Mutual of America Capital Management LLC Invests $101,000 in Corsair Gaming, Inc. (NASDAQ:CRSR)

Mutual of America Capital Administration LLC bought a brand new place in shares of Corsair Gaming, Inc. (NASDAQ:CRSR – Get Rating) within the first quarter, HoldingsChannel reviews. The fund bought 4,758 shares of the corporate’s inventory, valued at roughly $101,000.

Different hedge funds and different institutional traders have additionally modified their holdings of the corporate. Rockefeller Capital Administration L.P. grew its holdings in shares of Corsair Gaming by 47.6% throughout the fourth quarter. Rockefeller Capital Administration L.P. now owns 1,971 shares of the corporate’s inventory value $41,000 after shopping for an extra 636 shares within the final quarter. Advisor Group Holdings Inc. grew its holdings in Corsair Gaming by 26.9% within the fourth quarter. Advisor Group Holdings Inc. now owns 5,277 shares of the corporate’s inventory valued at $109,000 after buying an extra 1,120 shares throughout the interval. Envestnet Asset Administration Inc. bought a brand new stake in Corsair Gaming within the fourth quarter valued at roughly $207,000. New York State Academics Retirement System bought a brand new stake in Corsair Gaming within the first quarter valued at roughly $209,000. Lastly, Centaurus Monetary Inc. grew its holdings in Corsair Gaming by 41.6% within the fourth quarter. Centaurus Monetary Inc. now owns 10,668 shares of the corporate’s inventory valued at $224,000 after buying an extra 3,135 shares throughout the interval. 14.77% of the inventory is presently owned by hedge funds and different institutional traders.

Insider Shopping for and Promoting at Corsair Gaming

In different information, Director Samuel R. Szteinbaum purchased 80,000 shares of Corsair Gaming inventory in a transaction dated Wednesday, Could eleventh. The shares have been acquired at a mean price of $14.29 per share, with a complete worth of $1,143,200.00. Following the completion of the transaction, the director now owns 237,269 shares within the firm, valued at roughly $3,390,574.01. The acquisition was disclosed in a doc filed with the SEC, which will be accessed by way of the SEC website. 61.01% of the inventory is presently owned by company insiders.

Corsair Gaming Buying and selling Up 3.3 %

Shares of CRSR stock opened at $15.22 on Wednesday. The inventory has a market cap of $1.45 billion, a price-to-earnings ratio of 30.44 and a beta of 1.63. The corporate has a fast ratio of 0.85, a present ratio of 1.63 and a debt-to-equity ratio of 0.41. Corsair Gaming, Inc. has a fifty-two week low of $12.23 and a fifty-two week excessive of $30.77. The agency’s 50 day transferring common value is $14.28 and its two-hundred day transferring common value is $17.63.

Corsair Gaming (NASDAQ:CRSR – Get Rating) final introduced its quarterly earnings outcomes on Thursday, Could fifth. The corporate reported $0.07 earnings per share for the quarter, assembly analysts’ consensus estimates of $0.07. The agency had income of $380.69 million for the quarter, in comparison with analysts’ expectations of $390.60 million. Corsair Gaming had a internet margin of two.80% and a return on fairness of 14.71%. Corsair Gaming’s income was down 28.1% in comparison with the identical quarter final 12 months. Throughout the identical interval within the earlier 12 months, the corporate posted $0.56 earnings per share. On common, analysts anticipate that Corsair Gaming, Inc. will submit 0.68 EPS for the present 12 months.

Analysts Set New Worth Targets

Quite a few equities analysis analysts just lately issued reviews on CRSR shares. Wedbush restated an “outperform” score and issued a $22.00 goal value on shares of Corsair Gaming in a report on Friday, Could sixth. DA Davidson lowered their goal value on shares of Corsair Gaming from $28.00 to $22.00 in a report on Friday, July twenty second. Lastly, Stifel Nicolaus lowered their goal value on shares of Corsair Gaming from $29.00 to $24.00 in a report on Friday, April twenty second. Three analysis analysts have rated the inventory with a maintain score and 4 have issued a purchase score to the corporate’s inventory. In line with MarketBeat, Corsair Gaming presently has a mean score of “Reasonable Purchase” and a consensus value goal of $26.50.

Corsair Gaming Profile

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Corsair Gaming, Inc, along with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, parts and methods within the Americas, Europe, the Center East, and the Asia Pacific. The corporate gives gamer and creator peripherals, together with gaming keyboards, mice, headsets, and controllers, in addition to seize playing cards, stream decks, USB microphones, studio equipment, and EpocCam software program.

Really useful Tales

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