Corsair Gaming Inc (NASDAQ: CRSR) is -8.77% lower on its value in year-to-date trading and has touched a low of $5.59 and a high of $13.02 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CRSR stock was last observed hovering at around $6.31 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $6.03, the stock is -24.80% and -38.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing -4.44% at the moment leaves the stock -24.48% off its SMA200. CRSR registered -46.11% loss for a year compared to 6-month gain of -11.45%. The firm has a 50-day simple moving average (SMA 50) of $9.8017 and a 200-day simple moving average (SMA200) of $7.984725.
The stock witnessed a -39.82% loss in the last 1 month and extending the period to 3 months gives it a -26.73%, and is -14.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.14% over the week and 8.30% over the month.
Corsair Gaming Inc (CRSR) has around 2567 employees, a market worth around $632.28M and $1.32B in sales. Fwd P/E is 7.82. Profit margin for the company is -7.53%. Distance from 52-week low is 7.77% and -53.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.19%).
The EPS is expected to grow by 1826.51% this year
237.0 institutions hold shares in Corsair Gaming Inc (CRSR), with institutional investors hold 90.59% of the company’s shares. The shares outstanding are 104.76M, and float is at 44.59M with Short Float at 8.01%. Institutions hold 87.53% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.99 million shares valued at $77.14 million. The investor’s holdings represent 6.7212 of the CRSR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.52 million shares valued at $60.92 million to account for 5.3279 of the shares outstanding. The other top investors are MASSACHUSETTS FINANCIAL SERVICES CO /MA/ which holds 2.18 million shares representing 2.0975 and valued at over $24.07 million, while DIMENSIONAL FUND ADVISORS LP holds 1.6821 of the shares totaling 1.74 million with a market value of $19.23 million.
Corsair Gaming Inc (CRSR) Insider Activity
The most recent transaction is an insider sale by Potter Michael G, the company’s Chief Financial Officer. SEC filings show that Potter Michael G sold 4,124 shares of the company’s common stock on Mar 19 ’25 at a price of $10.08 per share for a total of $41570.0. Following the sale, the insider now owns 0.13 million shares.
Corsair Gaming Inc disclosed in a document filed with the SEC on Jul 05 ’24 that Potter Michael G (Chief Financial Officer) sold a total of 1,947 shares of the company’s common stock. The trade occurred on Jul 05 ’24 and was made at $10.33 per share for $20113.0. Following the transaction, the insider now directly holds 70412.0 shares of the CRSR stock.
