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Insider Trends: Clearfield Insider Continues 90-Day Selling Trend

05/10/2021 13:15

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

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.