Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Clear Secure Inc shares valued at $5,112,000 were sold by Alclear Investments II, LLC on Oct 11 ’24. At $34.08 per share, Alclear Investments II, LLC sold 150,000 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
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Also, Cornick Kenneth L. sold 150,000 shares, netting a total of over 5,112,000 in proceeds. Following the sale of shares at $34.08 each, the insider now holds 0 shares.
Before that, Alclear Investments II, LLC had sold 150,000 shares from its account. In a trade valued at $4,956,000, the Director traded Clear Secure Inc shares for $33.04 each. Upon closing the transaction, the insider’s holdings decreased to 150,000 shares, worth approximately $0.0.
As published in a research note from Needham on October 17, 2024, Clear Secure Inc [YOU] has been retained to a Buy and the price target has been revised to $45. Analysts at Wells Fargo downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid December. As of October 17, 2023, Goldman has initiated its “Buy” rating for YOU.
Analyzing YOU Stock Performance
During the last five days, there has been a surge of approximately 2.32%. Over the course of the year, Clear Secure Inc shares have jumped approximately 34.19%. Shares of the company reached a 52-week high of $38.88 on 11/06/24 and a 52-week low of $16.05 on 05/08/24. A 50-day SMA is recorded $30.05, while a 200-day SMA reached $24.38. Nevertheless, trading volume fell to 0.54 million shares from 1.07 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 26.84, which, if violated, would cause prices to drop to 26.40. In the upper region, resistance lies at 27.57. The next price resistance is at 27.86. RSI (Relative Strength Index) is 49.27 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.14, which suggests the price will decrease in the coming days. Percent R is at 32.74%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
