ClearfieldCLFD
Market Cap: $520M
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 Q2 SEC filings by fund managers ($100M+ AUM)
370% more call options, than puts
Call options by funds: $12.2M | Put options by funds: $2.6M
19% more capital invested
Capital invested by funds: $295M [Q1] → $351M (+$55.9M) [Q2]
0% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 40
1.09% less ownership
Funds ownership: 65.11% [Q1] → 64.02% (-1.09%) [Q2]
4% less funds holding
Funds holding: 137 [Q1] → 131 (-6) [Q2]
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Needham Ryan Koontz 45% 1-year accuracy 40 / 88 met price target | 37%upside $50 | Buy Maintained | 5 Aug 2024 |
Northland Capital Markets Tim Savageaux 40% 1-year accuracy 4 / 10 met price target | 23%upside $45 | Outperform Maintained | 2 Aug 2024 |
Roth MKM Scott Searle 54% 1-year accuracy 20 / 37 met price target | 23%upside $45 | Buy Maintained | 2 Aug 2024 |