11,812 Shares in CLEAR Secure, Inc. $YOU Bought by Gallacher Capital Management LLC

Key Points

• Gallacher Capital Management LLC acquired 11,812 shares of CLEAR Secure, Inc. (NYSE: YOU) valued at approximately $328,000 during the second quarter, highlighting growing institutional interest in the company.
• CLEAR Secure recently reported earnings per share of $0.26 for the last quarter, exceeding analysts' expectations, along with a revenue of $219.47 million, which reflects a 17.6% increase year-over-year.
• The company announced a quarterly dividend of $0.125, which will be paid to shareholders of record on September 10, representing a 1.3% dividend yield and a payout ratio of 31.25%.

Gallacher Capital Management LLC bought a new stake in CLEAR Secure, Inc. (NYSE:YOU - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,812 shares of the company's stock, valued at approximately $328,000.

Several other institutional investors and hedge funds have also bought and sold shares of YOU. Wellington Management Group LLP increased its position in shares of CLEAR Secure by 74.9% during the 4th quarter. Wellington Management Group LLP now owns 3,322,514 shares of the company's stock valued at $88,512,000 after purchasing an additional 1,422,999 shares during the last quarter. Durable Capital Partners LP bought a new stake in shares of CLEAR Secure during the 1st quarter valued at $76,673,000. Copeland Capital Management LLC increased its stake in shares of CLEAR Secure by 71.4% in the 1st quarter. Copeland Capital Management LLC now owns 1,976,459 shares of the company's stock worth $51,210,000 after purchasing an additional 823,166 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of CLEAR Secure by 35.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company's stock worth $42,320,000 after purchasing an additional 430,035 shares in the last quarter. Finally, Nuveen LLC bought a new position in CLEAR Secure in the 1st quarter worth $30,862,000. 73.80% of the stock is owned by hedge funds and other institutional investors.

CLEAR Secure Stock Performance

CLEAR Secure stock opened at $37.87 on Tuesday. The stock has a 50-day moving average of $32.79 and a two-hundred day moving average of $28.18. The stock has a market cap of $5.03 billion, a PE ratio of 23.67 and a beta of 1.27. CLEAR Secure, Inc. has a one year low of $21.67 and a one year high of $38.88.

CLEAR Secure (NYSE:YOU - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.03. The company had revenue of $219.47 million for the quarter, compared to the consensus estimate of $214.90 million. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. CLEAR Secure's revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.34 EPS. CLEAR Secure has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that CLEAR Secure, Inc. will post 0.98 EPS for the current fiscal year.

CLEAR Secure Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th will be paid a $0.125 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.3%. CLEAR Secure's dividend payout ratio is presently 31.25%.

Insider Buying and Selling at CLEAR Secure

In other CLEAR Secure news, President Michael Z. Barkin sold 20,000 shares of the company's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $32.81, for a total value of $656,200.00. Following the completion of the transaction, the president owned 12,725 shares in the company, valued at approximately $417,507.25. This represents a 61.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Dennis W. Liu sold 5,000 shares of the firm's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $33.60, for a total value of $168,000.00. Following the sale, the chief accounting officer owned 13,923 shares in the company, valued at $467,812.80. This trade represents a 26.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 61,027 shares of company stock worth $2,043,243. Insiders own 39.73% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on YOU. Stifel Nicolaus boosted their price objective on CLEAR Secure from $26.00 to $28.00 and gave the company a "hold" rating in a research note on Tuesday, July 29th. Wall Street Zen raised shares of CLEAR Secure from a "hold" rating to a "buy" rating in a report on Saturday, August 30th. Wells Fargo & Company increased their price objective on shares of CLEAR Secure from $23.00 to $25.00 and gave the stock an "underweight" rating in a research note on Wednesday, August 6th. Zacks Research upgraded shares of CLEAR Secure from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 29th. Finally, The Goldman Sachs Group upped their target price on shares of CLEAR Secure from $33.00 to $37.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $33.00.

About CLEAR Secure

Clear Secure, Inc operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members.

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