Punch & Associates Investment Management Inc. Has $8.11 Million Stock Position in Clearfield, Inc. $CLFD

Punch & Associates Investment Management Inc. grew its stake in Clearfield, Inc. (NASDAQ:CLFD) by 5.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 278,110 shares of the communications equipment provider’s stock after purchasing an additional 15,500 shares during the quarter. Punch & Associates Investment Management Inc. owned about 2.03% of Clearfield worth $8,107,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in CLFD. Cooper Creek Partners Management LLC lifted its stake in shares of Clearfield by 1,705.7% in the 3rd quarter. Cooper Creek Partners Management LLC now owns 479,741 shares of the communications equipment provider’s stock valued at $16,493,000 after purchasing an additional 453,173 shares during the period. Ancora Advisors LLC raised its stake in Clearfield by 445.2% during the 3rd quarter. Ancora Advisors LLC now owns 179,640 shares of the communications equipment provider’s stock worth $6,176,000 after buying an additional 146,690 shares during the period. Russell Investments Group Ltd. raised its stake in Clearfield by 286.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 156,014 shares of the communications equipment provider’s stock worth $5,364,000 after buying an additional 115,626 shares during the period. Boothbay Fund Management LLC acquired a new stake in Clearfield during the 2nd quarter worth $2,307,000. Finally, Divisadero Street Capital Management LP raised its stake in Clearfield by 95.9% during the 3rd quarter. Divisadero Street Capital Management LP now owns 94,588 shares of the communications equipment provider’s stock worth $3,252,000 after buying an additional 46,308 shares during the period. Institutional investors and hedge funds own 88.73% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on CLFD. Weiss Ratings downgraded Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a research note on Monday, May 11th. Roth Mkm reaffirmed a “buy” rating and set a $44.00 price objective on shares of Clearfield in a research note on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Clearfield currently has an average rating of “Moderate Buy” and an average price target of $43.75.

Clearfield Trading Down 1.4%

Shares of Clearfield stock opened at $39.53 on Wednesday. The company has a market capitalization of $537.21 million, a PE ratio of -63.76 and a beta of 2.08. Clearfield, Inc. has a 12 month low of $23.76 and a 12 month high of $52.73. The stock’s fifty day simple moving average is $37.15 and its 200 day simple moving average is $32.55.

Clearfield (NASDAQ:CLFD) last released its earnings results on Wednesday, May 6th. The communications equipment provider reported ($0.04) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.04). The firm had revenue of $34.39 million during the quarter, compared to analysts’ expectations of $33.58 million. Clearfield had a positive return on equity of 1.03% and a negative net margin of 5.41%.Clearfield has set its Q3 2026 guidance at 0.170-0.210 EPS. Analysts predict that Clearfield, Inc. will post 0.52 EPS for the current fiscal year.

Insider Transactions at Clearfield

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

Clearfield Profile

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.