Clearfield Inc (NASDAQ:CLFD) Institutional Investors Sentiment Falls in 2018 Q3

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Sentiment for Clearfield Inc (NASDAQ:CLFD)

Clearfield Inc (NASDAQ:CLFD) institutional sentiment decreased to 1.06 in 2018 Q3. Its down -0.30, from 1.36 in 2018Q2. The ratio dropped, as 18 investment professionals opened new or increased stock positions, while 17 trimmed and sold holdings in Clearfield Inc. The investment professionals in our partner’s database now own: 3.74 million shares, down from 3.77 million shares in 2018Q2. Also, the number of investment professionals holding Clearfield Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 13 Increased: 13 New Position: 5.

Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises , large enterprises, and original equipment manufacturers markets in the United States. The company has market cap of $147.64 million. The firm offers Clearview cassette, a main building block of the companyÂ’s product platform; Clearview Classic and Clearview Blue, a system with five parts that nest together in the cassetteÂ’s main housing to support a range of applications; Clearview xPAK to land small port count fiber terminations and optical components; and fiber deep for cable-to-cable deployment, as well as packages optical components for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform. It has a 34.03 P/E ratio. The Company’s products also include Fieldsmart Fiber Crossover Distribution System and FieldSmart FxHD for fiber management modularity and scalability; FieldSmart Fiber Scalability Center, a modular and scalable outside plant cabinet that allows rollout of FTTP services; FieldSmart Fiber Delivery Point, a series of enclosure systems that incorporates the delivery of fiber connectivity to the neighborhood or business district; and FieldSmart Small Count Delivery, an enclosure systems that are packaged to make landing small count fiber cost-effective and efficient.

The stock decreased 1.10% or $0.12 during the last trading session, reaching $10.82. About 258 shares traded. Clearfield, Inc. (NASDAQ:CLFD) has declined 12.11% since January 14, 2018 and is downtrending. It has underperformed by 12.11% the S&P500.

Analysts await Clearfield, Inc. (NASDAQ:CLFD) to report earnings on January, 24. They expect $0.05 earnings per share, down 28.57 % or $0.02 from last year’s $0.07 per share. CLFD’s profit will be $682,255 for 54.10 P/E if the $0.05 EPS becomes a reality. After $0.14 actual earnings per share reported by Clearfield, Inc. for the previous quarter, Wall Street now forecasts -64.29 % negative EPS growth.

Thomson Horstmann & Bryant Inc holds 0.66% of its portfolio in Clearfield, Inc. for 401,634 shares. Thompson Davis & Co. Inc. owns 750 shares or 0.02% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 68,000 shares. The New York-based Renaissance Technologies Llc has invested 0.01% in the stock. American International Group Inc, a New York-based fund reported 7,453 shares.

More notable recent Clearfield, Inc. (NASDAQ:CLFD) news were published by: Nasdaq.com which released: “Positive Revenue Surprises Lag Previous Quarter Levels – Nasdaq” on April 20, 2018, also Benzinga.com with their article: “Benzinga Market Summary (BZSUM), Clearfield, Inc. (NASDAQ:CLFD) – US Markets Trade Flat; Liberty Media Shares Surge On Senior Note Conversation Rate Change – Benzinga” published on July 24, 2014, Seekingalpha.com published: “Intevac: Mean Reverting Value With Material Growth Opportunities – Seeking Alpha” on July 03, 2018. More interesting news about Clearfield, Inc. (NASDAQ:CLFD) were released by: Nasdaq.com and their article: “Arista (ANET) Surpasses Q2 Earnings & Revenue Estimates – Nasdaq” published on August 03, 2018 as well as Businesswire.com‘s news article titled: “Clearfield® Enhances Functionality of its Full Fiber Distribution Cabinet Line – Business Wire” with publication date: April 03, 2018.

Clearfield, Inc. (NASDAQ:CLFD) Institutional Positions Chart

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