ClearfieldCLFD
Market Cap: 592M
About: Clearfield Inc mainly designs, manufactures, and distributes fiber protection, fiber management and fiber delivery solutions for communications networks. It provides a range of products including copper assemblies, cassettes, box enclosures, fiber connectors, frames, microduct, terminals, vaults, pedestal inserts, FieldSmart, WaveSmart, and CraftSmart. The company has a global presence with the majority of the revenue derived from the United States. The company has two reportable segments namely Clearfield segment and Nestor cables segment. The majority of revenue is derived from Clearfield segment.
Employees: 400
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
152% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $5.86M
10% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 42
0% more funds holding
Funds holding: 136 [Q4 2023] → 136 (+0) [Q1 2024]
0% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 26
0% less capital invested
Capital invested by funds: $293M [Q4 2023] → $292M (-$692K) [Q1 2024]
1.7% less ownership
Funds ownership: 66.09% [Q4 2023] → 64.39% (-1.7%) [Q1 2024]
Research analyst outlook
6 Wall Street Analysts provided 1 year price forecasts over the past 6 months
6 analyst ratings
Needham Ryan Koontz | 1%upside $42 | Buy Reiterated | 16 May 2024 |
Needham Ryan Koontz | 1%upside $42 | Buy Maintained | 3 May 2024 |
Roth MKM Scott Searle | 13%upside $47 | Buy Reiterated | 1 May 2024 |
Needham Ryan Koontz | 14%downside $36 | Buy Reiterated | 17 Apr 2024 |
Needham Ryan Koontz | 14%downside $36 | Buy Maintained | 2 Feb 2024 |