Corsair Gaming, Inc.
CRSR · Technology
$11.62
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A Corsair Gaming Director Dumps Nearly 9,000 Shares Representing a Substantial 28% of Their Direct Stake. Here's a Closer Look at the Transaction.
Corsair Gaming board member Sarah Mears Kim sold 8,874 shares (28% of her direct holdings) on August 13, 2026, for approximately $121,000 at $13.69 per share. The sale occurred shortly after the stock hit a 52-week high of $14.98, suggesting profit-taking following strong Q2 earnings that showed improved net income despite lower revenue.
Why Corsair Gaming Stock Skyrocketed by 35% Today
Corsair Gaming stock surged 35% after beating Q2 earnings expectations despite a 2% revenue decline. The company reported adjusted net income of $25 million ($0.23 per share) versus analyst estimates of $0.09 per share, driven by improved gross margins reaching a company record of 33%. Strong demand in gaming peripherals offset weakness in gaming components due to high memory pricing. The company issued encouraging full-year guidance of $1.4-1.47 billion in revenue and $0.85-0.94 in adjusted EPS.