Clearfield (NASDAQ:CLFD) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Clearfield, Inc. (NASDAQ:CLFD) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $33.68 and traded as low as $30.16. Clearfield shares last traded at $31.21, with a volume of 105,465 shares changing hands.

Analysts Set New Price Targets

CLFD has been the subject of a number of research analyst reports. Northland Securities raised shares of Clearfield from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research note on Wednesday, November 26th. Wall Street Zen cut Clearfield from a “buy” rating to a “hold” rating in a report on Friday, November 28th. UBS Group reaffirmed a “buy” rating on shares of Clearfield in a research note on Wednesday, November 26th. Lake Street Capital lowered their price target on Clearfield from $52.00 to $41.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Finally, Roth Mkm cut their price objective on Clearfield from $50.00 to $43.00 and set a “buy” rating for the company in a report on Tuesday, November 25th. One research 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 stock. Based on data from MarketBeat.com, Clearfield presently has an average rating of “Buy” and an average target price of $43.50.

Clearfield Trading Up 1.4%

The company’s 50-day moving average is $29.85 and its 200 day moving average is $33.68. The firm has a market cap of $432.26 million, a PE ratio of -53.81 and a beta of 1.88.

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, beating the consensus estimate of $0.09 by $0.04. The company had revenue of $17.59 million for the quarter, compared to the consensus estimate of $49.55 million. Clearfield had a negative net margin of 4.65% and a positive return on equity of 1.07%. 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, research analysts predict that Clearfield, Inc. will post -0.29 EPS for the current fiscal year.

Clearfield announced that its Board of Directors has initiated a stock repurchase program on Tuesday, November 25th that allows the company to repurchase $85.00 million in shares. This repurchase authorization allows the communications equipment provider to purchase up to 22% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other Clearfield news, Chairman Ronald G. Roth acquired 10,000 shares of the firm’s stock in a transaction on Monday, December 15th. The stock was purchased at an average cost of $30.06 per share, for a total transaction of $300,600.00. Following the transaction, the chairman owned 1,279,264 shares of the company’s stock, valued at $38,454,675.84. The trade was a 0.79% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 17.80% of the company’s stock.

Institutional Trading of Clearfield

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Clearfield by 0.4% during the third quarter. Vanguard Group Inc. now owns 940,004 shares of the communications equipment provider’s stock valued at $32,317,000 after purchasing an additional 4,139 shares in the last quarter. Cooper Creek Partners Management LLC boosted its stake in shares of 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 valued at $16,493,000 after buying an additional 453,173 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Clearfield by 2.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 345,833 shares of the communications equipment provider’s stock valued at $11,889,000 after buying an additional 8,288 shares during the period. Royal Bank of Canada grew its holdings in shares of Clearfield by 6.2% during the 1st quarter. Royal Bank of Canada now owns 269,865 shares of the communications equipment provider’s stock valued at $8,020,000 after acquiring an additional 15,659 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. increased 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 last quarter. 88.73% of the stock is currently owned by institutional investors and hedge funds.

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.