Clearfield Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGM:CLFD Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
19 Feb 25	SellUS$1,245,192	John Hill	Individual	37,640	US$33.10
12 Feb 25	SellUS$550,087	John Hill	Individual	16,539	US$33.26
05 Dec 24	BuyUS$155,000	Ronald Roth	Individual	5,000	US$31.00

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of CLFD?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,413,077	17.5%
General Public	2,963,449	21.5%
Institutions	8,429,523	61.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 65.54% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.5%	Ronald Roth	1,446,024	US$51.9m	0%	no data
6.99%	BlackRock, Inc.	965,640	US$34.7m	-6.68%	no data
6.78%	The Vanguard Group, Inc.	935,865	US$33.6m	-1.7%	no data
5.52%	Mairs and Power, Inc.	762,234	US$27.4m	-10.6%	0.25%
4.53%	ACK Asset Management LLC	625,200	US$22.5m	-9.02%	2.59%
3.48%	Cheryl Beranek	480,004	US$17.2m	2.93%	no data
3.39%	Royce & Associates, LP	468,139	US$16.8m	-3.48%	0.15%
2.44%	Dimensional Fund Advisors LP	337,545	US$12.1m	-0.72%	no data
2.27%	Citadel Advisors LLC	312,902	US$11.2m	78%	0.01%
2.03%	Geode Capital Management, LLC	280,077	US$10.1m	-3.2%	no data
1.93%	State Street Global Advisors, Inc.	266,746	US$9.6m	-11.5%	no data
1.86%	Royal Bank of Canada	256,673	US$9.2m	-4.85%	no data
1.67%	G2 Investment Partners Management LLC	230,869	US$8.3m	0%	1.6%
1.53%	JP Morgan Asset Management	211,889	US$7.6m	-7.29%	no data
1.28%	Punch & Associates Investment Management, Inc.	177,000	US$6.4m	0%	0.38%
1.24%	Marshall Wace LLP	170,920	US$6.1m	-8.93%	0.01%
1.24%	Select Equity Group, L.P.	170,781	US$6.1m	-3.13%	0.02%
1.21%	John Hill	167,125	US$6.0m	9.42%	no data
1.03%	Charles Hayssen	142,328	US$5.1m	0%	no data
0.94%	D. E. Shaw & Co., L.P.	129,817	US$4.7m	17.8%	no data
0.81%	Dana Investment Advisors Inc	111,840	US$4.0m	-1.55%	0.12%
0.78%	Northern Trust Global Investments	107,596	US$3.9m	-12.4%	no data
0.77%	UBS Asset Management AG	106,905	US$3.8m	-20.1%	no data
0.68%	Charles Schwab Investment Management, Inc.	94,391	US$3.4m	-1.5%	no data
0.65%	Barclays PLC	89,314	US$3.2m	6.22%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/09 12:25
End of Day Share Price	2025/10/09 00:00
Earnings	2025/06/30
Annual Earnings	2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Clearfield, Inc. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Daniel Amir	Ladenburg Thalmann & Company
Jaeson Allen Schmidt	Lake Street Capital Markets, LLC
Ryan Koontz	Needham & Company