UBS Group AG Boosts Stake in Clearfield, Inc. $CLFD

UBS Group AG lifted its stake in Clearfield, Inc. (NASDAQ:CLFD) by 13.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,849 shares of the communications equipment provider’s stock after purchasing an additional 12,205 shares during the quarter. UBS Group AG owned about 0.76% of Clearfield worth $3,085,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in CLFD. Quarry LP bought a new stake in shares of Clearfield in the 3rd quarter worth approximately $42,000. Tower Research Capital LLC TRC boosted its position in shares of Clearfield by 116.3% in the 2nd 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. Strs Ohio bought a new stake in shares of Clearfield in the 1st quarter worth approximately $131,000. Quantbot Technologies LP bought a new stake in shares of Clearfield in the 3rd quarter worth approximately $202,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Clearfield by 4.5% in 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 in the last quarter. 88.73% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Weiss Ratings cut Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Monday, May 11th. Zacks Research cut Clearfield from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Roth Mkm reissued a “buy” rating and issued a $44.00 price target 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 stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $43.75.

Clearfield Stock Performance

CLFD stock opened at $43.73 on Tuesday. The stock has a market capitalization of $594.29 million, a PE ratio of -70.53 and a beta of 1.90. Clearfield, Inc. has a 12-month low of $23.76 and a 12-month high of $46.76. The stock’s 50 day simple moving average is $32.20 and its 200 day simple moving average is $31.11.

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

Insider Transactions at Clearfield

In related news, Director Walter Louis Jones, Jr. sold 2,391 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $46.05, for a total value 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 17.80% of the company’s stock.

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.