Clearfield (NASDAQ:CLFD) Trading Down 7.5% – Here’s Why

19 May 2026, 14:22 by Doug Wharley · The Cerbat Gem

Shares of Clearfield, Inc. (NASDAQ:CLFD – Get Free Report) traded down 7.5% during trading on Tuesday . The company traded as low as $40.07 and last traded at $40.0080. 131,527 shares were traded during mid-day trading, a decline of 26% from the average session volume of 177,477 shares. The stock had previously closed at $43.25.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on CLFD shares. Weiss Ratings cut shares of Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Monday, May 11th. Zacks Research cut shares of Clearfield from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $44.00 price target on shares of Clearfield in a research report on Monday, May 4th. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $43.75.

View Our Latest Stock Analysis on CLFD

Clearfield Trading Down 3.8%

The firm’s 50-day moving average price is $30.87 and its two-hundred day moving average price is $30.85. The stock has a market cap of $565.21 million, a PE ratio of -67.08 and a beta of 1.90.

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

Insiders Place Their Bets

In other news, Director Walter Louis Jones, Jr. sold 2,391 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $46.05, for a total transaction of $110,105.55. Following the transaction, the director directly owned 8,682 shares of the company’s stock, valued at approximately $399,806.10. This represents a 21.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Donald R. Hayward sold 3,595 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $32.00, for a total value of $115,040.00. Following the transaction, the director directly owned 10,870 shares in the company, valued at approximately $347,840. The trade was a 24.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 17.80% of the company’s stock.

Hedge Funds Weigh In On Clearfield

Large investors have recently made changes to their positions in the business. Quarry LP acquired a new position in shares of Clearfield during the third quarter worth $42,000. Tower Research Capital LLC TRC increased its position in shares of Clearfield by 116.3% during the second quarter. Tower Research Capital LLC TRC now owns 1,882 shares of the communications equipment provider’s stock worth $82,000 after purchasing an additional 1,012 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Clearfield in the fourth quarter worth $63,000. Strs Ohio purchased a new position in shares of Clearfield in the first quarter worth $131,000. Finally, Captrust Financial Advisors purchased a new position in shares of Clearfield in the second quarter worth $220,000. 88.73% of the stock is owned by institutional investors and hedge funds.

Clearfield Company Profile

(Get Free Report)

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.