AIGH Capital Management LLC Takes Position in Clearfield, Inc. $CLFD

Key Points

• AIGH Capital Management acquired 1.01 million Clearfield shares valued at approximately $40.1 million, representing about 7.42% of the company and 2.5% of its portfolio. Institutional investors collectively own 88.73% of Clearfield.
• Clearfield’s latest quarterly results beat expectations on earnings, reporting $0.22 EPS versus the $0.19 consensus, while revenue of $43.86 million was slightly below estimates. The company issued fiscal 2026 EPS guidance of $0.14–$0.21.
• Analyst sentiment remains a “Moderate Buy”, with five Buy, one Hold and one Sell rating and a consensus price target of $41.75, despite the stock opening at $28.79 and an insider sale of 1,684 shares.

AIGH Capital Management LLC bought a new position in Clearfield, Inc. (NASDAQ:CLFD - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,008,469 shares of the communications equipment provider's stock, valued at approximately $40,127,000. Clearfield accounts for about 2.5% of AIGH Capital Management LLC's holdings, making the stock its 6th biggest holding. AIGH Capital Management LLC owned approximately 7.42% of Clearfield as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CLFD. Cooper Creek Partners Management LLC grew its holdings in Clearfield by 1,705.7% in the third quarter. Cooper Creek Partners Management LLC now owns 479,741 shares of the communications equipment provider's stock worth $16,493,000 after purchasing an additional 453,173 shares during the period. Ancora Advisors LLC increased its position in Clearfield by 445.2% during the 3rd quarter. Ancora Advisors LLC now owns 179,640 shares of the communications equipment provider's stock valued at $6,176,000 after buying an additional 146,690 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Clearfield by 286.3% during the third quarter. Russell Investments Group Ltd. now owns 156,014 shares of the communications equipment provider's stock valued at $5,364,000 after buying an additional 115,626 shares during the last quarter. Punch & Associates Investment Management Inc. raised its stake in Clearfield by 48.4% during the third quarter. Punch & Associates Investment Management Inc. now owns 262,610 shares of the communications equipment provider's stock valued at $9,029,000 after buying an additional 85,610 shares during the last quarter. Finally, Boothbay Fund Management LLC bought a new stake in Clearfield in the second quarter worth $2,307,000. 88.73% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Clearfield

In other Clearfield news, insider Anis Khemakhem sold 1,684 shares of the firm's stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $39.90, for a total value of $67,191.60. Following the transaction, the insider directly owned 25,126 shares of the company's stock, valued at approximately $1,002,527.40. This trade represents a 6.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 17.80% of the stock is owned by insiders.

Clearfield Price Performance

Shares of Clearfield stock opened at $28.79 on Monday. The company has a market cap of $391.08 million, a price-to-earnings ratio of -56.45 and a beta of 2.12. The company's 50 day moving average is $34.14 and its 200 day moving average is $33.53. Clearfield, Inc. has a twelve month low of $23.76 and a twelve month high of $52.73.

Clearfield (NASDAQ:CLFD - Get Free Report) last posted its earnings results on Wednesday, August 5th. The communications equipment provider reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.03. The business had revenue of $43.86 million during the quarter, compared to the consensus estimate of $43.92 million. Clearfield had a negative net margin of 4.71% and a positive return on equity of 1.61%. Clearfield has set its Q4 2026 guidance at 0.000-0.070 EPS and its FY 2026 guidance at 0.140-0.210 EPS. Sell-side analysts expect that Clearfield, Inc. will post 0.23 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on CLFD shares. Needham & Company LLC cut their target price on Clearfield from $52.00 to $40.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th. Roth Capital reaffirmed a "buy" rating and issued a $44.00 price target on shares of Clearfield in a research report on Monday, May 4th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Clearfield in a research note on Friday, August 7th. Finally, Lake Street Capital set a $38.00 price objective on shares of Clearfield in a research report on Thursday, August 6th. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $41.75.

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.

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