15,358 Shares in CoreCard Co. (NYSE:CCRD) Purchased by Squarepoint Ops LLC

Squarepoint Ops LLC purchased a new position in shares of CoreCard Co. (NYSE:CCRD - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 15,358 shares of the company's stock, valued at approximately $349,000. Squarepoint Ops LLC owned 0.19% of CoreCard as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of CCRD. Connor Clark & Lunn Investment Management Ltd. bought a new position in CoreCard during the fourth quarter worth about $416,000. Arrowstreet Capital Limited Partnership grew its holdings in CoreCard by 160.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 98,841 shares of the company's stock worth $2,244,000 after purchasing an additional 60,927 shares during the period. O Shaughnessy Asset Management LLC bought a new position in CoreCard during the fourth quarter worth about $220,000. Geode Capital Management LLC grew its holdings in CoreCard by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 59,440 shares of the company's stock worth $1,350,000 after purchasing an additional 1,003 shares during the period. Finally, Russell Investments Group Ltd. grew its holdings in CoreCard by 8,257.9% during the fourth quarter. Russell Investments Group Ltd. now owns 7,940 shares of the company's stock worth $172,000 after purchasing an additional 7,845 shares during the period. Institutional investors own 43.90% of the company's stock.

Analyst Ratings Changes

Separately, B. Riley reiterated a "neutral" rating and set a $21.00 price target (up previously from $16.00) on shares of CoreCard in a report on Friday, February 21st.

CoreCard Trading Up 0.7%

Shares of NYSE:CCRD opened at $26.56 on Friday. CoreCard Co. has a 12-month low of $11.57 and a 12-month high of $28.00. The stock has a market cap of $206.82 million, a PE ratio of 39.64 and a beta of 0.68. The business has a 50 day moving average of $21.46 and a 200-day moving average of $21.64. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.04.

CoreCard Profile

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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