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

Clearfield, Inc. (NASDAQ:CLFD) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 trading hands.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. UBS Group reaffirmed a “buy” rating on shares of Clearfield in a research report on Wednesday, November 26th. Weiss Ratings reissued a “hold (c-)” rating on shares of Clearfield in a research note on Wednesday, January 21st. Lake Street Capital dropped their price objective on Clearfield from $52.00 to $41.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Needham & Company LLC reduced their target price on shares of Clearfield from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Finally, Roth Mkm decreased their target price on shares of Clearfield from $50.00 to $43.00 and set a “buy” rating for the company in a research report on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Clearfield presently has an average rating of “Buy” and a consensus price target of $43.50.

Clearfield Stock Performance

The firm has a market capitalization of $432.26 million, a price-to-earnings ratio of -53.81 and a beta of 1.88. The business’s 50 day moving average is $29.85 and its 200-day moving average is $33.68.

Clearfield (NASDAQ:CLFD) last released its quarterly earnings results on Tuesday, November 25th. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.04. The company had revenue of $17.59 million during the quarter, compared to analysts’ expectations 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. Equities research analysts forecast that Clearfield, Inc. will post -0.29 EPS for the current fiscal year.

Clearfield announced that its board has initiated a share buyback plan 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 shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In other Clearfield news, Chairman Ronald G. Roth purchased 10,000 shares of the company’s stock in a transaction on Monday, December 15th. The shares were bought at an average cost of $30.06 per share, with a total value of $300,600.00. Following the transaction, the chairman directly owned 1,279,264 shares in the company, valued at approximately $38,454,675.84. This represents a 0.79% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 17.80% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Clearfield

Institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada raised its stake in 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 purchasing an additional 15,659 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Clearfield by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,222 shares of the communications equipment provider’s stock worth $215,000 after purchasing an additional 312 shares during the period. Jane Street Group LLC raised its position in shares of Clearfield by 45.5% during the first quarter. Jane Street Group LLC now owns 20,136 shares of the communications equipment provider’s stock valued at $598,000 after buying an additional 6,294 shares during the last quarter. Strs Ohio bought a new stake in shares of Clearfield in the first quarter valued at about $131,000. Finally, AlphaQuest LLC grew its position in Clearfield by 2,046.4% during the second quarter. AlphaQuest LLC now owns 17,579 shares of the communications equipment provider’s stock worth $763,000 after buying an additional 16,760 shares in the last quarter. Institutional investors own 88.73% of the company’s stock.

Clearfield Company 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.