282,475 Shares in Corsair Gaming, Inc. $CRSR Acquired by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Corsair Gaming, Inc. (NASDAQ:CRSR) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 282,475 shares of the company’s stock, valued at approximately $2,732,000. Connor Clark & Lunn Investment Management Ltd. owned about 0.26% of Corsair Gaming as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CRSR. First Trust Advisors LP bought a new stake in Corsair Gaming in the 1st quarter valued at $606,000. Landscape Capital Management L.L.C. bought a new position in Corsair Gaming during the second quarter worth $5,054,000. Arrowstreet Capital Limited Partnership increased 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 during the last quarter. GSA Capital Partners LLP bought a new position in shares of Corsair Gaming in the second quarter valued at about $2,359,000. Finally, Ieq Capital LLC bought a new position in shares of Corsair Gaming in the second quarter valued at about $1,715,000. Hedge funds and other institutional investors own 25.66% of the company’s stock.

Corsair Gaming Stock Up 0.2%

Shares of NASDAQ CRSR opened at $12.00 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.04 and a current ratio of 1.75. Corsair Gaming, Inc. has a 52 week low of $4.48 and a 52 week high of $14.98. The stock has a market capitalization of $1.30 billion, a P/E ratio of 40.00 and a beta of 1.85. The stock’s fifty day moving average is $10.53 and its 200 day moving average is $8.10.

Corsair Gaming (NASDAQ:CRSR) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $310.47 million. During the same quarter in the prior year, the business posted $0.01 earnings per share. Corsair Gaming’s revenue 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. Sell-side analysts forecast that Corsair Gaming, Inc. will post 0.66 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CRSR. B. Riley Financial raised their target price on shares of Corsair Gaming from $7.50 to $9.00 and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. Weiss Ratings upgraded shares of Corsair Gaming from a “sell (d)” rating to a “hold (c-)” rating in a research report on Friday, August 21st. Craig Hallum restated a “hold” rating on shares of Corsair Gaming in a report on Friday, August 7th. Wedbush upped their target price on Corsair Gaming from $8.00 to $13.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, Zacks Research upgraded Corsair Gaming from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $12.00.

About Corsair Gaming

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.