Mill Capital Management LLC Sells 53,685 Shares of Corpay, Inc $CPAY

Posted by Brenda Bartman on Jul 15th, 2026

Mill Capital Management LLC cut its holdings in Corpay, Inc (NYSE:CPAY – Free Report) by 98.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 950 shares of the corporate payments company’s stock after selling 53,685 shares during the quarter. Mill Capital Management LLC’s holdings in Corpay were worth $276,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. MV Capital Management Inc. bought a new position in shares of Corpay during the 4th quarter valued at $25,000. Leonteq Securities AG acquired a new position in Corpay during the fourth quarter worth $27,000. BOKF NA increased its position in Corpay by 4,700.0% during the third quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock worth $28,000 after buying an additional 94 shares during the last quarter. Torren Management LLC bought a new stake in Corpay during the fourth quarter worth approximately $29,000. Finally, DV Equities LLC acquired a new stake in shares of Corpay in the fourth quarter worth $30,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Corpay Stock Up 0.0%

CPAY opened at $356.21 on Wednesday. The firm has a market cap of $23.28 billion, a price-to-earnings ratio of 21.32, a PEG ratio of 0.99 and a beta of 0.88. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.98 and a current ratio of 0.98. The firm’s 50-day simple moving average is $348.91 and its 200-day simple moving average is $331.20. Corpay, Inc has a twelve month low of $252.84 and a twelve month high of $367.43.

Corpay (NYSE:CPAY – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The corporate payments company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $5.63 million for the quarter. Corpay had a net margin of 24.60% and a return on equity of 38.68%. Equities research analysts anticipate that Corpay, Inc will post 25.49 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have commented on CPAY. Weiss Ratings raised Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 27th. Loop Capital began coverage on shares of Corpay in a research note on Monday, May 18th. They set a “buy” rating and a $406.00 price target on the stock. Wolfe Research reissued an “outperform” rating and issued a $450.00 price target on shares of Corpay in a report on Wednesday, June 3rd. Oppenheimer restated an “outperform” rating and issued a $388.00 price objective on shares of Corpay in a research note on Friday, May 8th. Finally, Morgan Stanley restated an “overweight” rating and set a $400.00 price target on shares of Corpay in a research note on Sunday, May 10th. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $383.07.

View Our Latest Analysis on CPAY

Insider Activity at Corpay

In related news, insider Armando Lins Netto sold 70,476 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $352.13, for a total transaction of $24,816,713.88. Following the completion of the sale, the insider directly owned 11,274 shares of the company’s stock, valued at $3,969,913.62. This trade represents a 86.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Steven T. Stull sold 1,000 shares of Corpay stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total value of $360,780.00. Following the completion of the transaction, the director owned 28,241 shares of the company’s stock, valued at approximately $10,188,787.98. The trade was a 3.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 88,677 shares of company stock worth $31,304,091 over the last three months. 5.19% of the stock is owned by company insiders.

Corpay Company Profile

(Free Report)

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.