Massachusetts Financial Services Co. MA Has $19.68 Million Stock Holdings in Corsair Gaming, Inc. (NASDAQ:CRSR)

Massachusetts Financial Services Co. MA lifted its position in shares of Corsair Gaming, Inc. (NASDAQ:CRSRFree Report) by 94.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,395,985 shares of the company’s stock after buying an additional 678,017 shares during the quarter. Massachusetts Financial Services Co. MA owned about 1.36% of Corsair Gaming worth $19,683,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Covestor Ltd increased its stake in Corsair Gaming by 23,240.0% during the 3rd quarter. Covestor Ltd now owns 2,334 shares of the company’s stock worth $34,000 after acquiring an additional 2,324 shares during the period. SG Americas Securities LLC acquired a new position in Corsair Gaming in the fourth quarter valued at about $177,000. Victory Capital Management Inc. acquired a new stake in Corsair Gaming during the third quarter worth about $262,000. Amalgamated Bank increased its holdings in Corsair Gaming by 6.9% in the 3rd quarter. Amalgamated Bank now owns 19,357 shares of the company’s stock valued at $281,000 after buying an additional 1,243 shares during the period. Finally, Louisiana State Employees Retirement System bought a new position in Corsair Gaming in the 4th quarter valued at about $305,000. Institutional investors own 25.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on CRSR. Stifel Nicolaus reduced their price target on shares of Corsair Gaming from $17.00 to $16.00 and set an “action list buy” rating on the stock in a research report on Wednesday, February 14th. Wedbush reiterated an “outperform” rating and issued a $18.00 price target on shares of Corsair Gaming in a research note on Wednesday, May 8th. Robert W. Baird lowered their price target on Corsair Gaming from $15.00 to $14.00 and set a “neutral” rating for the company in a report on Thursday, February 15th. Finally, Barclays reduced their price objective on Corsair Gaming from $20.00 to $17.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 14th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $15.83.

Get Our Latest Analysis on CRSR

Corsair Gaming Stock Up 0.6 %

Shares of CRSR opened at $11.26 on Friday. Corsair Gaming, Inc. has a 52 week low of $10.31 and a 52 week high of $20.72. The company has a current ratio of 1.82, a quick ratio of 1.08 and a debt-to-equity ratio of 0.25. The stock has a fifty day moving average of $11.63 and a 200-day moving average of $12.71.

Corsair Gaming Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Corsair Gaming (NASDAQ:CRSR)

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