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Director Kim Sarah Mears of Corsair Gaming Inc (NASDAQ:CRSR) sold 7,286 shares of common stock on August 12, 2025, at a price of $9.2034, for a total transaction value of $67,055. The transaction comes as Corsair’s stock shows significant momentum, with a 50% gain over the past year, though InvestingPro data indicates the stock remains undervalued at its current market cap of $945 million.
Following the transaction, Mears directly owns 26,575 shares of Corsair Gaming, Inc., which includes 12,428 restricted stock units set to fully vest by June 10, 2026, or earlier, contingent on continued service. While the stock has shown volatility, analysts maintain optimism, projecting profitability for 2025. Discover more insights and 7 additional key ProTips for CRSR with an InvestingPro subscription.
In other recent news, Corsair Gaming reported its second-quarter 2025 earnings, which showed a mixed financial performance. The company posted earnings per share of $0.01, missing the forecasted $0.03, which represents a 66.67% negative surprise. However, Corsair Gaming’s revenue exceeded expectations, reaching $320 million compared to the anticipated $312.38 million. Barclays responded to these results by raising its price target for Corsair Gaming to $12.00 from $10.00, while maintaining an Overweight rating. The upgrade was influenced by the company’s margin gains and double-digit growth in its Components and Systems segments. Corsair Gaming demonstrated margin expansion across all three of its business segments on a year-over-year basis. These recent developments reflect a complex financial landscape for the company, with both positive and negative aspects for investors to consider.
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