That’s what happened to Corsair Gaming ( CRSR -1.07% ) after its third-quarter earnings report on Tuesday. Supply chain issues pinched Corsair Gaming’s sales, causing revenue to drop 14% year over year.
Similarly, Why did CRSR stock drop?
After Corsair Gaming preannounced third quarter earnings and reported supply chain issues, the stock fell sharply. However, Wall Street analysts still see upside ahead. Corsair Gaming stock (CRSR) – Get Corsair Gaming, Inc. Report was the most commented ticker on Reddit on Friday, October 15.
Who is selling CRSR? MAJOROS GEORGE L. JR. Insider Trading information for NDAQ is derived from Forms 3 and 4 filings filed with the U.S. Securities and Exchange Commission (SEC).
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Number of Insider Shares Traded.
| INSIDER TRADE | 3 MONTHS | 12 MONTHS |
|---|---|---|
| Net Activity | 164,696 | (23,917,588) |
Thereof, What is the best gaming stock to buy?
Gaming Stocks To Watch This Week
- Unity Software Inc (NYSE: U)
- Activision Blizzard, Inc. ( NASDAQ: ATVI)
- Sea Ltd (NYSE: SE)
- Electronic Arts Inc. ( NASDAQ: EA)
- Take-Two Interactive Software, Inc. ( NASDAQ: TTWO)
Is Corsair profitable?
Strong revenue growth
Corsair Gaming is seeing extremely strong demand that the market is not giving it credit for. Revenue accelerated last year from 17% growth in 2019 to 55% in 2020.
Is Corsair Gaming undervalued?
What is Corsair Gaming worth? According to our data, the stock is significantly undervalued at the moment. However, discounted cash flow model is not without limitations.
Is CRSR in the Russell 2000?
(CRSR) exposure | ETF.com.
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ETFs with the most CRSR shares.
| Ticker | Fund Name | # OF SHARES |
|---|---|---|
| IJR | iShares Core S&P Small-Cap ETF | 2.33M |
| IWM | iShares Russell 2000 ETF | 630.96K |
Who owns CRSR?
Top 10 Owners of Corsair Gaming Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 3.40% | 3,210,361 |
| BlackRock Fund Advisors | 1.77% | 1,671,240 |
| SignatureFD LLC | 0.82% | 773,138 |
| Sculptor Capital LP | 0.71% | 667,500 |
How much of Corsair does Eagle Tree own?
Corsair Gaming is not owned by hedge funds. EagleTree Capital, LP is currently the company’s largest shareholder with 59% of shares outstanding. This implies that they have majority interest control of the future of the company. With 2.9% and 2.8% of the shares outstanding respectively, BlackRock, Inc.
What are the best gambling stocks?
| Best Value Sports Betting Stocks | ||
|---|---|---|
| Price ($) | Market Cap ($B) | |
| International Game Technology PLC (IGT) | 25.28 | 5.2 |
| Scientific Games Corp (SGMS) | 61.44 | 5.9 |
| Boyd Gaming Corp. (BYD) | 68.13 | 7.5 |
Who owns Epic gaming?
Tim Sweeney, CEO and founder of Epic, says the investment will “accelerate our work to build the metaverse and create spaces where players can have fun with friends, brands can build creative and immersive experiences and creators can build a community and thrive.”
What brands do Corsair own?
CORSAIR also includes subsidiary brands Elgato, which provides premium studio equipment and accessories for content creators, SCUF Gaming, which builds custom-designed controllers for competitive gamers, and ORIGIN PC, a builder of custom gaming and workstation desktop PCs and laptops.
Is Corsair a good brand?
Corsair is a very well-known brand in the world of PC components and gaming peripherals. Their products are usually well-built, with plenty of features to satisfy every type of gamer.
Who are Corsairs competitors?
Corsair’s top competitors include Pegatron, GIGABYTE, Razer and Computer Masters.
What is the highest game stock?
GameStop – Stock Price History | GME
- The all-time high GameStop stock closing price was 347.51 on January 27, 2021.
- The GameStop 52-week high stock price is 344.66, which is 128.7% above the current share price.
- The GameStop 52-week low stock price is 77.58, which is 48.5% below the current share price.
Is Ubisoft a buy?
Ubisoft Entertainment has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.
Is CRSR a small cap?
Corsair Gaming (NASDAQ:CRSR) stock is on the move today on news it’s joining the S&P SmallCap 600.
How many shares of CRSR are there?
Share Statistics
| Avg Vol (3 month) 3 | 1.38M |
|---|---|
| Shares Outstanding 5 | 94.34M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 37.05M |
| % Held by Insiders 1 | 3.41% |
Is Eagle Tree selling Corsair?
Through several of its subsidiaries, EagleTree, which bought a majority share in Corsair in July 2017 in a deal valued at $525M, and its co-managing partners George Majoros and Anup Bagaria are offering 7,135,000 of Corsair’s common stock.
What companies does Corsair own?
CORSAIR also includes subsidiary brands Elgato, which provides premium studio equipment and accessories for content creators, SCUF Gaming, which builds custom-designed controllers for competitive gamers, and ORIGIN PC, a builder of custom gaming and workstation desktop PCs and laptops.
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