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Clearfield Inc. (CLFD) Chairman of the Board Ronald G Roth buys 4,700 Shares

November 30, 2009 | About:
insider

insider

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Chairman of the Board of Clearfield Inc. (CLFD) Ronald G Roth buys 4,700 shares of CLFD on 11/30/2009 at an average price of $3.15 a share.

CLEARFIELD INC., formerly APA Cables & Networks, designs and manufactures the FieldSmart fiber management platform, which includes its latest generation Fiber Distribution System and Fiber Scalability Center. The FDS and FSC product-lines support a wide range of panel configurations, densities, connectors and adapter options and is offered alongside an assortment of passive optical components. Clearfield also provides a complete line of fiber and copper assemblies for controlled and outside plant environments. Clearfield Inc. has a market cap of $35 million; its shares were traded at around $2.93 with a P/E ratio of 9.5 and P/S ratio of 1.4.

Insiders' Positions with CLFD


  • Buy:: Director Ronald G Roth bought 5,300 shares of CLFD stock on 11/27/2009 at the average price of 3.15, the price of the stock has decreased by 6.98% since

  • Buy:: Chairman of the Board Ronald G Roth bought 10,000 shares of CLFD stock on 11/19/2009 at the average price of 3.19, the price of the stock has decreased by 8.15% since

  • Buy:: Chairman of the Board Ronald G Roth bought 1,700 shares of CLFD stock on 08/31/2009 at the average price of 3.15, the price of the stock has decreased by 6.98% since

  • Buy:: Director Ronald G Roth bought 1,700 shares of CLFD stock on 08/31/2009 at the average price of 3.15, the price of the stock has decreased by 6.98% since

  • Buy:: Director Ronald G Roth bought 3,300 shares of CLFD stock on 08/28/2009 at the average price of 2.68, the price of the stock has increased by 9.33% since


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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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