AMH Equity Ltd Purchases New Position in Clearfield, Inc. $CLFD

AMH Equity Ltd purchased a new stake in Clearfield, Inc. (NASDAQ:CLFD) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 18,600 shares of the communications equipment provider’s stock, valued at approximately $639,000. AMH Equity Ltd owned about 0.13% of Clearfield as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of CLFD. Tower Research Capital LLC TRC raised its stake in shares of Clearfield by 116.3% in the second quarter. Tower Research Capital LLC TRC now owns 1,882 shares of the communications equipment provider’s stock valued at $82,000 after acquiring an additional 1,012 shares during the last quarter. Captrust Financial Advisors bought a new position in Clearfield during the 2nd quarter worth about $220,000. Man Group plc bought a new stake in Clearfield during the 2nd quarter worth about $465,000. G2 Investment Partners Management LLC bought a new stake in Clearfield during the second quarter worth $10,022,000. Finally, BNP Paribas Financial Markets boosted its stake in shares of Clearfield by 1,690.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 13,193 shares of the communications equipment provider’s stock worth $573,000 after acquiring an additional 12,456 shares during the period. 88.73% of the stock is owned by institutional investors.

Clearfield Price Performance

Shares of NASDAQ:CLFD opened at $31.42 on Friday. Clearfield, Inc. has a 1 year low of $23.78 and a 1 year high of $46.76. The company has a market cap of $434.82 million, a P/E ratio of -54.17 and a beta of 1.88. The stock’s fifty day moving average price is $29.94 and its 200-day moving average price is $34.28.

Clearfield (NASDAQ:CLFD) last announced its earnings results on Tuesday, November 25th. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.04. The business had revenue of $17.59 million for 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, sell-side analysts anticipate that Clearfield, Inc. will post -0.29 earnings per share for the current year.

Clearfield announced that its board has authorized a share buyback program on Tuesday, November 25th that allows the company to repurchase $85.00 million in outstanding shares. This repurchase authorization allows the communications equipment provider to reacquire up to 22% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CLFD. Northland Capmk upgraded Clearfield from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 26th. Weiss Ratings restated a “hold (c-)” rating on shares of Clearfield in a research report on Wednesday, October 8th. Needham & Company LLC decreased their target price on Clearfield from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Wall Street Zen cut shares of Clearfield from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. Finally, Lake Street Capital dropped their price target on shares of Clearfield from $52.00 to $41.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Clearfield has an average rating of “Buy” and a consensus target price of $43.50.

Insider Buying and Selling

In other Clearfield news, Chairman Ronald G. Roth acquired 10,000 shares of the company’s stock in a transaction 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 purchase, the chairman directly owned 1,279,264 shares of the company’s stock, valued at approximately $38,454,675.84. This represents a 0.79% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 17.80% of the company’s stock.

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.