On September 16, 2024, Alclear Investments II, LLC, a Director and 10% Owner, sold 122,579 shares of Clear Secure Inc (YOU, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 0 shares of the company.
Clear Secure Inc (YOU, Financial) specializes in security and identity verification technologies, providing streamlined security processes for various sectors including airports and venues. The company's innovative approach aims to enhance customer experience while ensuring high security standards.
Over the past year, Alclear Investments II, LLC has engaged in multiple transactions involving shares of Clear Secure Inc, selling a total of 350,000 shares and making no purchases. This recent sale is part of a broader trend observed within the company, where there have been 18 insider sells and only 1 insider buy over the same period.
As of the date of the transaction, shares of Clear Secure Inc were priced at $31.04, valuing the company with a market cap of approximately $3.025 billion. The price-earnings ratio stood at 41.63, above the industry median of 25.9 but below the company's historical median.
The GF Value of Clear Secure Inc is estimated at $41.47, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.75. This valuation is supported by historical trading multiples, adjustments based on past performance, and future business performance estimates.
This insider sale and the current valuation metrics provide important data points for investors monitoring Clear Secure Inc's stock performance and insider activities.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
