No insider purchase over the last 90 days. The latest was filed 18 Feb 2022.
Headquartered in Spokane, United States, Clearwater Paper Corp belongs to the Chemicals & Materials sector and traces its origins to 2008. Filings by its managers are published through SEC (Form 4). Over the twelve months to 18 October 2026, 20 filings were filed, from 8 insiders.
There is no open-market purchase to report; the filings show 1 sale worth €139k by 1 insider. The largest single trade was a sale of €139k by Bowden Steve M, published on 2 December 2025.
Filings reach the SEC (Form 4) feed a median of 4 days after the trade. Section 16 rules allow two business days to file each Form 4. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives.
For context, the typical company on the same exchange (median of 5,811 companies) published 19 filings over the same period, against 20 filings here. Over the whole record (from 2016), the tally stands at 1 purchase and 8 sales. On the fundamentals side, the SEC filing (10-K) for the period ending 31 December 2025 lists revenue at 1.56 bn USD and net income at -18.6 m USD.
Elsewhere in the same sector, our signals recently picked up insider purchases at Culp Inc. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analysts rate Clearwater Paper Corp Hold (neutral), based on 4 analysts. Average price target: US$21.50.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
25 of 116 declarations
Clearwater Paper Corp. (NYSE: CLW) is a United States-listed company traded on the NYSE, focused on paper-based packaging materials. The company is headquartered in Spokane, Washington, United States, and its principal executive offices are located there. Historically rooted in the broader pulp and paper industry, Clearwater Paper has increasingly sharpened its strategic focus on paperboard after completing the divestiture of its consumer products (tissue) business on November 1, 2024. That transaction materially simplified the group’s profile and reinforced its positioning as a more specialized packaging materials supplier.([sec.gov](https://www.sec.gov/Archives/edgar/data/1441236/000144123626000020/a2025clearwaterpaperars.pdf))
Today, Clearwater Paper’s core business is the production and sale of solid bleached sulfate (SBS) paperboard. SBS is a premium grade of paperboard used primarily in folding cartons, food service packaging, liquid packaging, cups and plates, and certain commercial printing applications. The company markets itself as a provider of high-quality, sustainable packaging solutions for North American converters, and it also offers custom sheeting and slitting services. According to its 2025 annual report, Clearwater Paper believes it is one of the five largest paperboard producers in North America, with roughly 11% of available production capacity in 2025. Its manufacturing footprint is concentrated in the continental United States, notably including Augusta, Georgia and Lewiston, Idaho.([sec.gov](https://www.sec.gov/Archives/edgar/data/1441236/000144123626000020/a2025clearwaterpaperars.pdf))
From a competitive standpoint, Clearwater Paper operates in a cyclical industry where pricing and volume are heavily influenced by supply-demand conditions, raw material costs, and end-market consumption trends. The company competes with much larger players such as Smurfit Westrock, Georgia-Pacific, Graphic Packaging, and Sappi. Its differentiation is based less on scale leadership than on being an independent, non-integrated supplier with a customer-centric value proposition. Management emphasizes product quality, customer service, and pricing discipline, while the company’s premium SBS offering is particularly relevant for higher-end folding carton uses such as pharmaceuticals, cosmetics, and other premium retail goods.([sec.gov](https://www.sec.gov/Archives/edgar/data/1441236/000144123626000020/a2025clearwaterpaperars.pdf))
Recent developments have been strategically important. Clearwater Paper completed the purchase of a paperboard manufacturing facility and associated business in Augusta, Georgia in May 2024, a move designed to strengthen its paperboard platform. It then completed the sale of its tissue business to Sofidel America Corp. on November 1, 2024, allowing management to focus resources on paperboard. In its February 2026 earnings release covering full-year 2025, the company reported net sales of about $1.6 billion, an improvement in Adjusted EBITDA, and meaningful cost reductions, while also noting that the paperboard market remained oversupplied. The company also highlighted ongoing integration work at Augusta, planned maintenance outages, and litigation/risk considerations tied to the Augusta facility.([ir.clearwaterpaper.com](https://ir.clearwaterpaper.com/investors/press-releases/news-details/2026/Clearwater-Paper-Reports-Fourth-Quarter-and-Year-End-2025-Results/default.aspx))
Purchases our model currently ranks for the recommendations list.
All recommendationsHeadquarters: Spokane, United States · Founded: 2008 · Wikipedia article
Source: Wikidata (CC0).
| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | 1.56 bn USD | -18.6 m USD | -1.15 USD | 10-K |
| Dec 2024 | 1.38 bn USD | 196.3 m USD | 11.70 USD | 10-K |
| Dec 2023 | 1.14 bn USD | 107.7 m USD | 6.30 USD | 10-K |
| Dec 2022 | 1.20 bn USD | 46.0 m USD | 2.68 USD | 10-K |
| Dec 2021 | 1.77 bn USD | -28.1 m USD | -1.67 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.