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Clearfield (NASDAQ:CLFD) Chairman Ronald G. Roth bought 5,000 shares of Clearfield stock in a transaction dated Wednesday, May 7th. The shares were purchased at an average cost of $14.44 per share, with a total value of $72,200.00. Following the completion of the transaction, the chairman now directly owns 1,133,806 shares in the company, valued at approximately $16,372,159. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Clearfield (NASDAQ:CLFD) traded up 0.75% on Thursday, hitting $14.68. The stock had a trading volume of 124,889 shares. Clearfield has a 52 week low of $7.28 and a 52 week high of $26.59. The stock has a 50-day moving average of $20.32 and a 200-day moving average of $19.91. The company has a market cap of $187.1 million and a P/E ratio of 28.24.

Clearfield (NASDAQ:CLFD) last announced its earnings results on Thursday, April 24th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.12 by $0.03. The company had revenue of $13.20 million for the quarter, compared to the consensus estimate of $15.89 million. During the same quarter in the prior year, the company posted $0.04 earnings per share. The company’s quarterly revenue was up 25.7% on a year-over-year basis. On average, analysts predict that Clearfield will post $0.60 earnings per share for the current fiscal year.

Clearfield, Inc (NASDAQ:CLFD) manufactures, markets and sells a fiber management and enclosure platform that consolidates, distributes and protects fiber as it moves from the inside plant to the outside plant and all the way to the home, business and cell site.

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