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Clearfield , Inc. (NASDAQ:CLFD), a company currently valued at $465 million and trading near its InvestingPro Fair Value, saw its Chief Operating Officer John P. Hill recently execute significant stock transactions, according to a filing with the Securities and Exchange Commission. On February 14 and February 19, Hill sold a total of 37,640 shares of Clearfield common stock. The shares were sold at a weighted average price range of $33.00 to $33.27, resulting in a total transaction value of approximately $1,245,192. According to InvestingPro data, the company maintains a strong financial position with more cash than debt on its balance sheet.
Following these sales, Hill retains ownership of 152,246 shares in the company. The transactions were executed in multiple trades, with the price per share ranging from $33.00 to $33.27. These sales reflect Hill’s ongoing management of his equity position in the company. For deeper insights into insider trading patterns and access to 8 additional exclusive ProTips about Clearfield, consider subscribing to InvestingPro, where you’ll find comprehensive analysis in our Pro Research Report.
In other recent news, Clearfield Inc. reported its first-quarter earnings for fiscal year 2025, revealing a net loss per share of $0.13, which exceeded analysts’ expectations of a $0.24 loss. The company’s revenue was $35.5 million, falling short of the forecasted $38.2 million. Despite the mixed results, Clearfield anticipates full-year net sales between $170 million and $185 million. The company also projects second-quarter net sales between $37 million and $40 million, with an expected net loss per share ranging from $0.16 to $0.21.
Clearfield highlighted new product launches and operational expansions, including a new facility in Estonia to boost micro duct production. The company emphasized its strategic focus on expanding its product line and operational capabilities, with the Clearfield segment experiencing a 6% growth. Analysts from firms like Needham and Northland Capital Markets have shown interest in Clearfield’s developments, with discussions around customer forecasts and potential impacts of tariffs on manufacturing. The company remains optimistic about its growth potential, expecting contributions from government programs like EACAM and BEAD in the coming years.
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