Squarepoint Ops LLC acquired a new position in CoreCard Co. (NYSE:CCRD - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,358 shares of the company's stock, valued at approximately $349,000. Squarepoint Ops LLC owned approximately 0.19% of CoreCard as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Two Sigma Advisers LP boosted its holdings in CoreCard by 52.9% in the 4th quarter. Two Sigma Advisers LP now owns 50,000 shares of the company's stock worth $1,135,000 after acquiring an additional 17,300 shares during the period. Two Sigma Investments LP raised its stake in shares of CoreCard by 18.5% during the fourth quarter. Two Sigma Investments LP now owns 48,638 shares of the company's stock valued at $1,104,000 after purchasing an additional 7,599 shares during the period. Citadel Advisors LLC lifted its position in shares of CoreCard by 349.4% during the fourth quarter. Citadel Advisors LLC now owns 61,123 shares of the company's stock worth $1,387,000 after purchasing an additional 47,523 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of CoreCard in the fourth quarter valued at $416,000. Finally, D. E. Shaw & Co. Inc. boosted its stake in shares of CoreCard by 169.9% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 30,450 shares of the company's stock valued at $691,000 after purchasing an additional 19,168 shares during the period. Institutional investors and hedge funds own 43.90% of the company's stock.
CoreCard Stock Up 8.4%
Shares of NYSE:CCRD traded up $2.36 during trading on Monday, hitting $30.32. The company's stock had a trading volume of 259,215 shares, compared to its average volume of 36,928. The company has a market capitalization of $236.10 million, a PE ratio of 45.25 and a beta of 0.68. CoreCard Co. has a fifty-two week low of $11.57 and a fifty-two week high of $31.49. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.90 and a current ratio of 4.90. The stock's 50-day moving average price is $21.66 and its two-hundred day moving average price is $21.75.
Analyst Ratings Changes
Separately, B. Riley reaffirmed a "neutral" rating and set a $21.00 price target (up previously from $16.00) on shares of CoreCard in a research note on Friday, February 21st.
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CoreCard Company Profile
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Free Report)
CoreCard Corporation, together with its subsidiaries, offers technology solutions and processing services to the financial technology and services market in the United States, Europe, and the Middle East. It designs, develops, and markets a suite of software solutions to program managers, accounts receivable businesses, financial institutions, retailers, and processors to manage their credit and debit cards, prepaid cards, private label cards, fleet cards, buy now pay later programs, loyalty programs, and accounts receivable and loan transactions.
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