40,216 Shares in CLEAR Secure, Inc. $YOU Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 40,216 shares of the company's stock, valued at approximately $1,116,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Durable Capital Partners LP purchased a new stake in CLEAR Secure during the 1st quarter worth about $76,673,000. Copeland Capital Management LLC increased its position in CLEAR Secure by 25.2% during the 2nd quarter. Copeland Capital Management LLC now owns 2,474,330 shares of the company's stock worth $68,687,000 after purchasing an additional 497,871 shares in the last quarter. Goldman Sachs Group Inc. increased its position in CLEAR Secure by 35.7% during 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. Nuveen LLC purchased a new stake in CLEAR Secure during the 1st quarter worth about $30,862,000. Finally, Northern Trust Corp increased its position in CLEAR Secure by 8.7% during the 1st quarter. Northern Trust Corp now owns 1,137,686 shares of the company's stock worth $29,477,000 after purchasing an additional 90,714 shares in the last quarter. Hedge funds and other institutional investors own 73.80% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on YOU shares. DA Davidson started coverage on CLEAR Secure in a research report on Tuesday, September 16th. They set a "buy" rating and a $45.00 price objective for the company. Telsey Advisory Group raised their price target on CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Zacks Research lowered CLEAR Secure from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 6th. Weiss Ratings reissued a "hold (c+)" rating on shares of CLEAR Secure in a research note on Wednesday, October 8th. Finally, The Goldman Sachs Group raised their price target on CLEAR Secure from $33.00 to $37.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $34.71.

CLEAR Secure Price Performance

NYSE YOU opened at $32.43 on Friday. The firm has a market capitalization of $4.31 billion, a P/E ratio of 20.27 and a beta of 1.24. CLEAR Secure, Inc. has a 1-year low of $21.67 and a 1-year high of $39.00. The business's 50-day simple moving average is $34.47 and its 200-day simple moving average is $29.64.

CLEAR Secure (NYSE:YOU - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.03. The business had revenue of $219.47 million for the quarter, compared to analyst estimates of $214.90 million. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.The company's revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.34 EPS. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that CLEAR Secure, Inc. will post 0.98 EPS for the current fiscal year.

CLEAR Secure Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Wednesday, September 10th. CLEAR Secure's payout ratio is currently 31.25%.

Insider Buying and Selling

In related news, CAO Dennis W. Liu sold 5,000 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $33.60, for a total transaction of $168,000.00. Following the transaction, the chief accounting officer directly owned 13,923 shares of the company's stock, valued at approximately $467,812.80. The trade was a 26.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Adam Wiener sold 8,000 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $33.02, for a total value of $264,160.00. Following the transaction, the director directly owned 193,634 shares in the company, valued at $6,393,794.68. This trade represents a 3.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 61,027 shares of company stock valued at $2,074,903. Corporate insiders own 39.73% of the company's stock.

CLEAR Secure Company Profile

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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