Parthenon LLC Sells 121,732 Shares of Clarus Co. (NASDAQ:CLAR)

Parthenon LLC cut its position in Clarus Co. (NASDAQ:CLAR - Free Report) by 64.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 66,780 shares of the company's stock after selling 121,732 shares during the period. Parthenon LLC owned approximately 0.17% of Clarus worth $301,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of CLAR. Quantbot Technologies LP purchased a new position in Clarus in the third quarter worth about $54,000. Legacy Capital Group California Inc. grew its stake in shares of Clarus by 32.7% in the third quarter. Legacy Capital Group California Inc. now owns 14,281 shares of the company's stock worth $64,000 after acquiring an additional 3,521 shares during the period. Quadrature Capital Ltd bought a new stake in shares of Clarus in the third quarter worth approximately $100,000. XTX Topco Ltd bought a new stake in shares of Clarus in the third quarter worth approximately $104,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Clarus in the third quarter worth approximately $107,000. 90.30% of the stock is owned by hedge funds and other institutional investors.

Clarus Stock Performance

Shares of CLAR stock traded down $0.04 during trading hours on Friday, reaching $4.77. The company had a trading volume of 71,466 shares, compared to its average volume of 123,015. The business has a fifty day moving average price of $4.68 and a 200-day moving average price of $4.53. Clarus Co. has a one year low of $3.89 and a one year high of $7.55. The firm has a market cap of $182.79 million, a PE ratio of 36.77 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.