Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Clear Secure Inc shares valued at $150,000 were sold by Patterson Richard N. Jr. on Feb 14 ’24. At $20.00 per share, Patterson Richard N. Jr. sold 7,500 shares. The insider’s holdings dropped to 41,727 shares worth approximately $0.78 million following the completion of this transaction.
Also, Durable Capital Partners LP sold 2,640,735 shares, netting a total of over 66,726,857 in proceeds. Following the sale of shares at $25.27 each, the insider now holds 8,809,211 shares.
Before that, Durable Capital Partners LP had sold 26,642 shares from its account. In a trade valued at $656,106, the 10% Owner traded Clear Secure Inc shares for $24.63 each. Upon closing the transaction, the insider’s holdings decreased to 26,642 shares, worth approximately $215.37 million.
As published in a research note from Wells Fargo on December 20, 2023, Clear Secure Inc [YOU] has been rated down from an Equal weight to an Underweight and the price target has been revised to $20. Analysts at Goldman started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. Earlier on June 06, 2023, Wedbush initiated its rating. Their recommendation was “a Neutral” for YOU stock.
Analyzing YOU Stock Performance
During the last five days, there has been a drop of approximately -4.71%. Over the course of the year, Clear Secure Inc shares have dropped approximately -7.51%. Shares of the company reached a 52-week high of $22.57 on 01/12/24 and a 52-week low of $17.46 on 02/28/24. A 50-day SMA is recorded $19.50, while a 200-day SMA reached $20.43. Nevertheless, trading volume fell to 1.08 million shares from 1.19 million shares the previous day.
Support And Resistance Levels for Clear Secure Inc (YOU)
According to the 24-hour chart, there is a support level at 18.66, which, if violated, would cause prices to drop to 18.52. In the upper region, resistance lies at 19.08. The next price resistance is at 19.36. RSI (Relative Strength Index) is 43.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.80, which suggests the price will decrease in the coming days. Percent R is at 89.14%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
