Insider Trends: Clearfield Insider Continues 90-Day Selling Trend
05:06 PM EDT, 05/10/2021 (MT Newswires) -- John P Hill, COO, sold 25,000 shares in Clearfield (CLFD) on May 06, 2021, for $950,500. Following the Form 4 filing with the SEC, Hill has 168,642 shares of the company, which have a market value of $6.59 million as of the prior-day closing price.
Over the last 90 days, prior to the date of this filing, there have been 8 insider transactions reported to the SEC for Clearfield. These transactions came from the activities of 6 separate insiders that resulted in a net disposition of 32,546 company shares. This compares with the preceding 90-day window of time where there were 13 transactions from 5 insiders that resulted in the net disposition of 64,193 shares.
This level of insider transactions is below that of the peer group average in the 79-company Communications & Networking peer group over the last 90-day period. Peer group activity averaged 120.1 transactions per company, and disposition of 14,575 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/796505/000079650521000013/xslF345X03/primary_doc.xml
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