Published on 21 Sep 2023 on Simply Wall St. via Yahoo Finance
Key Insights
Given the large stake in the stock by institutions, Clearfield's stock price might be vulnerable to their trading decisions51% of the business is held by the top 8 shareholders Recent purchases by insiders
Every investor in Clearfield, Inc. (NASDAQ:CLFD) should be aware of the most powerful shareholder groups. With 68% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).