Kenneth L. Cornick Sells 122,525 Shares of Clear Secure, Inc. (NYSE:YOU) Stock

Clear Secure, Inc. (NYSE:YOUGet Rating) CFO Kenneth L. Cornick sold 122,525 shares of the company’s stock in a transaction on Monday, November 21st. The shares were sold at an average price of $30.09, for a total value of $3,686,777.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Friday, November 18th, Kenneth L. Cornick sold 69,898 shares of Clear Secure stock. The shares were sold at an average price of $30.09, for a total value of $2,103,230.82.
  • On Wednesday, November 16th, Kenneth L. Cornick sold 40 shares of Clear Secure stock. The stock was sold at an average price of $30.00, for a total value 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 value of $238,909.61.

Clear Secure Stock Performance

Shares of YOU stock opened at $31.73 on Thursday. Clear Secure, Inc. has a fifty-two week low of $18.79 and a fifty-two week high of $35.08. The stock’s fifty day moving average price is $25.53 and its two-hundred day moving average price is $25.18. The company has a market cap of $4.76 billion, a PE ratio of -36.09 and a beta of 1.43.

Clear Secure Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Monday, November 28th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, November 25th. This represents a dividend yield of 0.84%.

Hedge Funds Weigh In On Clear Secure

Several hedge funds and other institutional investors have recently modified their holdings of the business. Commonwealth Equity Services LLC increased its stake in shares of Clear Secure by 1.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 28,887 shares of the company’s stock valued at $776,000 after purchasing an additional 358 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Clear Secure by 20.9% in the 3rd quarter. Royal Bank of Canada now owns 2,357 shares of the company’s stock valued at $54,000 after purchasing an additional 407 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Clear Secure by 14.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 6,616 shares of the company’s stock valued at $151,000 after purchasing an additional 812 shares during the last quarter. Advisor Group Holdings Inc. increased its stake in shares of Clear Secure by 12.9% in the 1st quarter. Advisor Group Holdings Inc. now owns 7,858 shares of the company’s stock valued at $210,000 after purchasing an additional 899 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Clear Secure by 10.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 11,537 shares of the company’s stock valued at $264,000 after purchasing an additional 1,082 shares during the last quarter. Institutional investors own 51.65% of the company’s stock.

Analyst Ratings Changes

Separately, Telsey Advisory Group reiterated an “outperform” rating on shares of Clear Secure in a research note 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.

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

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