Perbak Capital Partners LLP Makes New $246,000 Investment in CLEAR Secure, Inc. $YOU

Key Points

• Perbak Capital Partners LLP acquired 9,497 shares of CLEAR Secure, Inc., valued at approximately $246,000, highlighting increased institutional interest in the company.
• Brokerage firms have adjusted their price targets for CLEAR Secure, with Goldman Sachs raising it from $33.00 to $37.00 and also giving it a "buy" rating.
• CLEAR Secure reported earnings per share of $0.26, exceeding analysts' expectations, alongside a 17.6% year-over-year revenue growth to $219.47 million.

Perbak Capital Partners LLP acquired a new stake in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 9,497 shares of the company's stock, valued at approximately $246,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Wellington Management Group LLP raised 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 buying an additional 1,422,999 shares in the last quarter. Durable Capital Partners LP bought a new position in shares of CLEAR Secure during the 1st quarter valued at $76,673,000. Copeland Capital Management LLC grew its holdings in shares of CLEAR Secure by 71.4% during the 1st quarter. Copeland Capital Management LLC now owns 1,976,459 shares of the company's stock valued at $51,210,000 after purchasing an additional 823,166 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of CLEAR Secure by 26.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,208,160 shares of the company's stock valued at $32,187,000 after purchasing an additional 252,555 shares during the last quarter. Finally, Nuveen LLC bought a new position in shares of CLEAR Secure during the 1st quarter valued at $30,862,000. Hedge funds and other institutional investors own 73.80% of the company's stock.

CLEAR Secure Price Performance

NYSE YOU traded down $0.60 during trading hours on Friday, reaching $34.93. 1,026,645 shares of the company's stock traded hands, compared to its average volume of 1,496,747. CLEAR Secure, Inc. has a 52-week low of $21.67 and a 52-week high of $38.88. The firm has a market cap of $4.64 billion, a PE ratio of 21.83 and a beta of 1.27. The firm has a 50-day simple moving average of $31.80 and a 200 day simple moving average of $27.55.

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

CLEAR Secure Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, September 10th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, September 10th. CLEAR Secure's dividend payout ratio (DPR) is 31.25%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on YOU shares. Telsey Advisory Group increased their target price on shares of CLEAR Secure from $32.00 to $37.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. 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 raised their price target on shares of CLEAR Secure from $23.00 to $25.00 and gave the stock an "underweight" rating in a report on Wednesday, August 6th. The Goldman Sachs Group raised their price target 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. Finally, Zacks Research raised shares of CLEAR Secure from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $33.00.

Insider Activity at CLEAR Secure

In related news, President Michael Z. Barkin sold 20,000 shares of CLEAR Secure stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $32.81, for a total transaction of $656,200.00. Following the completion of the transaction, the president directly owned 12,725 shares of the company's stock, valued at $417,507.25. This trade represents a 61.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Dennis W. Liu sold 5,000 shares of CLEAR Secure stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $33.60, for a total transaction of $168,000.00. Following the completion of the transaction, the chief accounting officer directly owned 13,923 shares of the company's stock, 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. Insiders sold a total of 61,027 shares of company stock valued at $2,043,243 in the last three months. Company insiders own 39.73% of the company's stock.

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.