Ieq Capital LLC Acquires Shares of 177,305 Corsair Gaming, Inc. $CRSR

Ieq Capital LLC acquired a new stake in Corsair Gaming, Inc. (NASDAQ:CRSR) during the second quarter, according to its most recent filing with the SEC. The firm acquired 177,305 shares of the company’s stock, valued at approximately $1,715,000.

A number of other large investors also recently bought and sold shares of the company. First Trust Advisors LP purchased a new position in Corsair Gaming in the first quarter worth $606,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Corsair Gaming by 160.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 123,537 shares of the company’s stock worth $686,000 after purchasing an additional 76,054 shares during the period. GSA Capital Partners LLP acquired a new position in shares of Corsair Gaming during the 2nd quarter worth $2,359,000. Nano Cap New Millennium Growth Fund L P purchased a new position in shares of Corsair Gaming in the 4th quarter valued at about $1,158,000. Finally, WINTON GROUP Ltd increased its holdings in shares of Corsair Gaming by 104.6% in the 4th quarter. WINTON GROUP Ltd now owns 182,991 shares of the company’s stock valued at $1,087,000 after purchasing an additional 93,538 shares in the last quarter. Hedge funds and other institutional investors own 25.66% of the company’s stock.

Corsair Gaming Trading Up 8.5%

NASDAQ:CRSR opened at $11.84 on Wednesday. Corsair Gaming, Inc. has a 52-week low of $4.48 and a 52-week high of $14.98. The company has a quick ratio of 1.04, a current ratio of 1.75 and a debt-to-equity ratio of 0.17. The stock has a fifty day simple moving average of $10.35 and a 200-day simple moving average of $7.98. The company has a market capitalization of $1.28 billion, a PE ratio of 39.47 and a beta of 1.85.

Corsair Gaming (NASDAQ:CRSR) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.16. Corsair Gaming had a net margin of 2.36% and a return on equity of 13.10%. The firm had revenue of $314.33 million for the quarter, compared to analysts’ expectations of $310.47 million. During the same period in the prior year, the company earned $0.01 EPS. The firm’s revenue was down 1.8% on a year-over-year basis. Corsair Gaming has set its FY 2026 guidance at 0.850-0.940 EPS and its Q3 2026 guidance at 0.090-0.120 EPS. On average, equities research analysts expect that Corsair Gaming, Inc. will post 0.66 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on CRSR shares. Weiss Ratings raised shares of Corsair Gaming from a “sell (d)” rating to a “hold (c-)” rating in a report on Friday. Roth Capital reaffirmed a “buy” rating and issued a $16.00 target price on shares of Corsair Gaming in a report on Friday, August 7th. Robert W. Baird set a $12.00 price target on shares of Corsair Gaming in a research report on Friday, August 7th. Wedbush boosted their price target on Corsair Gaming from $8.00 to $13.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Finally, Craig Hallum restated a “hold” rating on shares of Corsair Gaming in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.00.

Corsair Gaming Company Profile

Corsair Gaming, Inc, headquartered in Fremont, California, is a leading manufacturer of high-performance gaming peripherals and PC components. Since its founding in 1994 by Andy Paul, Don Lieberman and John Beekley as Corsair Microsystems, the company has evolved from producing memory modules to a broad portfolio of gaming hardware. Its product range includes gaming keyboards, mice, headsets, PC chassis, power supplies, cooling solutions, memory modules, solid-state drives and streaming accessories under brands such as Corsair, Elgato and SCUF Gaming.

The company’s solutions cater to PC enthusiasts, competitive gamers and content creators, offering hardware and integrated software designed to optimize performance and user experience.