Clear Secure (NYSE:YOU) Stock Price Up 3.8%

Clear Secure, Inc. (NYSE:YOUGet Rating) shot up 3.8% during mid-day trading on Wednesday . The stock traded as high as $24.97 and last traded at $24.97. 4,432 shares were traded during trading, a decline of 100% from the average session volume of 1,258,333 shares. The stock had previously closed at $24.06.

Analyst Ratings Changes

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

Clear Secure Trading Down 1.8 %

The company has a fifty day simple moving average of $25.25 and a two-hundred day simple moving average of $25.39.

Insider Activity

In related news, Director Alclear Investments Ii, Llc sold 39,556 shares of the stock in a transaction that occurred on Monday, August 15th. The stock was sold at an average price of $30.16, for a total transaction of $1,193,008.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Clear Secure news, Director Alclear Investments Ii, Llc sold 39,556 shares of the company’s stock in a transaction that occurred on Monday, August 15th. The stock was sold at an average price of $30.16, for a total transaction of $1,193,008.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kenneth L. Cornick sold 77,291 shares of the company’s stock in a transaction that occurred on Tuesday, August 16th. The stock was sold at an average price of $30.04, for a total value of $2,321,821.64. The disclosure for this sale can be found here. Insiders sold a total of 392,701 shares of company stock valued at $11,359,041 in the last ninety days. 42.06% of the stock is owned by insiders.

Hedge Funds Weigh In On Clear Secure

A number of large investors have recently bought and sold shares of YOU. HighMark Wealth Management LLC acquired a new position in Clear Secure during the 1st quarter worth approximately $27,000. Nisa Investment Advisors LLC acquired a new stake in shares of Clear Secure in the 2nd quarter valued at approximately $32,000. Point72 Hong Kong Ltd acquired a new stake in shares of Clear Secure in the 2nd quarter valued at approximately $45,000. Rockefeller Capital Management L.P. boosted its holdings in shares of Clear Secure by 611.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,133 shares of the company’s stock valued at $66,000 after buying an additional 1,833 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Clear Secure in the 2nd quarter valued at approximately $73,000. Institutional investors and hedge funds own 51.65% of the company’s stock.

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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