Legacy Capital Group California Inc. Grows Stock Position in Clarus Co. (NASDAQ:CLAR)

Legacy Capital Group California Inc. boosted its position in shares of Clarus Co. (NASDAQ:CLAR) by 40.3% in the 4th quarter, according to its most recent disclosure 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 quarter. Legacy Capital Group California Inc. owned 0.05% of Clarus worth $90,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Peapod Lane Capital LLC purchased a new stake in Clarus in the 4th quarter worth about $2,153,000. Jacobs Levy Equity Management Inc. purchased a new stake in shares of Clarus in the third quarter worth approximately $420,000. JPMorgan Chase & Co. grew its position in Clarus by 393.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 66,675 shares of the company’s stock valued at $300,000 after acquiring an additional 53,150 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Clarus by 13.9% in the third quarter. Stifel Financial Corp now owns 299,229 shares of the company’s stock worth $1,347,000 after purchasing an additional 36,517 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in shares of Clarus during the third quarter worth approximately $153,000. Institutional investors own 90.30% of the company’s stock.

Clarus Stock Performance

Clarus 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 company has a market capitalization of $182.21 million, a PE ratio of 36.54 and a beta of 0.84. The company has a 50 day moving average price of $4.68 and a 200-day moving average price of $4.53.

Clarus 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.