth corporate and cross-border B2B payment solutions, highlighted by a major Mastercard partnership.
- Mastercard’s $300M minority investment in Corpay’s cross-border business implies a $10.7B valuation, nearly half CPAY’s enterprise value, suggesting potential undervaluation.
- Recent insider buying by long-tenured Director Steven Stull, the first since 2017, signals strong internal confidence amid robust revenue and earnings guidance upgrades.
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