{
  "id": 18648037,
  "title": "Clear Secure director Alclear Investments sells $10.7 million in stock",
  "url": "https://urgent.news/2026/11/07/clear-secure-director-alclear-investments-sells-10-7-million-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-07T05:45:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/clear-secure-director-alclear-investments-sells-107-million-in-stock-93CH-5009693"
  },
  "original_language": "en",
  "account": "Alclear Investments, a director and 10% shareholder of Clear Secure Inc., divested a significant portion of the company's stock, selling $10.7 million worth of Class A common shares on November 4, 2026. The company's stock had shown impressive gains, rising 21% over the previous week and 57% in the past year, trading at $55.81, in line with InvestingPro's assessment of fair value. The sale comprised 165,395 shares purchased at an average price of $60.47, with individual transactions ranging between $60.00 and $60.99 per share. A subsequent 10,701 shares were sold at a weighted average price of $61.26, between $61.00 and $61.58 per share. On the same day, Alclear Investments completed a securities exchange, trading 176,096 non-voting Clear Secure Class C common units for an equivalent amount of Class A shares, which were then used to settle the previously mentioned transactions. Post these transactions, Alclear Investments retained ownership of 151,787 shares of Clear Secure's Class A stock. Concurrently, the company announced robust quarterly earnings, surpassing expectations with $0.52 earnings per share and $292.9 million in revenue, a 27.8% increase from the previous year. Adjusted EBITDA reached 35.5%, signaling strong financial health. This prompted a bullish upgrade from Goldman Sachs, which raised its price target to $80, from $66, and affirmed a Buy rating. The firm attributed this positive outlook to a successful member acquisition and retention strategy. In response, Alclear Investments' management increased its free cash flow forecast for 2026 to $490 million or more, underscoring the company's ongoing growth and operational prowess.",
  "summary": null,
  "key_points": [
    "Alclear Investments sold $10.7M in Clear Secure stock on Nov 4, 2026",
    "Stock rose 21% weekly, 57% yearly, trading at $55.81",
    "Management raised 2026 free cash flow forecast to $490M"
  ],
  "editors_take": "The major divestment by a significant shareholder following a period of substantial stock appreciation suggests a strategic decision to lock in gains despite the company's strong financial performance.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}