Barclays PLC Has $549,000 Holdings in Corsair Gaming, Inc. (NASDAQ:CRSR)

Barclays PLC raised its holdings in shares of Corsair Gaming, Inc. (NASDAQ:CRSR) by 257.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,933 shares of the company’s stock after acquiring an additional 56,841 shares during the quarter. Barclays PLC owned approximately 0.08% of Corsair Gaming worth $549,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of CRSR. Main Management ETF Advisors LLC bought a new stake in Corsair Gaming during the third quarter valued at about $735,000. Jacobs Levy Equity Management Inc. acquired a new position in shares of Corsair Gaming in the 3rd quarter valued at $1,094,000. Stifel Financial Corp grew its stake in shares of Corsair Gaming by 39.6% in the 3rd quarter. Stifel Financial Corp now owns 214,564 shares of the company’s stock valued at $1,493,000 after purchasing an additional 60,811 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Corsair Gaming by 85.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,037,958 shares of the company’s stock worth $28,104,000 after acquiring an additional 1,857,532 shares in the last quarter. Finally, State Street Corp lifted its holdings in Corsair Gaming by 0.8% during the 3rd quarter. State Street Corp now owns 1,631,501 shares of the company’s stock valued at $11,355,000 after purchasing an additional 12,373 shares during the last quarter. Institutional investors and hedge funds own 25.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on CRSR shares. Macquarie decreased their price objective on shares of Corsair Gaming from $11.00 to $9.00 and set an “outperform” rating on the stock in a report on Friday, November 8th. Wedbush reaffirmed an “outperform” rating and set a $11.00 price target on shares of Corsair Gaming in a research report on Tuesday, November 5th. Robert W. Baird dropped their target price on Corsair Gaming from $10.00 to $8.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 25th. The Goldman Sachs Group decreased their price target on Corsair Gaming from $9.00 to $7.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. Finally, TD Cowen cut their price objective on Corsair Gaming from $10.00 to $9.00 and set a “hold” rating for the company in a research report on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $9.14.

Corsair Gaming Stock Up 5.6 %

NASDAQ CRSR opened at $6.98 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.58 and a quick ratio of 0.77. Corsair Gaming, Inc. has a fifty-two week low of $5.59 and a fifty-two week high of $14.13. The stock has a market capitalization of $730.81 million, a PE ratio of -7.76 and a beta of 1.62. The business has a fifty day moving average price of $6.98 and a two-hundred day moving average price of $7.49.

Corsair Gaming Profile

Corsair Gaming, Inc, together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products.