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

Ieq Capital LLC acquired a new position in Corsair Gaming, Inc. (NASDAQ:CRSR) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 177,305 shares of the company’s stock, valued at approximately $1,715,000. Ieq Capital LLC owned about 0.16% of Corsair Gaming as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Kemnay Advisory Services Inc. acquired a new stake in Corsair Gaming in the 4th quarter valued at approximately $37,000. Tower Research Capital LLC TRC grew its stake in shares of Corsair Gaming by 245.9% in the second quarter. Tower Research Capital LLC TRC now owns 5,178 shares of the company’s stock worth $49,000 after acquiring an additional 3,681 shares in the last quarter. Cetera Investment Advisers purchased a new position in Corsair Gaming in the first quarter valued at $56,000. R Squared Ltd purchased a new position in shares of Corsair Gaming in the 1st quarter valued at about $58,000. Finally, Allworth Financial LP purchased a new position in Corsair Gaming in the second quarter worth approximately $62,000. Hedge funds and other institutional investors own 25.66% of the company’s stock.

Corsair Gaming Price Performance

Shares of NASDAQ CRSR opened at $11.84 on Wednesday. The stock has a market cap of $1.28 billion, a P/E ratio of 39.47 and a beta of 1.85. Corsair Gaming, Inc. has a twelve month low of $4.48 and a twelve month high of $14.98. The stock has a 50 day moving average of $10.35 and a two-hundred day moving average of $7.98. The company has a current ratio of 1.75, a quick ratio of 1.04 and a debt-to-equity ratio of 0.17.

Corsair Gaming (NASDAQ:CRSR) last announced its earnings results on Thursday, August 6th. The company reported $0.23 earnings per share (EPS) for the quarter, topping 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 business had revenue of $314.33 million for the quarter, compared to analyst estimates of $310.47 million. During the same period last year, the firm posted $0.01 earnings per share. The company’s revenue for the quarter was down 1.8% compared to the same quarter last year. 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, research analysts forecast that Corsair Gaming, Inc. will post 0.66 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CRSR. Roth Capital reaffirmed a “buy” rating and set a $16.00 price objective on shares of Corsair Gaming in a research report on Friday, August 7th. Wall Street Zen upgraded shares of Corsair Gaming from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 20th. The Goldman Sachs Group downgraded shares of Corsair Gaming from a “neutral” rating to a “sell” rating and set a $11.00 target price on the stock. in a research report on Wednesday, August 19th. Robert W. Baird set a $12.00 price target on shares of Corsair Gaming in a research report on Friday, August 7th. Finally, Zacks Research upgraded shares of Corsair Gaming from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.