Clearfield (NASDAQ:CLFD) Shares Gap Up – Here’s What Happened

27 May 2026, 12:55 by Scott Moore · The Cerbat Gem

Shares of Clearfield, Inc. (NASDAQ:CLFD – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $47.04, but opened at $50.00. Clearfield shares last traded at $49.6350, with a volume of 168,750 shares changing hands.

Analysts Set New Price Targets

A number of brokerages have recently commented on CLFD. Roth Mkm restated a “buy” rating and set a $44.00 target price on shares of Clearfield in a report on Monday, May 4th. Weiss Ratings cut shares of Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a report on Monday, May 11th. Finally, Zacks Research cut shares of Clearfield from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $43.75.

Read Our Latest Stock Report on Clearfield

Clearfield Stock Performance

The company’s 50-day moving average is $32.57 and its 200 day moving average is $31.21. The company has a market capitalization of $694.35 million, a PE ratio of -83.29 and a beta of 1.90.

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

Insider Buying and Selling

In related news, Director Walter Louis Jones, Jr. sold 2,391 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $46.05, for a total transaction of $110,105.55. Following the sale, 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 17.80% of the company’s stock.

Institutional Trading of Clearfield

A number of institutional investors have recently made changes to their positions in CLFD. Royal Bank of Canada boosted its holdings 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 valued at $8,020,000 after acquiring an additional 15,659 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted 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 valued at $215,000 after acquiring an additional 312 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Clearfield by 45.5% during the 1st quarter. Jane Street Group LLC now owns 20,136 shares of the communications equipment provider’s stock valued at $598,000 after acquiring an additional 6,294 shares during the last quarter. Strs Ohio purchased a new stake in shares of Clearfield during the 1st quarter valued at about $131,000. Finally, Rhumbline Advisers boosted its holdings in shares of Clearfield by 6.4% during the 2nd quarter. Rhumbline Advisers now owns 20,103 shares of the communications equipment provider’s stock valued at $873,000 after acquiring an additional 1,216 shares during the last quarter. Hedge funds and other institutional investors own 88.73% of the company’s stock.

Clearfield Company Profile

(Get Free Report)

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.