8,102 Shares in CLEAR Secure, Inc. $YOU Purchased by Park Avenue Securities LLC

Key Points

• Park Avenue Securities LLC acquired 8,102 shares of CLEAR Secure, Inc. valued at approximately $225,000 during the second quarter, demonstrating growing institutional interest in the company.
• A number of analysts have issued buy ratings for CLEAR Secure, with price targets ranging from $25.00 to $45.00, indicating positive market sentiment towards the stock.
• CLEAR Secure recently announced a quarterly dividend of $0.125, representing an annualized yield of 1.6%, showcasing the company's commitment to returning value to shareholders.

Park Avenue Securities LLC purchased a new stake in CLEAR Secure, Inc. (NYSE:YOU - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 8,102 shares of the company's stock, valued at approximately $225,000.

Other large investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. raised its stake in shares of CLEAR Secure by 329.5% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock valued at $25,000 after acquiring an additional 748 shares during the last quarter. Harbor Investment Advisory LLC acquired a new stake in CLEAR Secure during the 1st quarter valued at $27,000. Advisors Asset Management Inc. bought a new position in CLEAR Secure in the 1st quarter valued at $28,000. Fifth Third Bancorp boosted its stake in CLEAR Secure by 217.0% in the first quarter. Fifth Third Bancorp now owns 1,116 shares of the company's stock worth $29,000 after purchasing an additional 764 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in CLEAR Secure by 72.0% in the first quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company's stock worth $38,000 after purchasing an additional 617 shares in the last quarter. 73.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. DA Davidson assumed coverage on CLEAR Secure in a research note on Tuesday, September 16th. They issued a "buy" rating and a $45.00 target price for the company. The Goldman Sachs Group raised their price objective on shares of CLEAR Secure from $33.00 to $37.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Wells Fargo & Company upped their target price on shares of CLEAR Secure from $23.00 to $25.00 and gave the stock an "underweight" rating in a research report on Wednesday, August 6th. Zacks Research raised shares of CLEAR Secure from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 29th. Finally, Wall Street Zen raised shares of CLEAR Secure from a "hold" rating to a "buy" rating in a report on Saturday, August 30th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, CLEAR Secure currently has an average rating of "Moderate Buy" and an average price target of $34.71.

Insiders Place Their Bets

In other news, Director Adam Wiener sold 6,000 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $35.00, for a total transaction of $210,000.00. Following the completion of the transaction, the director directly owned 201,634 shares in the company, valued at approximately $7,057,190. The trade was a 2.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 sale, the president directly owned 12,725 shares of the company's stock, valued at approximately $417,507.25. This trade represents a 61.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 58,027 shares of company stock worth $1,960,743. Insiders own 39.73% of the company's stock.

CLEAR Secure Price Performance

Shares of NYSE YOU opened at $31.75 on Thursday. CLEAR Secure, Inc. has a fifty-two week low of $21.67 and a fifty-two week high of $39.00. The firm has a market capitalization of $4.22 billion, a P/E ratio of 19.84 and a beta of 1.24. The company's 50 day simple moving average is $34.44 and its 200 day simple moving average is $29.09.

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

CLEAR Secure Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 10th were paid a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.50 annualized dividend and a yield of 1.6%. CLEAR Secure's dividend payout ratio is presently 31.25%.

CLEAR Secure 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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