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Aviso Financial and other firms boost their stake in Corpay, Inc., despite recent earnings miss.
Aviso Financial Inc. and other firms have been buying shares of Corpay, Inc. (NYSE: CPAY), increasing insider ownership to about 6.10%.
Corpay, a payments company, helps businesses and consumers manage expenses like vehicle payments and corporate payments globally.
Despite a recent earnings miss, analysts predict $19.76 earnings per share for the year.
The stock, currently at $338.14, has a market cap of $23.75 billion and a P/E ratio of 24.19.
Institutional investors own 98.84% of the stock.
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Aviso Financial y otras empresas aumentan su participación en Corpay, Inc., a pesar de las recientes pérdidas de ganancias.