American Century Companies Inc. Grows Stake in CLEAR Secure, Inc. $YOU

American Century Companies Inc. grew its stake in CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 42.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,824 shares of the company's stock after buying an additional 17,636 shares during the quarter. American Century Companies Inc.'s holdings in CLEAR Secure were worth $1,524,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in YOU. Harbor Investment Advisory LLC bought a new position in shares of CLEAR Secure in the first quarter worth about $27,000. Fifth Third Bancorp boosted its stake in CLEAR Secure by 217.0% during the first quarter. Fifth Third Bancorp now owns 1,116 shares of the company's stock valued at $29,000 after buying an additional 764 shares during the last quarter. First Horizon Advisors Inc. boosted its stake in CLEAR Secure by 72.0% during the first quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company's stock valued at $38,000 after buying an additional 617 shares during the last quarter. GAMMA Investing LLC boosted its stake in CLEAR Secure by 546.5% during the first quarter. GAMMA Investing LLC now owns 7,234 shares of the company's stock valued at $187,000 after buying an additional 6,115 shares during the last quarter. Finally, Personal CFO Solutions LLC bought a new position in CLEAR Secure during the first quarter valued at approximately $260,000. Institutional investors own 73.80% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Wall Street Zen raised CLEAR Secure from a "hold" rating to a "buy" rating in a research note on Saturday, August 30th. Telsey Advisory Group increased their price target on CLEAR Secure from $32.00 to $37.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th. Stifel Nicolaus increased their price target on CLEAR Secure from $26.00 to $28.00 and gave the company a "hold" rating in a research note on Tuesday, July 29th. Wells Fargo & Company raised their price objective on CLEAR Secure from $23.00 to $25.00 and gave the company an "underweight" rating in a research note on Wednesday, August 6th. Finally, The Goldman Sachs Group raised their price objective on CLEAR Secure from $33.00 to $37.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $33.00.

Insider Transactions at CLEAR Secure

In other news, Director Adam Wiener sold 6,000 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $35.00, for a total value of $210,000.00. Following the sale, the director directly owned 201,634 shares in the company, valued at approximately $7,057,190. This represents a 2.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Michael Z. Barkin sold 16,050 shares of the firm's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $35.22, for a total value of $565,281.00. Following the transaction, the president owned 12,725 shares in the company, valued at $448,174.50. The trade was a 55.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 61,027 shares of company stock worth $2,043,243. 39.73% of the stock is currently owned by company insiders.

CLEAR Secure Trading Down 1.7%

Shares of NYSE YOU traded down $0.60 during midday trading on Friday, hitting $34.93. The company's stock had a trading volume of 1,026,645 shares, compared to its average volume of 1,496,747. The business's 50 day moving average is $31.80 and its two-hundred day moving average is $27.55. CLEAR Secure, Inc. has a 12-month low of $21.67 and a 12-month high of $38.88. The firm has a market cap of $4.64 billion, a P/E ratio of 21.83 and a beta of 1.27.

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 for the quarter, topping the consensus estimate of $0.23 by $0.03. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.The firm had revenue of $219.47 million for the quarter, compared to the consensus estimate of $214.90 million. During the same period in the prior year, the business posted $0.34 earnings per share. The company's revenue for the quarter was up 17.6% on a year-over-year basis. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, analysts predict that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal year.

CLEAR Secure Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, September 10th. CLEAR Secure's dividend payout ratio is presently 31.25%.

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.