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

February 04, 2010 | 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 02/03/2010 at an average price of $2 a share.

Clearfield Inc. has a market cap of $23.5 million; its shares were traded at around $1.96 with a P/E ratio of 7 and P/S ratio of 1.

CLFD is in the portfolios of John Buckingham of Al Frank Asset Management, Inc..


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 4,700 shares of CLFD stock on 11/30/2009 at the average price of 3.15, the price of the stock has decreased by 37.78% since.

  • 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 37.78% 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 38.56% 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 37.78% 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 37.78% since.


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: 2.5/5 (2 votes)

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