Key Points
- Clearfield Chairman Ronald Roth purchased 10,000 shares on Dec. 15 at an average price of $30.06 ($300,600), increasing his holdings to 1,279,264 shares (a 0.79% boost), according to an SEC filing.
- The Board approved an $85 million stock buyback program to repurchase up to about 22% of shares, a move that typically signals management views the stock as undervalued.
- Clearfield posted $0.13 EPS (vs. $0.09 expected) but revenue of $17.59M missed estimates; it guided Q1 2026 EPS of -0.08–0.00 and FY2026 EPS of 0.48–0.62, and analysts carry an average Buy rating with a $43.50 price target.
Clearfield, Inc. (NASDAQ:CLFD - Get Free Report) Chairman Ronald Roth acquired 10,000 shares of the business's stock in a transaction that occurred on Monday, December 15th. The stock was acquired at an average cost of $30.06 per share, with a total value of $300,600.00. Following the completion of the acquisition, the chairman owned 1,279,264 shares in the company, valued at $38,454,675.84. This trade represents a 0.79% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Clearfield Price Performance
CLFD opened at $29.14 on Tuesday. The firm has a market capitalization of $403.30 million, a P/E ratio of -50.24 and a beta of 1.88. Clearfield, Inc. has a one year low of $23.78 and a one year high of $46.76. The company has a fifty day moving average price of $32.40 and a 200-day moving average price of $35.89.
Clearfield (NASDAQ:CLFD - Get Free Report) last posted its earnings results on Tuesday, November 25th. The communications equipment provider reported $0.13 EPS for the quarter, topping the consensus estimate of $0.09 by $0.04. The business had revenue of $17.59 million during the quarter, compared to analysts' expectations of $49.55 million. Clearfield had a positive return on equity of 1.07% and a negative net margin of 4.65%.Clearfield has set its Q1 2026 guidance at -0.080-0.000 EPS and its FY 2026 guidance at 0.480-0.620 EPS. On average, analysts expect that Clearfield, Inc. will post -0.29 earnings per share for the current year.
Clearfield declared that its Board of Directors has approved a stock buyback program on Tuesday, November 25th that allows the company to buyback $85.00 million in shares. This buyback authorization allows the communications equipment provider to reacquire up to 22% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the stock. Tudor Investment Corp ET AL raised its stake in shares of Clearfield by 6.0% in the third quarter. Tudor Investment Corp ET AL now owns 61,428 shares of the communications equipment provider's stock worth $2,112,000 after purchasing an additional 3,489 shares during the last quarter. Penn Capital Management Company LLC raised its position in Clearfield by 67.6% in the 3rd quarter. Penn Capital Management Company LLC now owns 11,335 shares of the communications equipment provider's stock worth $390,000 after buying an additional 4,570 shares during the last quarter. PharVision Advisers LLC bought a new position in Clearfield during the 3rd quarter valued at about $244,000. Quarry LP purchased a new stake in shares of Clearfield during the 3rd quarter valued at about $42,000. Finally, Punch & Associates Investment Management Inc. grew its stake in shares of Clearfield by 48.4% in the third quarter. Punch & Associates Investment Management Inc. now owns 262,610 shares of the communications equipment provider's stock worth $9,029,000 after acquiring an additional 85,610 shares during the period. Hedge funds and other institutional investors own 88.73% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research firms have commented on CLFD. Weiss Ratings reissued a "hold (c-)" rating on shares of Clearfield in a research note on Wednesday, October 8th. Needham & Company LLC cut their target price on shares of Clearfield from $50.00 to $45.00 and set a "buy" rating for the company in a research report on Wednesday, November 26th. Roth Capital dropped their target price on Clearfield from $50.00 to $43.00 and set a "buy" rating for the company in a research report on Tuesday, November 25th. Wall Street Zen lowered Clearfield from a "buy" rating to a "hold" rating in a research note on Friday, November 28th. Finally, Northland Securities upgraded shares of Clearfield from a "market perform" rating to an "outperform" rating and set a $45.00 price target on the stock in a research report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $43.50.
Get Our Latest Stock Report on Clearfield
Clearfield Company Profile
(
Get Free Report)
Clearfield, Inc manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
