Clear Secure, Inc. (NYSE:YOU) CFO Kenneth L. Cornick Sells 69,898 Shares

Clear Secure, Inc. (NYSE:YOUGet Rating) CFO Kenneth L. Cornick sold 69,898 shares of the stock in a transaction on Friday, November 18th. The stock was sold at an average price of $30.09, for a total value of $2,103,230.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kenneth L. Cornick also recently made the following trade(s):

  • On Wednesday, November 16th, Kenneth L. Cornick sold 40 shares of Clear Secure stock. The shares were sold at an average price of $30.00, for a total transaction of $1,200.00.
  • On Monday, November 14th, Kenneth L. Cornick sold 7,961 shares of Clear Secure stock. The shares were sold at an average price of $30.01, for a total transaction of $238,909.61.

Clear Secure Stock Up 0.8 %

Shares of YOU opened at $30.01 on Tuesday. The company has a market cap of $4.50 billion, a price-to-earnings ratio of -34.10 and a beta of 1.43. Clear Secure, Inc. has a twelve month low of $18.79 and a twelve month high of $39.03. The company has a 50 day moving average of $25.30 and a two-hundred day moving average of $25.15.

Clear Secure Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Monday, November 28th will be paid 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%.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Clear Secure

Several institutional investors and hedge funds have recently made changes to their positions in YOU. Durable Capital Partners LP lifted its position in Clear Secure by 25.5% during the first quarter. Durable Capital Partners LP now owns 10,751,370 shares of the company’s stock valued at $288,997,000 after purchasing an additional 2,184,428 shares during the period. Vanguard Group Inc. lifted its position in Clear Secure by 20.8% during the third quarter. Vanguard Group Inc. now owns 7,182,400 shares of the company’s stock valued at $164,189,000 after purchasing an additional 1,238,353 shares during the period. BlackRock Inc. lifted its position in Clear Secure by 22.2% during the third quarter. BlackRock Inc. now owns 4,544,085 shares of the company’s stock valued at $103,875,000 after purchasing an additional 826,003 shares during the period. Lord Abbett & CO. LLC lifted its position 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 valued at $85,062,000 after purchasing an additional 2,028,361 shares during the period. Finally, Capital World Investors lifted its position in Clear Secure by 10.6% during the first quarter. Capital World Investors now owns 2,082,666 shares of the company’s stock valued at $55,982,000 after purchasing an additional 200,000 shares during the period. 51.65% of the stock is currently owned by institutional investors and hedge funds.

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.

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

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