CoreCardCCRD
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 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
3.84% less ownership
Funds ownership: 35.66% [Q2] → 31.82% (-3.84%) [Q3]
13% less capital invested
Capital invested by funds: $42.4M [Q2] → $37.1M (-$5.35M) [Q3]
18% less funds holding
Funds holding: 66 [Q2] → 54 (-12) [Q3]
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
67% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 18
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 82% 1-year accuracy 23 / 28 met price target | 30%downside $15 | Neutral Downgraded | 3 Oct 2024 |
Financial journalist opinion
Based on 3 articles about CCRD published over the past 30 days