Landscape Capital Management L.L.C. Takes Position in Corsair Gaming, Inc. $CRSR

Landscape Capital Management L.L.C. acquired a new position in shares of Corsair Gaming, Inc. (NASDAQ:CRSRFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 522,627 shares of the company’s stock, valued at approximately $5,054,000. Landscape Capital Management L.L.C. owned about 0.48% of Corsair Gaming at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in CRSR. First Trust Advisors LP bought a new stake in Corsair Gaming during the 1st quarter worth approximately $606,000. Arrowstreet Capital Limited Partnership lifted its holdings 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 valued at $686,000 after purchasing an additional 76,054 shares in the last quarter. GSA Capital Partners LLP bought a new position in shares of Corsair Gaming in the second quarter valued at approximately $2,359,000. Nano Cap New Millennium Growth Fund L P purchased a new position in shares of Corsair Gaming during the fourth quarter valued at approximately $1,158,000. Finally, WINTON GROUP Ltd boosted its position in shares of Corsair Gaming by 104.6% during the fourth quarter. WINTON GROUP Ltd now owns 182,991 shares of the company’s stock valued at $1,087,000 after buying an additional 93,538 shares during the last quarter. 25.66% of the stock is currently owned by institutional investors and hedge funds.

Corsair Gaming Price Performance

Shares of NASDAQ:CRSR opened at $10.93 on Friday. The company’s 50-day moving average is $10.23 and its 200 day moving average is $7.87. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.04 and a current ratio of 1.75. The company has a market capitalization of $1.18 billion, a P/E ratio of 36.43 and a beta of 1.85. Corsair Gaming, Inc. has a fifty-two week low of $4.48 and a fifty-two week high of $14.98.

Corsair Gaming (NASDAQ:CRSRGet Free Report) last posted its quarterly earnings data 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. The business had revenue of $314.33 million during the quarter, compared to the consensus estimate of $310.47 million. Corsair Gaming had a net margin of 2.36% and a return on equity of 13.10%. The firm’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter last year, the company posted $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, equities research analysts forecast that Corsair Gaming, Inc. will post 0.66 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CRSR has been the subject of a number of analyst reports. Barclays increased their price target on Corsair Gaming from $9.00 to $15.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Wall Street Zen upgraded shares of Corsair Gaming from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 20th. Robert W. Baird set a $12.00 target price on shares of Corsair Gaming in a report on Friday, August 7th. The Goldman Sachs Group lowered shares of Corsair Gaming from a “neutral” rating to a “sell” rating and set a $11.00 price target on the stock. in a research report on Wednesday. Finally, Wedbush boosted their price target 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. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Corsair Gaming currently has an average rating of “Hold” and a consensus target price of $12.00.

Check Out Our Latest Research Report on CRSR

About Corsair Gaming

(Free Report)

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.

Further Reading

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

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