Clearfield, Inc. (NASDAQ:CLFD) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Clearfield, Inc. (NASDAQ:CLFD) have received an average rating of “Moderate Buy” from the seven research firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $43.75.

Several analysts have issued reports on CLFD shares. Roth Mkm reaffirmed a “buy” rating and issued a $44.00 price objective on shares of Clearfield in a research report on Monday, May 4th. Weiss Ratings cut shares of Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Monday, May 11th.

Clearfield Stock Performance

Shares of NASDAQ CLFD opened at $33.97 on Friday. The company’s 50-day moving average price is $39.65 and its 200 day moving average price is $33.33. Clearfield has a 52 week low of $23.76 and a 52 week high of $52.73. The stock has a market cap of $461.65 million, a price-to-earnings ratio of -54.79 and a beta of 2.11.

Clearfield (NASDAQ:CLFD) last announced its quarterly earnings data on Wednesday, May 6th. The communications equipment provider reported ($0.04) earnings per share for the quarter, hitting the consensus estimate of ($0.04). The business had revenue of $34.39 million for the quarter, compared to analyst estimates of $33.58 million. Clearfield had a negative net margin of 5.41% and a positive return on equity of 1.03%. Clearfield has set its Q3 2026 guidance at 0.170-0.210 EPS. As a group, research analysts expect that Clearfield will post 0.52 earnings per share for the current year.

Insider Transactions at Clearfield

In related news, insider Anis Khemakhem sold 1,684 shares of Clearfield stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $39.90, for a total value of $67,191.60. Following the completion of the sale, the insider owned 25,126 shares in the company, valued at approximately $1,002,527.40. The trade was a 6.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Walter Louis Jones, Jr. sold 2,391 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $46.05, for a total transaction of $110,105.55. Following the completion of the sale, the director directly owned 8,682 shares in the company, valued at $399,806.10. This represents a 21.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 17.80% of the company’s stock.

Institutional Investors Weigh In On Clearfield

A number of institutional investors have recently modified their holdings of CLFD. Vanguard Group Inc. increased its holdings in Clearfield by 0.4% in the third quarter. Vanguard Group Inc. now owns 940,004 shares of the communications equipment provider’s stock valued at $32,317,000 after buying an additional 4,139 shares during the last quarter. Cooper Creek Partners Management LLC lifted its holdings in Clearfield by 1,705.7% during the 3rd quarter. Cooper Creek Partners Management LLC now owns 479,741 shares of the communications equipment provider’s stock worth $16,493,000 after buying an additional 453,173 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Clearfield by 11.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 353,486 shares of the communications equipment provider’s stock worth $9,357,000 after acquiring an additional 36,756 shares in the last quarter. Punch & Associates Investment Management Inc. grew its position in shares of Clearfield by 4.1% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 289,610 shares of the communications equipment provider’s stock worth $7,666,000 after acquiring an additional 11,500 shares in the last quarter. Finally, Royal Bank of Canada grew its position in shares of Clearfield by 21.1% in the 1st quarter. Royal Bank of Canada now owns 282,350 shares of the communications equipment provider’s stock worth $7,474,000 after acquiring an additional 49,249 shares in the last quarter. Institutional investors and hedge funds own 88.73% of the company’s stock.

About Clearfield

Clearfield, Inc (NASDAQ: CLFD) is a Minneapolis-based company specializing in fiber management products for broadband network deployments. The company’s core offerings include fiber distribution hubs, enclosures, splice trays, patching panels and connectivity accessories designed to simplify installation and maintenance of fiber-optic networks. Clearfield’s modular FieldSmart™ platform provides a scalable approach for service providers, utilities and enterprise organizations looking to expand or upgrade their fiber infrastructure.

Clearfield serves a diverse customer base that includes cable and internet service providers, telecommunications operators, wireless carriers, utilities and municipalities.