Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Clearfield Inc shares valued at $788,078 were sold by Hill John P on Feb 19 ’25. At $33.10 per share, Hill John P sold 23,809 shares. The insider’s holdings dropped to 152,246 shares worth approximately $4.04 million following the completion of this transaction.
Also, Hill John P sold 13,831 shares, netting a total of over 457,115 in proceeds. Following the sale of shares at $33.05 each, the insider now holds 176,055 shares.
Before that, Hill John P had added 23,809 shares to its account. In a trade valued at $785,670, the Officer bought Clearfield Inc shares for $33.00 each.
As published in a research note from Lake Street on August 02, 2024, Clearfield Inc [CLFD] has been rated up from a Hold to a Buy and the price target has been revised to $47 from $31. Analysts at Northland Capital upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in early May. As of August 04, 2023, Northland Capital has decreased its “an Outperform” rating to a “Market perform” for CLFD. Earlier on May 05, 2023, Lake Street downgraded its rating. Their new recommendation was “a Hold” for CLFD stock which previously was a “a Buy”.
Analyzing CLFD Stock Performance
During the last five days, there has been a surge of approximately 1.11%. Over the course of the year, Clearfield Inc shares have dropped approximately -14.48%. Shares of the company reached a 52-week high of $41.49 on 01/24/25 and a 52-week low of $23.78 on 04/07/25. A 50-day SMA is recorded $30.26, while a 200-day SMA reached $34.78.
Support And Resistance Levels for Clearfield Inc (CLFD)
According to the 24-hour chart, there is a support level at 26.07, which, if violated, would cause prices to drop to 25.63. In the upper region, resistance lies at 27.15. The next price resistance is at 27.79. RSI (Relative Strength Index) is 38.27 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.40, which suggests the price will decrease in the coming days. Percent R is at 55.25%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
