Clarus Executive Chairman Warren Kanders Acquires 4.9% More Shares for $936k

Warren Kanders, Executive Chairman of Clarus Corporation, recently purchased 4.9% more stock for $936k at an average price of $3.24. This purchase suggests conviction in a brighter future for the company. Kanders also purchased shares earlier in the year at $4.19, indicating optimism about the company's value. Insiders have purchased 740.80k shares for $2.8m and sold 70.00k shares worth $313k in the last 12 months. Clarus insiders own 18% of the company, worth $22m.

Executive Chairman Warren B. Kanders of Clarus Corporation (NASDAQ:CLAR) recently demonstrated his confidence in the company's prospects by purchasing an additional 89,000 shares of the stock. This transaction, completed on August 6, 2025, saw Kanders acquiring the shares at an average price of $3.23 per share, with a total value of $287,470.00. This purchase represents a 2.04% increase in his direct ownership of the company's stock, bringing his total holdings to 4,444,326 shares, valued at approximately $14,355,172.98 [2].

Kanders' latest purchase is not an isolated event. Earlier in the year, he bought shares at $4.19 per share, indicating an early optimism about the company's value. Overall, insiders have been active in the stock, with 740,800 shares purchased for $2,800,000 and 70,000 shares sold for $313,000 in the last 12 months. This activity underscores a significant insider ownership of 18% of the company, valued at approximately $22,000,000 [2].

The timing of Kanders' recent purchase coincides with a quarterly dividend announcement by Clarus. The company declared a quarterly dividend of $0.025 per share, set to be paid on August 20, 2025, to shareholders of record. This dividend represents a $0.10 annualized dividend and a dividend yield of 3.2%, indicating a strong commitment to shareholder returns [2].

The stock market's reaction to Kanders' purchase has been mixed. Shares of Clarus traded down by $0.02 on Thursday, August 7, 2025, hitting $3.13. The stock's 1-year low is $3.02, and its 1-year high is $5.29. Despite the recent drop, the stock has a 50-day simple moving average of $3.54 and a 200-day simple moving average of $3.82, indicating a relatively stable long-term trend [2].

Institutional investors hold a significant portion of Clarus' stock, with approximately 90.30% of the shares owned by them. Recent adjustments in positions among major hedge funds suggest varied sentiment about the company's future prospects. For example, Los Angeles Capital Management LLC bought a new stake in Clarus in the 2nd quarter worth approximately $90,000, while First Eagle Investment Management LLC increased its stake by 3.3% in the 2nd quarter [2].

Overall, Warren Kanders' recent stock purchase and the associated insider activity provide a clear signal of optimism about Clarus Corporation's future. The company's recent dividend announcement and the stable long-term stock performance further support this view. Investors should closely monitor the company's upcoming financial results and any further developments that may impact its stock price.

References:

[1] https://www.globenewswire.com/news-release/2025/08/07/3129054/0/en/EnWave-Corporation-Announces-LIFE-Offering-Private-Placement-of-up-to-3-Million.html

[2] https://www.marketbeat.com/instant-alerts/clarus-corporation-nasdaqclar-chairman-warren-b-kanders-buys-89000-shares-2025-08-07/