The Vanguard Group, Inc. has recently announced that it has increased stake in Clear Secure Inc (NYSE:YOU) by 1.55%. After grabbing 9.02 million shares, the institutional investor is now in possession of 0.14 million shares of the Technology Company. The new investment brought the stake of investor firm to 10.02% having worth around $186.19 million. Moreover, BlackRock Fund Advisors increased its share by 0.1 million to have a control over 5.97 million shares. And Goldman Sachs Asset Management LP raised its holdings to 1.74 million shares by acquiring 3.76 million shares or 4.18% of the stake.
Clear Secure Inc (YOU) concluded trading on Wednesday at a closing price of $19.63, with 3.07 million shares of worth about $60.28 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.26% during that period and On Wednesday, January 24 the price saw a gain of about 2.51%. Currently the company’s common shares owned by public are about 87.76M shares, out of which, 83.78M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 37 times over the past 12 months. They bought 2,324,427 shares in 14 of the transactions. In 23 selling transactions, insiders dumped 8,198,005 shares.
Vanguard Total Stock Market ETF, iShares Russell 2000 ETF, and Vanguard Small Cap Index Fund are the top 3 mutual funds which are holding stakes in Clear Secure Inc Vanguard Total Stock Market ETF is currently holding 2.65 million shares of worth totaling $54.69 million. The company recently came buying 3103.0 shares which brought its stake up to 2.94% of the company’s outstanding shares. iShares Russell 2000 ETF sold 5922.0 shares, after which its hold over company’s outstanding shares shrunk to 2.49%, leaving 2.24 million shares with the mutual fund that have a worth of about $46.2 million. Vanguard Small Cap Index Fund, after selling 2.18 million shares, have now control over 2.42% of the stake in the company. It holds 10455.0 shares of worth $44.95 million.
However, the stock later moved at a day high price of 20.04, or with a gain of 2.51%. Stock saw a price change of -3.73% in past 5 days and over the past one month there was a price change of -9.29%. Year-to-date (YTD), YOU shares are showing a performance of -4.94% which decreased to -29.39% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.86 but also hit the highest price of $33.77 during that period. The average intraday trading volume for Clear Secure Inc shares is 1.18 million. The stock is currently trading -6.72% below its 20-day simple moving average (SMA20), while that difference is down -6.51% for SMA50 and it goes to -8.57% lower than SMA200.
The Vanguard Group, Inc. acquired 9.02 million shares of Clear Secure Inc having value of about $186.19 million. Data submitted at the U.S SEC by The Vanguard Group, Inc. revealed that the firm now holds 0.14 million shares in the company valued at close to $2709823.35, or have control over 1.55% stake in the company. Clear Secure Inc (NYSE: YOU) currently have 87.76M outstanding shares and institutions hold larger chunk of about 89.25% of that. Holding of mutual funds in the company is about 44.14% while other institutional holders and individual stake holders have control over 46.02% and 15.80% of the stake respectively.
The stock has a current market capitalization of $1.78B and its 3Y-monthly beta is at 1.54. PE ratio of stock for trailing 12 months is 797.97, while it has posted earnings per share of $0.02 in the same period. It has Quick Ratio of 1.63 while making debt-to-equity ratio of 0.47. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for YOU, volatility over the week remained 4.45% while standing at 3.80% over the month.
Analysts are in expectations that Clear Secure Inc (YOU) stock would likely to be making an EPS of $Youdao, Inc. in the current quarter, while forecast for next quarter EPS is $3.36 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $MS YOUNG ADVENTURE ENTERPRISE I which is $So-Young International Inc. – A at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $YOUGOV PLC ORD 0.2P in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 269.64% while it is estimated to increase by 23.89% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on December 20, 2023 offering an Underweight rating for the stock and assigned a target price of $20 to it.
