CoreCardCCRD Market cap $108M
About: CoreCard Corp is engaged in the business of providing technology solutions and processing services to the financial technology and services market. It designs, develops and markets a comprehensive 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. The CoreCard software platform and modules include CoreENGINE, CoreISSUE, CoreFRAUD, CoreCOLLECT, CoreAPP, CoreMONEY and CoreACQUIRE. Its customers are located in the U.S, European Union and the Middle East of which key revenue is derived from the U.S.
Employees: 1,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
11% more capital invested
Capital invested by funds: $37.4M [Q1] → $41.4M (+$3.94M) [Q2]
5% more funds holding
Funds holding: 62 [Q1] → 65 (+3) [Q2]
6.05% less ownership
Funds ownership: 40.79% [Q1] → 34.74% (-6.05%) [Q2]
29% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 24
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
B. Riley Securities Hal Goetsch 46% 1-year accuracy 6 / 13 met price target | 11%upside $15 | Neutral Downgraded | 3 Oct 2024 |