Campbell Newman Asset Management Inc. Invests $1.36 Million in CLEAR Secure, Inc. $YOU

Key Points

• Campbell Newman Asset Management opened a new position in CLEAR Secure, buying 38,881 shares worth about $1.36 million in Q4, and other institutions also added exposure — institutional ownership now stands at 73.8%.
• Significant insider selling occurred recently: insiders sold 97,488 shares worth $4.58 million over the past 90 days (including CAO Dennis Liu and President Michael Barkin), leaving insiders with 39.73% ownership.
• Analysts’ consensus is a "Hold" with an average target of $53.14 after several firms raised price targets; the company reported Q4 EPS of $0.31 (in line) and revenue of $240.75M (up 16.7% YoY) and paid a $0.20 special dividend.

Campbell Newman Asset Management Inc. purchased a new position in CLEAR Secure, Inc. (NYSE:YOU - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 38,881 shares of the company's stock, valued at approximately $1,364,000.

A number of other hedge funds have also made changes to their positions in the stock. Vest Financial LLC raised its position in CLEAR Secure by 17.7% during the third quarter. Vest Financial LLC now owns 196,667 shares of the company's stock valued at $6,565,000 after acquiring an additional 29,527 shares in the last quarter. Black Swift Group LLC bought a new position in CLEAR Secure during the third quarter valued at approximately $907,000. First Trust Advisors LP raised its position in CLEAR Secure by 1.2% during the third quarter. First Trust Advisors LP now owns 3,063,062 shares of the company's stock valued at $102,245,000 after acquiring an additional 35,304 shares in the last quarter. CWA Asset Management Group LLC raised its position in CLEAR Secure by 210.8% during the fourth quarter. CWA Asset Management Group LLC now owns 61,169 shares of the company's stock valued at $2,146,000 after acquiring an additional 41,485 shares in the last quarter. Finally, Versor Investments LP bought a new position in CLEAR Secure during the third quarter valued at approximately $1,152,000. 73.80% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Dennis W. Liu sold 7,950 shares of CLEAR Secure stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $48.57, for a total value of $386,131.50. Following the transaction, the chief accounting officer owned 10,960 shares of the company's stock, valued at $532,327.20. This trade represents a 42.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Michael Z. Barkin sold 22,885 shares of the business's stock in a transaction on Sunday, March 1st. The stock was sold at an average price of $48.22, for a total transaction of $1,103,514.70. Following the transaction, the president directly owned 5,669 shares in the company, valued at $273,359.18. This trade represents a 80.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 97,488 shares of company stock worth $4,579,078. 39.73% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on YOU shares. Wells Fargo & Company raised their price objective on shares of CLEAR Secure from $29.00 to $33.00 and gave the company an "underweight" rating in a research report on Thursday, February 26th. Telsey Advisory Group raised their price objective on shares of CLEAR Secure from $45.00 to $55.00 and gave the company an "outperform" rating in a research report on Thursday, February 26th. Needham & Company LLC raised their price objective 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. Weiss Ratings lowered shares of CLEAR Secure from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, February 3rd. Finally, Stifel Nicolaus raised their price objective on shares of CLEAR Secure from $38.00 to $51.00 and gave the company a "hold" rating in a research report on Thursday, February 26th. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, CLEAR Secure presently has a consensus rating of "Hold" and an average target price of $53.14.

CLEAR Secure Stock Up 1.8%

NYSE:YOU opened at $52.02 on Friday. CLEAR Secure, Inc. has a 12 month low of $23.76 and a 12 month high of $56.51. The firm has a market cap of $6.94 billion, a price-to-earnings ratio of 46.45 and a beta of 1.10. The company's 50 day moving average is $44.79 and its 200-day moving average is $37.87.

CLEAR Secure (NYSE:YOU - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.31 EPS 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 quarter last year, the firm posted $0.91 earnings per share. The company's quarterly revenue was up 16.7% compared to the same quarter last year. Research analysts predict that CLEAR Secure, Inc. will post 0.98 EPS for the current fiscal year.

CLEAR Secure Dividend Announcement

The company also recently declared a special dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were given a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a dividend yield of 131.0%. CLEAR Secure's dividend payout ratio (DPR) is currently 53.57%.

CLEAR Secure 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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