In a filing, Clear Secure Inc revealed its CISO Patterson Richard N. Jr. unloaded Company’s shares for reported $0.15 million on Feb 14 ’24. In the deal valued at $20.00 per share,7,500 shares were sold. As a result of this transaction, Patterson Richard N. Jr. now holds 41,727 shares worth roughly $0.84 million.
Then, Durable Capital Partners LP sold 2,640,735 shares, generating $66,726,857 in total proceeds. Upon selling the shares at $25.27, the 10% Owner now owns 8,809,211 shares.
Before that, Durable Capital Partners LP sold 26,642 shares. Clear Secure Inc shares valued at $656,106 were divested by the 10% Owner at a price of $24.63 per share. As a result of the transaction, Durable Capital Partners LP now holds 11,449,946 shares, worth roughly $230.83 million.
Wells Fargo downgraded its Clear Secure Inc [YOU] rating to an Underweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. Wedbush started covering the stock on June 06, 2023. It rated YOU as “a Neutral”.
Price Performance Review of YOU
On Tuesday, Clear Secure Inc [NYSE:YOU] saw its stock jump 2.13% to $20.16. Over the last five days, the stock has gained 3.54%. Clear Secure Inc shares have fallen nearly -0.87% since the year began. Nevertheless, the stocks have fallen -10.45% over the past one year. While a 52-week high of $26.59 was reached on 01/12/24, a 52-week low of $14.64 was recorded on 02/28/24. SMA at 50 days reached $19.55, while 200 days put it at $20.55. A total of 1.09 million shares were traded, compared to the trading of 1.04 million shares in the previous session.
Levels Of Support And Resistance For YOU Stock
The 24-hour chart illustrates a support level at 19.81, which if violated will result in even more drops to 19.47. On the upside, there is a resistance level at 20.39. A further resistance level may holdings at 20.63. The Relative Strength Index (RSI) on the 14-day chart is 54.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.03%. Stochastics %K at 29.21% indicates the stock is a holding.
How much short interest is there in Clear Secure Inc?
A steep rise in short interest was recorded in Clear Secure Inc stocks on Mar 15, 2024, growing by 1.57 million shares to a total of 12.2 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 10.63 million shares. There was a rise of 12.87%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 20.35% of the overall stock float, the days-to-cover ratio (short ratio) rose to 6.24.
