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Clearfield Inc. (CLFD) Chairman of the Board Ronald G Roth buys 20,000 Shares

February 24, 2011 | About:
insider

insider

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Chairman of the Board of Clearfield Inc. (CLFD) Ronald G Roth buys 20,000 shares of CLFD on 02/22/2011 at an average price of $5.15 a share.

Clearfield Inc. has a market cap of $62.1 million; its shares were traded at around $5.1699 with a P/E ratio of 34.5 and P/S ratio of 2.6.

Hedge Fund Gurus that owns CLFD: Jim Simons of Renaissance Technologies LLC.

CFO Recent Trades:


  • Sell: CFO Bruce G. Blackey sold 2,000 shares of CLFD stock on 02/15/2011 at the average price of 6.1. Bruce G. Blackey owns at least 5,610 shares after this. The price of the stock has decreased by 15.25% since.



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 30,000 shares of CLFD stock on 11/17/2010 at the average price of 2.87. Ronald G Roth owns at least 1,047,165 shares after this. The price of the stock has increased by 80.14% since.

  • 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.



For the complete insider trading history of CLFD, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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


Rating: 4.0/5 (2 votes)

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