The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. 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 $6.05 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
On last trading session,, Clearfield Inc [NASDAQ: CLFD] rose 3.60% to $39.75. During the last five days, there has been a surge of approximately 0.54%. Over the course of the year, Clearfield Inc shares have jumped approximately 28.23%. 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.
Support And Resistance Levels for Clearfield Inc (CLFD)
According to the 24-hour chart, there is a support level at 38.50, which, if violated, would cause prices to drop to 37.24. In the upper region, resistance lies at 40.53. The next price resistance is at 41.30. RSI (Relative Strength Index) is 65.35 on the 14-day chart, showing neutral technical sentiment.
Which companies own the most shares of Clearfield Inc (CLFD)?
In terms of Clearfield Inc share price expectations, FactSet research, analysts set an average price target of 47 in the next 12 months, up nearly 22.49% from the previous closing price of $38.37. Analysts anticipate Clearfield Inc stock to reach 114 by 2025, with the lowest price target being 40. In spite of this, 3 analysts ranked Clearfield Inc stock as Buy at the end of 2025. On January 17, 2023, ROTH Capital assigned a price target of “a Buy” to the stock and initiated coverage with a $120.
