243,945 Shares in Corsair Gaming, Inc. $CRSR Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new position in Corsair Gaming, Inc. (NASDAQ:CRSR) during the second quarter, Holdings Channel.com reports. The institutional investor bought 243,945 shares of the company’s stock, valued at approximately $2,359,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. First Trust Advisors LP bought a new stake in shares of Corsair Gaming during the 1st quarter valued at about $606,000. Arrowstreet Capital Limited Partnership increased its position in shares of Corsair Gaming by 160.2% in the first 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 last quarter. Nano Cap New Millennium Growth Fund L P purchased a new stake in Corsair Gaming in the fourth quarter valued at approximately $1,158,000. WINTON GROUP Ltd raised its stake in Corsair Gaming by 104.6% in the fourth 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. Finally, Investor AB purchased a new stake in Corsair Gaming in the fourth quarter valued at approximately $741,000. Hedge funds and other institutional investors own 25.66% of the company’s stock.

Corsair Gaming Stock Down 3.4%

Shares of CRSR opened at $12.99 on Friday. The firm has a market cap of $1.41 billion, a P/E ratio of 43.30 and a beta of 1.85. The stock has a 50 day simple moving average of $9.94 and a two-hundred day simple moving average of $7.65. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.75 and a quick ratio of 1.04. Corsair Gaming, Inc. has a 1 year low of $4.48 and a 1 year high of $14.98.

Corsair Gaming (NASDAQ:CRSR) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.16. The business had revenue of $314.33 million for the quarter, compared to analysts’ expectations of $310.47 million. Corsair Gaming had a net margin of 2.36% and a return on equity of 13.10%. The business’s quarterly revenue was down 1.8% on a year-over-year basis. During the same period last year, the business earned $0.01 earnings per share. 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, analysts forecast that Corsair Gaming, Inc. will post 0.52 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CRSR has been the subject of a number of research reports. Wall Street Zen raised shares of Corsair Gaming from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 20th. Weiss Ratings restated a “sell (d)” rating on shares of Corsair Gaming in a research report on Friday, August 7th. Wedbush lifted their price objective on shares of Corsair Gaming from $8.00 to $13.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Robert W. Baird set a $12.00 price objective on shares of Corsair Gaming in a report on Friday, August 7th. Finally, B. Riley Financial upped their target price on shares of Corsair Gaming from $7.50 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Corsair Gaming presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.14.

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.