Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Clarus Corp shares valued at $89,877 were purchased by SOKOLOW NICOLAS on Mar 11 ’25. At $4.09 per share, SOKOLOW NICOLAS acquired 22,000 shares. The insider’s holdings grew to 580,311 shares worth approximately $1.89 million following the completion of this transaction.
Also, HENNING MICHAEL A sold 18,309 shares, netting a total of over 82,367 in proceeds. Following the sale of shares at $4.50 each, the insider now holds 85,000 shares.
Before that, HENNING MICHAEL A had sold 44,600 shares from its account. In a trade valued at $198,894, the Director traded Clarus Corp shares for $4.46 each. Upon closing the transaction, the insider’s holdings decreased to 44,600 shares, worth approximately $0.36 million.
As published in a research note from ROTH MKM on August 02, 2024, Clarus Corp [CLAR] has been rated down from a Buy to a Neutral. Analysts at Jefferies downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early January. As of June 29, 2023, B. Riley Securities has initiated its “Buy” rating for CLAR. Earlier on May 03, 2023, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for CLAR stock which previously was a “a Buy”.
Analyzing CLAR Stock Performance
During the last five days, there has been a drop of approximately -4.40%. Over the course of the year, Clarus Corp shares have dropped approximately -27.72%. Shares of the company reached a 52-week high of $5.08 on 01/30/25 and a 52-week low of $3.24 on 04/11/25. A 50-day SMA is recorded $4.14, while a 200-day SMA reached $4.59.
Support And Resistance Levels for Clarus Corp (CLAR)
According to the 24-hour chart, there is a support level at 3.22, which, if violated, would cause prices to drop to 3.19. In the upper region, resistance lies at 3.32. The next price resistance is at 3.39. RSI (Relative Strength Index) is 28.91 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.22, which suggests the price will decrease in the coming days. Percent R is at 97.44%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
