Charles Schwab Investment Management Inc. Has $22.66 Million Stock Holdings in CLEAR Secure, Inc. $YOU

Key Points

• Charles Schwab Investment Management Inc. has reduced its stake in CLEAR Secure, Inc. by 4.8%, holding approximately $22.66 million worth of shares.
• Analysts have varied ratings on CLEAR Secure, with targets ranging from $25.00 to $37.00 and an average rating of "Hold".
• CLEAR Secure announced a quarterly dividend of $0.125 per share, representing an annualized yield of 1.4% with a dividend payout ratio of 31.25%.

Charles Schwab Investment Management Inc. cut its stake in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 4.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 874,407 shares of the company's stock after selling 43,960 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.64% of CLEAR Secure worth $22,656,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Harbor Investment Advisory LLC bought a new stake in shares of CLEAR Secure in the first quarter valued at approximately $27,000. Fifth Third Bancorp increased its stake in shares of CLEAR Secure by 217.0% during the 1st quarter. Fifth Third Bancorp now owns 1,116 shares of the company's stock worth $29,000 after purchasing an additional 764 shares during the last quarter. First Horizon Advisors Inc. grew its stake in CLEAR Secure by 72.0% in the 1st 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. Natixis bought a new position in CLEAR Secure in the 4th quarter valued at $73,000. Finally, NewEdge Advisors LLC bought a new stake in shares of CLEAR Secure during the 4th quarter worth $74,000. Institutional investors and hedge funds own 73.80% of the company's stock.

Insider Buying and Selling at CLEAR Secure

In other CLEAR Secure news, Director Adam Wiener sold 6,000 shares of the company's stock in a transaction 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 $7,057,190. This represents a 2.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Dennis W. Liu sold 2,027 shares of the business's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $36.00, for a total transaction of $72,972.00. Following the transaction, the chief accounting officer owned 11,896 shares of the company's stock, valued at approximately $428,256. This represents a 14.56% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 61,027 shares of company stock worth $2,043,243 over the last three months. Company insiders own 39.73% of the company's stock.

Analysts Set New Price Targets

YOU has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their price target on shares of CLEAR Secure from $23.00 to $25.00 and gave the company an "underweight" rating in a report on Wednesday, August 6th. Wall Street Zen cut shares of CLEAR Secure from a "buy" rating to a "hold" rating in a research report on Sunday, July 13th. Telsey Advisory Group increased their price target on shares of CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Stifel Nicolaus raised their price objective on shares of CLEAR Secure from $26.00 to $28.00 and gave the company a "hold" rating in a research note on Tuesday, July 29th. Finally, The Goldman Sachs Group raised their price objective 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. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $33.00.

CLEAR Secure Stock Up 0.6%

Shares of CLEAR Secure stock traded up $0.22 on Tuesday, hitting $36.25. 455,641 shares of the company's stock traded hands, compared to its average volume of 1,928,578. The stock has a market cap of $4.82 billion, a P/E ratio of 22.66 and a beta of 1.25. The firm's 50-day moving average is $29.98 and its 200 day moving average is $26.80. CLEAR Secure, Inc. has a 52-week low of $21.67 and a 52-week high of $38.88.

CLEAR Secure (NYSE:YOU - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.26 earnings per share (EPS) 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 analysts' expectations of $214.90 million. During the same period last year, the business posted $0.34 earnings per share. The firm'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. Equities research analysts forecast that CLEAR Secure, Inc. will post 0.98 EPS for the current year.

CLEAR Secure Announces Dividend

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