Clarus Co. (NASDAQ:CLAR) Shares Purchased by Empowered Funds LLC

Empowered Funds LLC increased its holdings in shares of Clarus Co. (NASDAQ:CLAR) by 5.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 100,168 shares of the company’s stock after purchasing an additional 4,880 shares during the quarter. Empowered Funds LLC owned 0.26% of Clarus worth $452,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CLAR. Legacy Capital Group California Inc. increased its position in shares of Clarus by 32.7% during the 3rd quarter. Legacy Capital Group California Inc. now owns 14,281 shares of the company’s stock worth $64,000 after purchasing an additional 3,521 shares during the last quarter. Old West Investment Management LLC increased its position in shares of Clarus by 8.0% during the 3rd quarter. Old West Investment Management LLC now owns 124,884 shares of the company’s stock worth $562,000 after purchasing an additional 9,232 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Clarus during the 3rd quarter worth about $153,000. Quantbot Technologies LP acquired a new stake in shares of Clarus during the 3rd quarter worth about $54,000. Finally, Jacobs Levy Equity Management Inc. purchased a new position in Clarus during the 3rd quarter valued at about $420,000. 90.30% of the stock is owned by institutional investors and hedge funds.

Clarus Price Performance

Shares of Clarus stock opened at $4.91 on Thursday. The business has a 50-day moving average of $4.68 and a 200 day moving average of $4.52. Clarus Co. has a 12 month low of $3.89 and a 12 month high of $7.55. The stock has a market capitalization of $188.35 million, a price-to-earnings ratio of 37.77 and a beta of 0.84.

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.