Insider Buying Reaches $1.18m at Clarus Corporation

Multiple insiders have secured a larger position in Clarus Corporation (NASDAQ:CLAR) shares over the last 12 months, indicating increased optimism about the company's prospects. Executive Chairman Warren Kanders made the largest insider purchase, buying $936k worth of shares at $3.24 per share. While insider buying is a positive sign, it doesn't necessarily indicate current prices are undervalued. Insider ownership is 19% of the company, which is good but not particularly stand-out.