Builder Investment Group Inc. ADV Has $581,000 Stock Holdings in Clarus Co. (NASDAQ:CLAR)

Builder Investment Group Inc. ADV lowered its stake in shares of Clarus Co. (NASDAQ:CLAR) by 49.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 128,744 shares of the company’s stock after selling 125,536 shares during the period. Builder Investment Group Inc. ADV’s holdings in Clarus were worth $581,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Quantbot Technologies LP acquired a new stake in shares of Clarus in the third quarter worth about $54,000. Legacy Capital Group California Inc. lifted its holdings in Clarus by 32.7% in 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. Quadrature Capital Ltd bought a new stake in Clarus during the third quarter worth approximately $100,000. XTX Topco Ltd bought a new position in shares of Clarus in the third quarter valued at approximately $104,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Clarus in the third quarter worth $107,000. Institutional investors and hedge funds own 90.30% of the company’s stock.

Insider Transactions at Clarus

In related news, Director Michael A. Henning sold 44,600 shares of Clarus stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $4.46, for a total transaction of $198,916.00. Following the sale, the director now directly owns 110,400 shares of the company’s stock, valued at $492,384. This trade represents a 28.77 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 20.40% of the company’s stock.

Clarus Price Performance

Shares of CLAR opened at $4.55 on Thursday. The company has a market capitalization of $174.54 million, a PE ratio of 35.00 and a beta of 0.84. Clarus Co. has a one year low of $3.89 and a one year high of $7.55. The company’s fifty day moving average price is $4.57 and its 200 day moving average price is $4.75.

Clarus (NASDAQ:CLAR) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The business had revenue of $67.12 million for the quarter, compared to analyst estimates of $72.98 million. Clarus had a negative return on equity of 2.17% and a net margin of 1.80%. Analysts anticipate that Clarus Co. will post -0.06 earnings per share for the current year.

Clarus Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Monday, November 18th were given a $0.025 dividend. The ex-dividend date was Monday, November 18th. This represents a $0.10 annualized dividend and a yield of 2.20%. Clarus’s dividend payout ratio is 76.93%.

About Clarus

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.