Legacy Capital Group California Inc. Boosts Stock Holdings in Clarus Co. (NASDAQ:CLAR)

Legacy Capital Group California Inc. boosted its stake in shares of Clarus Co. (NASDAQ:CLAR) by 40.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,030 shares of the company’s stock after buying an additional 5,749 shares during the period. Legacy Capital Group California Inc.’s holdings in Clarus were worth $90,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of CLAR. Quantbot Technologies LP purchased a new position in Clarus in the third quarter worth $54,000. Quadrature Capital Ltd acquired a new stake in shares of Clarus in the 3rd quarter worth $100,000. XTX Topco Ltd purchased a new position in Clarus during the 3rd quarter worth $104,000. Public Employees Retirement System of Ohio acquired a new position in Clarus during the 3rd quarter valued at about $107,000. Finally, Proficio Capital Partners LLC purchased a new stake in Clarus in the third quarter valued at about $153,000. 90.30% of the stock is currently owned by institutional investors.

Clarus Stock Performance

Shares of CLAR stock opened at $4.75 on Friday. Clarus Co. has a fifty-two week low of $3.89 and a fifty-two week high of $7.55. The firm has a market capitalization of $182.21 million, a price-to-earnings ratio of 36.54 and a beta of 0.84. The stock’s 50-day simple moving average is $4.68 and its 200-day simple moving average is $4.53.

Clarus Company Profile

Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products in the United States and internationally. The company operates through two segments, Outdoor and Adventure. The Outdoor segment offers apparels, such as shells, insulation, midlayers, pants, and logowear; rock-climbing footwear and equipment, including carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; and skis, ski poles, ski skins, avalanche airbag systems, avalanche transceivers, shovels, and probes.