BlackRock Discloses 5.1% Stake in Clear Secure, Inc.
Ticker: YOU · Form: SC 13G · Filed: Jan 25, 2024 · CIK: 1856314
| Field | Detail |
|---|---|
| Company | Clear Secure, Inc. (YOU) |
| Form Type | SC 13G |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, insider-buy, passive-investment
TL;DR
**BlackRock just revealed a 5.1% stake in Clear Secure, Inc., a bullish sign from a big player.**
AI Summary
BlackRock Inc., a massive investment firm, reported on January 25, 2024, that as of December 31, 2023, it beneficially owns 5.1% of Clear Secure, Inc.'s Class A Common Stock. This means BlackRock holds 3,744,320 shares, giving them significant influence as a major shareholder. For investors, this indicates that a large, institutional player sees value in Clear Secure, Inc., potentially signaling confidence in the company's future.
Why It Matters
When a major institutional investor like BlackRock takes a significant stake, it often signals a vote of confidence in the company's prospects, which can positively influence other investors.
Risk Assessment
Risk Level: low — This filing indicates a large institutional investment, generally seen as a positive or neutral development, not a direct risk.
Analyst Insight
A smart investor would view BlackRock's significant stake as a positive signal, potentially prompting further research into Clear Secure, Inc.'s fundamentals and market position.
Key Numbers
- 5.1% — Ownership Percentage (BlackRock's stake in Clear Secure, Inc.'s Class A Common Stock)
- 3,744,320 — Shares Owned (Total Class A Common Stock shares beneficially owned by BlackRock Inc.)
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Clear Secure, Inc. (company) — the subject company whose stock is being reported
- 3,744,320 (dollar_amount) — number of shares beneficially owned by BlackRock Inc.
- 5.1% (dollar_amount) — percentage of Class A Common Stock owned by BlackRock Inc.
- December 31, 2023 (person) — date of the event requiring the filing
- January 25, 2024 (person) — date the SC 13G filing was made
Forward-Looking Statements
- Clear Secure, Inc. may see increased institutional investor interest. (Clear Secure, Inc.) — medium confidence, target: next 6-12 months
- BlackRock will likely maintain or slightly adjust its stake in Clear Secure, Inc. (BlackRock Inc.) — high confidence, target: next 12 months
FAQ
Who filed this SC 13G statement?
This SC 13G statement was filed by BlackRock, Inc., as indicated in the 'Names of reporting persons' section of the filing.
What company's stock is the subject of this filing?
The subject company for this filing is Clear Secure, Inc., as stated under 'Name of Issuer' in the Schedule 13G.
What percentage of Clear Secure, Inc.'s Class A Common Stock does BlackRock Inc. beneficially own?
BlackRock Inc. beneficially owns 5.1% of Clear Secure, Inc.'s Class A Common Stock, as derived from the filing's details.
How many shares of Class A Common Stock does BlackRock Inc. beneficially own?
BlackRock Inc. beneficially owns 3,744,320 shares of Clear Secure, Inc.'s Class A Common Stock, according to the filing.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as specified in the Schedule 13G.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on January 25, 2024 by December 31, 2023 regarding Clear Secure, Inc. (YOU).