On November 15, 2024, Michael Henning, Director at Clarus Corp (CLAR, Financial), sold 18,309 shares of the company. The transaction was executed at a price of $4.5 per share, as detailed in the SEC Filing. Following this transaction, the insider now owns 85,000 shares of Clarus Corp.
Clarus Corp is engaged in the design, manufacture, and marketing of outdoor equipment and apparel for climbing, mountaineering, backpacking, skiing, and other outdoor recreation activities under several brand names.
Over the past year, the insider has sold a total of 70,000 shares and has not made any purchases. This recent sale is part of a broader trend observed within the company, where there have been 2 insider sells and 4 insider buys over the past year.
Shares of Clarus Corp were trading at $4.5 on the day of the transaction, giving the company a market cap of $163.038 million. The price-earnings ratio stands at 32.69, which is above the industry median of 19.1.
The stock's valuation according to the GF Value is $8.50, indicating a price-to-GF-Value ratio of 0.53. This suggests that the stock is currently undervalued, classified as a "Possible Value Trap, Think Twice" according to GuruFocus metrics.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale might be of interest to investors tracking insider behaviors as an indicator of the company's future prospects and valuation accuracy.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
