DC VGA LLC, Turtle Beach 10% owner, sells $3.6m in shares By Investing.com

LOS ANGELES – DC VGA LLC, an entity identified as a 10% owner and director of Turtle Beach Corp (), has sold a significant block of the company’s common stock, totaling 285,671 shares for approximately $3,625,103. The transactions occurred over three days, according to a recent filing with the Securities and Exchange Commission.

The sales took place between August 10 and August 12, 2026. On August 10, DC VGA LLC disposed of 140,000 shares at a weighted average price of $12.6961 per share. These shares were sold in multiple transactions with prices ranging from $12.5950 to $13.4540. The following day, August 11, an additional 140,000 shares were sold at a weighted average price of $12.6709, with individual transaction prices ranging from $12.5700 to $12.8000. On August 12, the entity sold 5,671 shares at a price of $13.00 per share.

Overall, the shares were sold at prices ranging between $12.6709 and $13.0. Following these transactions, DC VGA LLC directly holds 1,775,441 shares of Turtle Beach Corp common stock.The insider selling comes as the stock trades at $12.87, below InvestingPro’s Fair Value estimate, suggesting the company may be undervalued at current levels. According to InvestingPro data, the stock has shown strong returns over the last three months, though movements remain quite volatile with a beta of 2.31.

DC VGA LLC, formerly known as PDP Holdings, LLC, is a Delaware limited liability company. Diversis Capital Partners I, L.P. owns approximately 95% of the membership interests in DC VGA LLC.

In other recent news, Turtle Beach announced its second-quarter financial results, revealing revenue of $56.4 million. This figure fell short of Wall Street’s forecast of $60.82 million. Despite the revenue miss, the company reported improvements in adjusted EBITDA and gross margins, although it experienced a wider net loss. These developments are part of the company’s ongoing financial performance updates. Turtle Beach’s revenue remained essentially flat compared to the previous year, indicating a consistent sales trend. The company’s financial results have garnered attention from investors and analysts alike. No analyst upgrades or downgrades were reported in connection with these earnings results.

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