On September 18, 2024, Alclear Investments II, LLC, a Director and 10% Owner, executed a significant transaction by selling 150,000 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 specializes in technology-driven identity verification services, primarily serving the travel and security sectors. The company's innovative solutions facilitate streamlined and secure user experiences at various checkpoints and access points.
Over the past year, Alclear Investments II, LLC has sold a total of 750,000 shares and has not made any purchases of the company's stock. This recent sale continues a trend observed in the insider transaction history for Clear Secure Inc, which shows a total of 22 insider sells and only 1 insider buy over the past year.
On the date of the sale, shares of Clear Secure Inc were trading at $33.04, resulting in a market cap of approximately $3.06 billion. The price-earnings ratio for the stock stands at 42.14, which is above the industry median of 26.145.
According to the GF Value, the intrinsic value of Clear Secure Inc is estimated at $41.47 per share, suggesting that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.8. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors and analysts who track insider behaviors as indicators of confidence levels in the company's future prospects.
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.
