Clear Secure, Inc. (NYSE:YOU – Get 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
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
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.
- Get a free copy of the StockNews.com research report on Clear Secure (YOU)
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