The concentrated selling by multiple active managers (Dimensional, Russell, First Eagle, SEI) with no insider buying suggests a shared negative thesis on CLAR's near-term outlook. Monitor upcoming earnings for guidance revisions or margin pressure. The 64% analyst bullish consensus may be stale — the institutional flow is a stronger signal.
Executive Summary
Six institutional sellers reduced CLAR positions by $5.68M in Q1 2026, while two tiny buyers added only $12K. The selling is concentrated among active asset managers (Dimensional, Russell, First Eagle, SEI) trimming 28-91% of their stakes, with no insider buying to corroborate the thesis. This is a bearish conviction cluster suggesting deteriorating fundamentals in the sporting goods sector.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$5.7M
▲ Buyers (2)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Cwm | DOUBLED | +138.7% | $11.0K | $11.0K |
| Allworth Financial | DOUBLED | +2044.4% | $525.00 | $494.00 |
▼ Sellers (6)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Fidelity | TRIM | -57.3% | $42.0K | -$27.6K |
| Dimensional Fund Advisors | TRIM | -28.5% | $2.9M | -$1.2M |
| Pnc Financial Services Group | TRIM | -33.4% | $7.0K | -$3.2K |
| Sei Investments | NEAR_EXIT | -91.4% | $645.0K | -$599.8K |
| Russell Investments Group | TRIM | -40.5% | $4.6M | -$2.4M |
| First Eagle Investment Managem | TRIM | -39.7% | $2.8M | -$1.4M |
Key Facts
- 6 institutional sellers reduced holdings by $5.68M net vs 2 buyers adding $12K
- Dimensional Fund Advisors cut 28.5% of its stake (247K shares, -$1.22M)
- Russell Investments Group trimmed 40.5% (558K shares, -$2.39M)
- First Eagle Investment Management cut 39.7% (335K shares, -$1.44M)
- SEI Investments nearly exited (-91.4%, 176K shares, -$600K)
- No insider open-market buying in the window (confluence score 12/100)
Financial Impact
6 institutions sold $5.68M in CLAR shares while 2 institutions bought $12K, for a net outflow of $5.67M
Risk Factors
- Institutional selling may reflect sector rotation out of sporting goods, not company-specific issues
- 13F data is 45 days stale — positions may have been rebuilt since quarter-end
- Small market cap ($120M) amplifies price impact of any selling
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-CLAR-2026-Q1 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $3.83 | awaiting T+60 | — | — |
Oct 1, 2026 25d ago | SC 13D/A | $3.45 | awaiting T+60 | — | — |
Sep 22, 2026 4w ago | Institutional Cluster | $3.57 | awaiting T+60 | — | — |
Jun 19, 2026 18w ago | Institutional Cluster | $3.02 $3.51 | ▼ −16.23% | ▼ −14.48% | — |
Jun 12, 2026 19w ago | Institutional Cluster | $3.10 $3.72 | ▲ +20.00% | ▲ +16.74% | — |
Apr 23, 2026 26w ago | Press Release | $2.73 $3.36 | ▲ +23.08% | ▲ +18.00% | — |
Mar 5, 2026 33w ago | 8-K | $2.96 $2.91 | ▲ +1.79% | ▲ +14.57% | — |
Mar 5, 2026 33w ago | Press Release | $2.96 $2.91 | ▲ +1.79% | ▲ +14.57% | — |
Mar 4, 2026 33w ago | Press Release | $3.07 $2.91 | ▼ −5.28% | ▼ −16.58% | — |
US Market Status
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