Dimensional Fund Advisors LP Purchases 36,756 Shares of Clearfield, Inc. $CLFD

Key Points

• Dimensional Fund Advisors increased its Clearfield stake by 11.6%, purchasing 36,756 shares to own 353,486 shares worth approximately $9.36 million. Institutional investors collectively own 88.73% of the company.
• Analyst sentiment remains generally positive, with five Buy ratings, one Hold and one Sell; Clearfield has a “Moderate Buy” consensus and an average price target of $41.75, despite recent target reductions.
• Clearfield reported quarterly EPS of $0.22, beating estimates of $0.19, while revenue of $43.86 million was roughly in line with expectations. The stock opened at $27.48, well below its 12-month high of $52.73.

Dimensional Fund Advisors LP increased its position in shares of Clearfield, Inc. (NASDAQ:CLFD - Free Report) by 11.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 353,486 shares of the communications equipment provider's stock after purchasing an additional 36,756 shares during the period. Dimensional Fund Advisors LP owned approximately 2.58% of Clearfield worth $9,357,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Clearfield by 0.4% during the third quarter. Vanguard Group Inc. now owns 940,004 shares of the communications equipment provider's stock worth $32,317,000 after buying an additional 4,139 shares in the last quarter. Cooper Creek Partners Management LLC boosted its holdings in Clearfield by 1,705.7% in 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 purchasing an additional 453,173 shares during the period. Punch & Associates Investment Management Inc. grew its position in shares of Clearfield by 5.9% during the 4th quarter. Punch & Associates Investment Management Inc. now owns 278,110 shares of the communications equipment provider's stock worth $8,107,000 after purchasing an additional 15,500 shares in the last quarter. Royal Bank of Canada grew its position 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 worth $8,020,000 after purchasing an additional 15,659 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Clearfield by 12.8% during the fourth quarter. JPMorgan Chase & Co. now owns 248,268 shares of the communications equipment provider's stock worth $7,237,000 after purchasing an additional 28,226 shares during the period. 88.73% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CLFD has been the subject of several recent research reports. Needham & Company LLC cut their price target on Clearfield from $52.00 to $40.00 and set a "buy" rating for the company in a research note on Thursday. Weiss Ratings lowered Clearfield from a "hold (c-)" rating to a "sell (d-)" rating in a research note on Monday, May 11th. Lake Street Capital set a $38.00 price objective on Clearfield in a report on Thursday. Finally, Roth Capital reiterated a "buy" rating and set a $44.00 target price on shares of Clearfield in a research report on Monday, May 4th. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Clearfield has a consensus rating of "Moderate Buy" and an average price target of $41.75.

Insider Buying and Selling

In related news, insider Anis Khemakhem sold 1,684 shares of Clearfield stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $39.90, for a total transaction of $67,191.60. Following the sale, the insider directly owned 25,126 shares in the company, valued at $1,002,527.40. This trade represents a 6.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 17.80% of the stock is currently owned by corporate insiders.

Clearfield Price Performance

NASDAQ CLFD opened at $27.48 on Monday. Clearfield, Inc. has a twelve month low of $23.76 and a twelve month high of $52.73. The company has a market cap of $373.18 million, a price-to-earnings ratio of -53.88 and a beta of 2.12. The business's fifty day moving average is $35.76 and its 200 day moving average is $33.61.

Clearfield (NASDAQ:CLFD - Get Free Report) last issued its earnings results on Wednesday, August 5th. The communications equipment provider reported $0.22 earnings per share (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 analysts' expectations of $43.92 million. Clearfield had a positive return on equity of 1.61% and a negative net margin of 4.71%.Clearfield has set its Q4 2026 guidance at 0.000-0.070 EPS and its FY 2026 guidance at 0.140-0.210 EPS. On average, research analysts anticipate that Clearfield, Inc. will post 0.23 earnings per share for the current fiscal year.

Clearfield 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.

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