Landscape Capital Management L.L.C. Invests $5.05 Million in Corsair Gaming, Inc. $CRSR

Landscape Capital Management L.L.C. acquired a new position in Corsair Gaming, Inc. (NASDAQ:CRSR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 522,627 shares of the company’s stock, valued at approximately $5,054,000.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Corsair Gaming during the second quarter worth about $75,131,000. Dimensional Fund Advisors LP raised its position in shares of Corsair Gaming by 3.7% in the third quarter. Dimensional Fund Advisors LP now owns 2,784,310 shares of the company’s stock valued at $24,833,000 after purchasing an additional 98,588 shares during the period. State Street Corp raised its position in shares of Corsair Gaming by 2.1% in the fourth quarter. State Street Corp now owns 1,725,659 shares of the company’s stock valued at $10,250,000 after purchasing an additional 35,301 shares during the period. Invesco Ltd. raised its position in shares of Corsair Gaming by 144.4% in the fourth quarter. Invesco Ltd. now owns 1,330,581 shares of the company’s stock valued at $7,904,000 after purchasing an additional 786,049 shares during the period. Finally, Millennium Management LLC lifted its stake in shares of Corsair Gaming by 506.2% during the 4th quarter. Millennium Management LLC now owns 635,798 shares of the company’s stock valued at $3,777,000 after buying an additional 530,914 shares in the last quarter. 25.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CRSR has been the subject of a number of recent research reports. Craig Hallum reiterated a “hold” rating on shares of Corsair Gaming in a research note on Friday, August 7th. Barclays increased their target price on Corsair Gaming from $9.00 to $15.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. The Goldman Sachs Group lowered Corsair Gaming from a “neutral” rating to a “sell” rating and set a $11.00 price target for the company. in a report on Wednesday. Robert W. Baird set a $12.00 price target on Corsair Gaming in a research report on Friday, August 7th. Finally, Wedbush boosted their price objective on Corsair Gaming from $8.00 to $13.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $12.00.

Corsair Gaming Price Performance

CRSR stock opened at $10.93 on Friday. The firm has a 50 day moving average of $10.23 and a 200-day moving average of $7.87. The firm 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 12 month low of $4.48 and a 12 month high of $14.98. 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 posted its earnings results on Thursday, August 6th. The company reported $0.23 earnings per share 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 quarter in the prior year, the firm posted $0.01 EPS. Corsair Gaming’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. As a group, sell-side analysts predict that Corsair Gaming, Inc. will post 0.66 earnings per share for the current fiscal year.

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.