Clear Secure, Inc. (NYSE:YOU) Director Alclear Investments Ii, Llc Sells 217,172 Shares of Stock

Clear Secure, Inc. (NYSE:YOUGet Rating) Director Alclear Investments Ii, Llc sold 217,172 shares of the stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $30.30, for a total transaction of $6,580,311.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Alclear Investments Ii, Llc also recently made the following trade(s):

  • On Tuesday, November 15th, Alclear Investments Ii, Llc sold 123,228 shares of Clear Secure stock. The stock was sold at an average price of $30.13, for a total transaction of $3,712,859.64.

Clear Secure Stock Performance

Shares of NYSE YOU opened at $31.73 on Thursday. The firm has a market cap of $4.76 billion, a PE ratio of -36.06 and a beta of 1.43. The firm has a fifty day moving average of $25.67 and a 200 day moving average of $25.22. Clear Secure, Inc. has a one year low of $18.79 and a one year high of $35.08.

Clear Secure Announces Dividend

The company also recently declared a dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Monday, November 28th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, November 25th. This represents a dividend yield of 0.84%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Durable Capital Partners LP lifted its position in Clear Secure by 25.5% in the first quarter. Durable Capital Partners LP now owns 10,751,370 shares of the company’s stock valued at $288,997,000 after buying an additional 2,184,428 shares during the last quarter. Lord Abbett & CO. LLC increased its stake in Clear Secure by 119.8% during the third quarter. Lord Abbett & CO. LLC now owns 3,721,008 shares of the company’s stock worth $85,062,000 after purchasing an additional 2,028,361 shares during the period. Vanguard Group Inc. increased its stake in Clear Secure by 143.5% during the first quarter. Vanguard Group Inc. now owns 3,258,957 shares of the company’s stock worth $87,601,000 after purchasing an additional 1,920,329 shares during the period. State Street Corp increased its stake in Clear Secure by 606.0% during the second quarter. State Street Corp now owns 1,007,168 shares of the company’s stock worth $20,143,000 after purchasing an additional 864,515 shares during the period. Finally, BlackRock Inc. increased its stake in Clear Secure by 22.2% during the third quarter. BlackRock Inc. now owns 4,544,085 shares of the company’s stock worth $103,875,000 after purchasing an additional 826,003 shares during the period. Institutional investors and hedge funds own 51.65% of the company’s stock.

Analysts Set New Price Targets

Separately, Telsey Advisory Group restated an “outperform” rating on shares of Clear Secure in a report on Tuesday, August 9th.

About Clear Secure

(Get Rating)

Clear Secure, Inc provides a member-centric secure identity platform in the United States. The company's secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking. It also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR app, a consumer-facing digital product that facilitates new user enrollment and member engagement from their mobile device.

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Insider Buying and Selling by Quarter for Clear Secure (NYSE:YOU)

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