State Board of Administration of Florida Retirement System Takes $411,000 Position in Clear Secure, Inc. (NYSE:YOU)

State Board of Administration of Florida Retirement System bought a new stake in Clear Secure, Inc. (NYSE:YOUGet Rating) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 20,570 shares of the company’s stock, valued at approximately $411,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Qube Research & Technologies Ltd bought a new stake in shares of Clear Secure in the 1st quarter valued at about $1,215,000. Principal Financial Group Inc. lifted its stake in shares of Clear Secure by 13.0% in the 1st quarter. Principal Financial Group Inc. now owns 345,489 shares of the company’s stock valued at $9,287,000 after acquiring an additional 39,662 shares during the last quarter. Swiss National Bank lifted its stake in shares of Clear Secure by 115.0% in the 1st quarter. Swiss National Bank now owns 70,300 shares of the company’s stock valued at $1,890,000 after acquiring an additional 37,600 shares during the last quarter. Arizona State Retirement System bought a new stake in shares of Clear Secure in the 1st quarter valued at about $216,000. Finally, Blueshift Asset Management LLC purchased a new position in Clear Secure during the 1st quarter valued at about $221,000. Institutional investors own 51.65% of the company’s stock.

Insider Activity at Clear Secure

In other Clear Secure news, CFO Kenneth L. Cornick sold 7,961 shares of the company’s stock in a transaction that occurred on Monday, November 14th. The stock was sold at an average price of $30.01, for a total transaction of $238,909.61. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other Clear Secure news, CFO Kenneth L. Cornick sold 7,961 shares of the company’s stock in a transaction that occurred on Monday, November 14th. The stock was sold at an average price of $30.01, for a total transaction of $238,909.61. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Alclear Investments Ii, Llc sold 123,228 shares of the company’s stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of $30.13, for a total value of $3,712,859.64. The disclosure for this sale can be found here. Insiders have sold a total of 137,229 shares of company stock worth $4,127,089 in the last 90 days. Company insiders own 42.06% of the company’s stock.

Clear Secure Price Performance

Shares of NYSE:YOU opened at $29.77 on Monday. Clear Secure, Inc. has a 1 year low of $18.79 and a 1 year high of $39.87. The company has a market cap of $4.47 billion, a PE ratio of -33.83 and a beta of 1.43. The stock’s 50-day moving average is $25.30 and its 200 day moving average is $25.19.

Wall Street Analyst Weigh In

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

Clear Secure Company Profile

(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.

See Also

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Institutional Ownership by Quarter for Clear Secure (NYSE:YOU)

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