Canada Pension Plan Investment Board Has $6.52 Million Position in CLEAR Secure, Inc. $YOU

Key Points

• The Canada Pension Plan Investment Board increased its stake in CLEAR Secure, Inc. by 3,446.5% in the first quarter, owning approximately 0.18% of the company, worth $6.52 million.
• CLEAR Secure recently reported earnings of $0.26 per share, beating estimates, with revenue of $219.47 million for the quarter, showing a 17.6% year-over-year increase.
• The company announced a quarterly dividend of $0.125 per share, resulting in an annualized yield of 1.4% and a payout ratio of 31.25%.

Canada Pension Plan Investment Board raised its position in CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 3,446.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 251,800 shares of the company's stock after buying an additional 244,700 shares during the period. Canada Pension Plan Investment Board owned 0.18% of CLEAR Secure worth $6,524,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC acquired a new position in CLEAR Secure in the first quarter valued at about $27,000. Fifth Third Bancorp boosted its position in CLEAR Secure by 217.0% in 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 in the last quarter. First Horizon Advisors Inc. boosted its position in CLEAR Secure by 72.0% in 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 in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in CLEAR Secure in the first quarter valued at about $41,000. Finally, GAMMA Investing LLC boosted its position in CLEAR Secure by 546.5% in 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 in the last quarter. 73.80% of the stock is currently owned by institutional investors and hedge funds.

CLEAR Secure Trading Down 1.7%

Shares of YOU traded down $0.60 on Friday, reaching $34.93. 1,026,645 shares of the company's stock were exchanged, compared to its average volume of 1,496,747. The stock has a market capitalization of $4.64 billion, a P/E ratio of 21.83 and a beta of 1.27. The business has a 50 day moving average price of $31.80 and a two-hundred day moving average price of $27.55. CLEAR Secure, Inc. has a 12 month low of $21.67 and a 12 month high of $38.88.

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

CLEAR Secure Dividend Announcement

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 paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, September 10th. CLEAR Secure's payout ratio is 31.25%.

Analyst Upgrades and Downgrades

YOU has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their price target on shares of CLEAR Secure from $23.00 to $25.00 and gave the company an "underweight" rating in a research report on Wednesday, August 6th. Wall Street Zen raised shares of CLEAR Secure from a "hold" rating to a "buy" rating in a research note on Saturday, August 30th. The Goldman Sachs Group boosted their target price on shares of CLEAR Secure from $33.00 to $37.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Telsey Advisory Group boosted their target price on shares of CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Finally, Zacks Research raised shares of CLEAR Secure from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $33.00.

Insider Buying and Selling

In related news, President Michael Z. Barkin sold 16,050 shares of the business's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $35.22, for a total transaction of $565,281.00. Following the completion of the sale, the president directly owned 12,725 shares of the company's stock, valued at $448,174.50. The trade was a 55.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Adam Wiener sold 6,000 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $35.00, for a total transaction of $210,000.00. Following the sale, the director directly owned 201,634 shares of the company's stock, valued at approximately $7,057,190. This trade represents a 2.89% 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 over the last ninety days. Insiders own 39.73% of the company's stock.

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.