CLEAR Secure, Inc. (NYSE:YOU – Get Free Report) Director Adam Wiener sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $36.04, for a total value of $216,240.00. Following the completion of the sale, the director directly owned 187,634 shares of the company’s stock, valued at $6,762,329.36. This represents a 3.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Adam Wiener also recently made the following trade(s):
- On Wednesday, October 1st, Adam Wiener sold 8,000 shares of CLEAR Secure stock. The stock was sold at an average price of $33.02, for a total value of $264,160.00.
- On Thursday, August 21st, Adam Wiener sold 6,000 shares of CLEAR Secure stock. The stock was sold at an average price of $35.00, for a total value of $210,000.00.
CLEAR Secure Stock Performance
CLEAR Secure stock traded up $0.52 during midday trading on Monday, reaching $36.60. The company’s stock had a trading volume of 2,242,875 shares, compared to its average volume of 1,876,877. The firm has a market capitalization of $4.87 billion, a PE ratio of 22.32 and a beta of 1.23. CLEAR Secure, Inc. has a fifty-two week low of $21.67 and a fifty-two week high of $39.00. The stock’s 50 day simple moving average is $33.71 and its 200 day simple moving average is $30.16.
CLEAR Secure Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 10th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a yield of 1.4%. CLEAR Secure’s dividend payout ratio (DPR) is 30.49%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the stock. Telsey Advisory Group lifted their price target on shares of CLEAR Secure from $37.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CLEAR Secure in a report on Wednesday, October 8th. DA Davidson assumed coverage on CLEAR Secure in a report on Tuesday, September 16th. They issued a “buy” rating and a $45.00 target price on the stock. Zacks Research downgraded CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Wall Street Zen lowered shares of CLEAR Secure from a “buy” rating to a “hold” rating in a research report on Monday. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, CLEAR Secure has a consensus rating of “Hold” and an average price target of $39.33.
View Our Latest Stock Analysis on YOU
Institutional Investors Weigh In On CLEAR Secure
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. First Horizon Advisors Inc. grew its holdings in CLEAR Secure by 22.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,804 shares of the company’s stock valued at $50,000 after buying an additional 330 shares during the period. Personal CFO Solutions LLC raised its position in shares of CLEAR Secure by 3.3% in the 2nd quarter. Personal CFO Solutions LLC now owns 10,362 shares of the company’s stock worth $288,000 after buying an additional 332 shares during the period. GAMMA Investing LLC boosted its holdings in CLEAR Secure by 5.0% in the third quarter. GAMMA Investing LLC now owns 7,364 shares of the company’s stock valued at $246,000 after acquiring an additional 351 shares during the last quarter. Savant Capital LLC grew its position in CLEAR Secure by 1.1% during the second quarter. Savant Capital LLC now owns 34,508 shares of the company’s stock valued at $958,000 after acquiring an additional 370 shares during the period. Finally, Oak Associates Ltd. OH raised its holdings in shares of CLEAR Secure by 0.6% in the 2nd quarter. Oak Associates Ltd. OH now owns 66,706 shares of the company’s stock worth $1,852,000 after purchasing an additional 428 shares during the period. Hedge funds and other institutional investors own 73.80% of the company’s stock.
CLEAR Secure Company Profile
Clear Secure, Inc operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company 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 mobile app, which is used to enroll new members and improve the experience for existing members.
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