Chairman of the Board of Clearfield Inc. (CLFD) Ronald G Roth buys 30,000 shares of CLFD on 11/17/2010 at an average price of $2.87 a share.

Clearfield Inc. has a market cap of $34.9 million; its shares were traded at around $2.91 with a P/E ratio of 29.1 and P/S ratio of 1.4.

CLFD is in the portfolios of John Buckingham of Al Frank Asset Management, Inc., Jim Simons of Renaissance Technologies LLC.


This is the insider trade history vs. stock price of CLFD. For the complete insider trading history of CLFD, click here.

Directors and Officers Recent Trades:

• Buy: Chairman of the Board Ronald G Roth bought 4,360 shares of CLFD stock on 08/31/2010 at the average price of 2.55. Ronald G Roth owns at least 1,017,165 shares after this. The price of the stock has increased by 14.12% since.


• Buy: Director Ronald G Roth bought 6,100 shares of CLFD stock on 08/27/2010 at the average price of 2.52. Ronald G Roth owns at least 1,012,805 shares after this. The price of the stock has increased by 15.48% since.


• Buy: Director Ronald G Roth bought 5,955 shares of CLFD stock on 08/12/2010 at the average price of 2.32. Ronald G Roth owns at least 1,006,705 shares after this. The price of the stock has increased by 25.43% since.


• Buy: Director Ronald G Roth bought 5,000 shares of CLFD stock on 08/06/2010 at the average price of 2.63. Ronald G Roth owns at least 1,000,750 shares after this. The price of the stock has increased by 10.65% since.


• Buy: Director Ronald G Roth bought 5,000 shares of CLFD stock on 08/06/2010 at the average price of 2.63. Ronald G Roth owns at least 1,005,750 shares after this. The price of the stock has increased by 10.65% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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