Clark Capital Management Group Inc. Purchases 32,139 Shares of CLEAR Secure, Inc. $YOU

Key Points

• Clark Capital Management increased its stake in CLEAR Secure (NYSE:YOU) by 13.4% in Q3, buying 32,139 shares to hold 272,045 shares worth about $9.08 million, and institutional investors now own roughly 73.8% of the stock.
• Analysts are mixed: the consensus rating is a Hold with a $51.57 price target, though several firms raised targets and issued buy ratings (Goldman Sachs at $61), while YOU trades around $44.64 within a $23.00–$50.46 52‑week range.
• CLEAR reported Q results with EPS of $0.31 (in line) and revenue of $240.8M (beat, +16.7% YoY), announced a special $0.20 dividend payable Mar 24, and saw insiders sell about 111,488 shares (~$5.07M) last quarter, leaving insiders with ~39.7% ownership.

Clark Capital Management Group Inc. grew its holdings in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 13.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 272,045 shares of the company's stock after purchasing an additional 32,139 shares during the quarter. Clark Capital Management Group Inc. owned approximately 0.20% of CLEAR Secure worth $9,081,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Geneos Wealth Management Inc. grew its position in CLEAR Secure by 329.5% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock valued at $25,000 after buying an additional 748 shares during the period. Advisors Asset Management Inc. purchased a new position in shares of CLEAR Secure during the 1st quarter worth $28,000. Steigerwald Gordon & Koch Inc. purchased a new position in shares of CLEAR Secure during the 3rd quarter worth $50,000. Strs Ohio bought a new stake in shares of CLEAR Secure during the 3rd quarter valued at $53,000. Finally, Exchange Traded Concepts LLC bought a new stake in shares of CLEAR Secure during the 3rd quarter valued at $80,000. Institutional investors own 73.80% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on YOU shares. The Goldman Sachs Group set a $61.00 target price on CLEAR Secure and gave the stock a "buy" rating in a report on Wednesday, February 25th. Stifel Nicolaus boosted their price target on CLEAR Secure from $38.00 to $51.00 and gave the company a "hold" rating in a report on Thursday, February 26th. DA Davidson upped their price target on CLEAR Secure from $46.00 to $54.00 and gave the stock a "buy" rating in a research report on Thursday, February 26th. Needham & Company LLC raised their price objective on CLEAR Secure from $45.00 to $60.00 and gave the stock a "buy" rating in a research note on Monday, March 2nd. Finally, Weiss Ratings cut CLEAR Secure from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, February 3rd. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $51.57.

CLEAR Secure Stock Performance

YOU opened at $44.64 on Monday. CLEAR Secure, Inc. has a fifty-two week low of $23.00 and a fifty-two week high of $50.46. The company has a fifty day moving average of $37.22 and a 200 day moving average of $35.62. The stock has a market capitalization of $5.95 billion, a price-to-earnings ratio of 39.85 and a beta of 1.12.

CLEAR Secure (NYSE:YOU - Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.31 earnings per share for the quarter, meeting analysts' consensus estimates of $0.31. The firm had revenue of $240.75 million during the quarter, compared to analyst estimates of $235.66 million. CLEAR Secure had a net margin of 12.12% and a return on equity of 70.08%. CLEAR Secure's revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period last year, the firm posted $0.91 earnings per share. On average, equities research analysts forecast that CLEAR Secure, Inc. will post 0.98 earnings per share for the current year.

CLEAR Secure Announces Dividend

The firm also recently announced a special dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be issued a $0.20 dividend. The ex-dividend date is Tuesday, March 10th. This represents a dividend yield of 131.0%. CLEAR Secure's payout ratio is 53.57%.

Insider Buying and Selling at CLEAR Secure

In other CLEAR Secure news, CAO Dennis W. Liu sold 7,950 shares of the business's stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $48.57, for a total transaction of $386,131.50. Following the sale, the chief accounting officer directly owned 10,960 shares of the company's stock, valued at $532,327.20. The trade was a 42.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, President Michael Z. Barkin sold 22,885 shares of the company's stock in a transaction that occurred on Sunday, March 1st. The shares were sold at an average price of $48.22, for a total value of $1,103,514.70. Following the sale, the president owned 5,669 shares in the company, valued at approximately $273,359.18. This trade represents a 80.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 111,488 shares of company stock valued at $5,069,078 over the last quarter. 39.73% of the stock is owned by corporate insiders.

About CLEAR Secure

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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