27,175 Shares in CLEAR Secure, Inc. $YOU Acquired by Black Swift Group LLC

Key Points

• Black Swift Group LLC bought a new stake of 27,175 shares in CLEAR Secure (NYSE:YOU) in Q3, valued at about $907,000, while institutional investors collectively own 73.80% of the company.
• Insider selling has been notable: Lynn Haaland sold 15,533 shares and President Michael Z. Barkin sold 22,885 shares recently, with insiders offloading 135,020 shares worth $6.03M over the last 90 days while retaining 39.73% ownership.
• CLEAR reported quarterly EPS of $0.31 (in line) and revenue of $240.75M (+16.7% YoY), has a $6.17B market cap and a consensus analyst rating of "Hold" with a $51.57 target, and announced a special $0.20 dividend (ex-dividend March 10).

Black Swift Group LLC bought a new stake in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 27,175 shares of the company's stock, valued at approximately $907,000.

Several other hedge funds have also recently added to or reduced their stakes in YOU. First Horizon Advisors Inc. lifted its holdings in shares of CLEAR Secure by 22.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,804 shares of the company's stock worth $50,000 after purchasing an additional 330 shares in the last quarter. Personal CFO Solutions LLC increased its stake in CLEAR Secure by 3.3% during the 2nd quarter. Personal CFO Solutions LLC now owns 10,362 shares of the company's stock valued at $288,000 after purchasing an additional 332 shares in the last quarter. GAMMA Investing LLC raised its holdings in CLEAR Secure by 5.0% during the third quarter. GAMMA Investing LLC now owns 7,364 shares of the company's stock worth $246,000 after buying an additional 351 shares during the last quarter. Savant Capital LLC raised its holdings in CLEAR Secure by 1.1% during the second quarter. Savant Capital LLC now owns 34,508 shares of the company's stock worth $958,000 after buying an additional 370 shares during the last quarter. Finally, Oak Associates Ltd. OH lifted its stake in shares of CLEAR Secure by 0.6% in the second quarter. Oak Associates Ltd. OH now owns 66,706 shares of the company's stock valued at $1,852,000 after buying an additional 428 shares in the last quarter. Institutional investors own 73.80% of the company's stock.

Insiders Place Their Bets

In related news, insider Lynn Haaland sold 15,533 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $45.00, for a total transaction of $698,985.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Michael Z. Barkin sold 22,885 shares of CLEAR Secure stock in a transaction on Sunday, March 1st. The stock was sold at an average price of $48.22, for a total value of $1,103,514.70. Following the sale, the president owned 5,669 shares in the company, valued at $273,359.18. This trade represents a 80.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 135,020 shares of company stock worth $6,025,890 over the last 90 days. 39.73% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on YOU. Wall Street Zen cut shares of CLEAR Secure from a "buy" rating to a "hold" rating in a report on Monday, November 10th. Needham & Company LLC raised their price target on shares of CLEAR Secure from $45.00 to $60.00 and gave the company a "buy" rating in a research report on Monday, March 2nd. Zacks Research cut shares of CLEAR Secure from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 10th. Telsey Advisory Group boosted their price objective on CLEAR Secure from $45.00 to $55.00 and gave the stock an "outperform" rating in a report on Thursday, February 26th. Finally, DA Davidson increased their price objective on CLEAR Secure from $46.00 to $54.00 and gave the stock a "buy" rating in a research note on Thursday, February 26th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $51.57.

CLEAR Secure Price Performance

NYSE YOU opened at $46.31 on Friday. The company has a fifty day moving average price of $36.20 and a 200-day moving average price of $35.28. The firm has a market cap of $6.17 billion, a price-to-earnings ratio of 41.35 and a beta of 1.13. CLEAR Secure, Inc. has a 1 year low of $23.00 and a 1 year high of $50.46.

CLEAR Secure (NYSE:YOU - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.31 earnings per share for the quarter, meeting analysts' consensus estimates of $0.31. CLEAR Secure had a net margin of 12.12% and a return on equity of 70.08%. The company had revenue of $240.75 million for the quarter, compared to analyst estimates of $235.66 million. During the same period last year, the firm earned $0.91 earnings per share. The firm's revenue was up 16.7% on a year-over-year basis. On average, research analysts anticipate that CLEAR Secure, Inc. will post 0.98 EPS for the current fiscal year.

CLEAR Secure Dividend Announcement

The company also recently announced a special dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a dividend yield of 129.0%. CLEAR Secure's dividend payout ratio (DPR) is currently 44.64%.

CLEAR Secure Company Profile

CLEAR Secure, Inc operates a biometric identity platform designed to expedite identity verification for air travelers and venue guests. The company’s core offering is the CLEAR membership service, which uses fingerprint and iris scans to confirm a member’s identity and provide access to dedicated security lanes at participating airports. Members link government-issued IDs and personal biometric data via the CLEAR app, enabling faster processing through Transportation Security Administration (TSA) checkpoints and select event entrances.

Founded in 2010 by Caryn Seidman‐Becker and Ken Cornick, CLEAR is headquartered in New York City.

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