Clearfield, Inc. (CLFD) Files Form 4 Insider Buying : Patrick Goepel Buys 1,250 Shares

Clearfield, Inc. (CLFD): Patrick Goepel , director of Clearfield, Inc. purchased 1,250 shares on May 3, 2016. The Insider buying transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were purchased at $18.60 per share for a total value of $23,250.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 9, 2016, Stephen L Zuckerman (director) sold 2,000 shares at $13.58 per share price.On Feb 5, 2016, Ronald G Roth (director 10% owner other) purchased 5,000 shares at $13.56 per share price.Also, On Feb 5, 2016, Patrick Goepel (director) purchased 1,000 shares at $14.07 per share price.On Nov 18, 2015, Charles N Hayssen (director) purchased 3,000 shares at $12.01 per share price.

Shares of Clearfield Inc (CLFD) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.39 points or -2.09% at $18.25 with 51,157 shares getting traded. Post opening the session at $18.6, the shares hit an intraday low of $18.13 and an intraday high of $18.69 and the price vacillated in this range throughout the day. The company has a market cap of $250 M and the number of outstanding shares has been calculated to be 1,37,04,995 shares. The 52-week high of Clearfield Inc is $20.28 and the 52-week low is $11.59.

Clearfield Inc Money Flow Index Chart

Clearfield Inc. (Clearfield) manufactures markets and sells an end-to-end fiber management and enclosure platform that consolidates distributes and protects fiber as it moves from the inside plant to the outside plant and all the way to the home business and cell site. The Company has extends this product line with a fiber delivery platform of optical cable connectors and microduct that delivers fiber to environments previously not economically or environmentally viable. The Company has established as a value-added supplier to its target market of broadband service providers including independent local exchange carriers (telephone) multiple service operators (cable) wireless service providers non-traditional providers and municipal-owned utilities. The Company deploys a hybrid sales model with some sales made directly to the customer some made through two-tier distribution partners and some sales through original equipment suppliers who private label its products.

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