On September 17, 2024, Alclear Investments II, LLC, a Director and 10% Owner, executed a significant transaction by selling 250,000 shares of Clear Secure Inc (YOU, Financial). The sale was documented in a recent SEC Filing. Following this transaction, the insider now owns 0 shares of the company.
Clear Secure Inc operates in the technology sector, providing secure identity verification services primarily in the United States. The company's solutions are used in various security and facilitation processes, enhancing the customer experience while ensuring compliance with regulatory requirements.
The transaction occurred with the stock priced at $32.3 per share, valuing the sale at approximately $8,075,000. This price reflects a market cap of $3.062 billion for Clear Secure Inc.
The price-earnings ratio of Clear Secure Inc stands at 42.14, which is above the industry median of 25.83. This ratio suggests a premium compared to the industry average.
According to GF Value, the stock is considered Modestly Undervalued with a GF Value of $41.47, indicating potential for price appreciation based on intrinsic value calculations that consider historical trading multiples, an adjustment factor based on past performance, and future business projections.
Over the past year, Alclear Investments II, LLC has sold a total of 600,000 shares and has not purchased any shares. This recent sale is part of a broader trend observed in the company, where insider sells have outnumbered buys, with 20 sells and only 1 buy over the same period.
This insider activity could be of interest to investors monitoring insider behaviors as indicators of company performance and future stock movements. The data provided here is factual, based on SEC filings and historical trading information.
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.
