CLEAR Secure, Inc. $YOU is Copeland Capital Management LLC's 7th Largest Position

Key Points

• Copeland Capital trimmed its position in CLEAR Secure by 5.1% to 2,237,026 shares, leaving the stock as Copeland's 7th-largest holding and representing about 1.8% of its portfolio (≈$78.5 million, ~1.68% of CLEAR outstanding).
• CLEAR Secure reported Q4 EPS of $0.31 (in line) and revenue of $240.8M (beat estimates), with revenue up 16.7% year-over-year; the shares have pulled back (down 5.9), trade near $53.63, have a $7.15B market cap, and carry a MarketBeat consensus of "Moderate Buy" with a $53.14 target.
• Insiders have been net sellers (97,488 shares sold, ~$4.58M in the last 90 days, including large sales by the president), the company paid a $0.20 special dividend on March 24, and insiders own roughly 39.7% while institutions own ~73.8% of the stock.

Copeland Capital Management LLC decreased its stake in CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 5.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,237,026 shares of the company's stock after selling 119,642 shares during the quarter. CLEAR Secure comprises 1.8% of Copeland Capital Management LLC's portfolio, making the stock its 7th biggest holding. Copeland Capital Management LLC owned about 1.68% of CLEAR Secure worth $78,475,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of YOU. Royal Bank of Canada boosted its holdings in shares of CLEAR Secure by 59.7% in the 1st quarter. Royal Bank of Canada now owns 271,498 shares of the company's stock worth $7,034,000 after purchasing an additional 101,476 shares during the period. Amundi boosted its holdings in shares of CLEAR Secure by 62.5% in the 1st quarter. Amundi now owns 3,743 shares of the company's stock worth $97,000 after purchasing an additional 1,440 shares during the period. Advisors Asset Management Inc. purchased a new position in shares of CLEAR Secure in the 1st quarter worth approximately $28,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of CLEAR Secure by 5.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,755 shares of the company's stock worth $1,367,000 after purchasing an additional 2,801 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of CLEAR Secure by 64.7% in the 1st quarter. NewEdge Advisors LLC now owns 4,583 shares of the company's stock worth $119,000 after purchasing an additional 1,801 shares during the period. Hedge funds and other institutional investors own 73.80% of the company's stock.

CLEAR Secure Stock Down 5.9%

YOU opened at $53.63 on Friday. The business has a fifty day moving average of $47.06 and a 200 day moving average of $38.66. CLEAR Secure, Inc. has a 52-week low of $23.76 and a 52-week high of $59.51. The stock has a market cap of $7.15 billion, a P/E ratio of 47.89 and a beta of 1.10.

CLEAR Secure (NYSE:YOU - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.31 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.31. CLEAR Secure had a return on equity of 70.08% and a net margin of 12.12%.The company had revenue of $240.75 million during the quarter, compared to analysts' expectations of $235.66 million. During the same quarter in the previous year, the business earned $0.91 EPS. CLEAR Secure's revenue was up 16.7% compared to the same quarter last year. Equities analysts anticipate that CLEAR Secure, Inc. will post 1.61 EPS for the current fiscal year.

CLEAR Secure Dividend Announcement

The firm also recently disclosed a special dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were issued a dividend of $0.20 per share. The ex-dividend date was Tuesday, March 10th. This represents a yield of 131.0%. CLEAR Secure's payout ratio is presently 53.57%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Weiss Ratings cut CLEAR Secure from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, February 3rd. JPMorgan Chase & Co. lifted their target price on CLEAR Secure from $42.00 to $47.00 and gave the stock an "overweight" rating in a report on Thursday, February 26th. 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. Zacks Research upgraded CLEAR Secure from a "hold" rating to a "strong-buy" rating in a report on Monday. Finally, Telsey Advisory Group lifted their target price on CLEAR Secure from $45.00 to $55.00 and gave the stock an "outperform" rating in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, CLEAR Secure has a consensus rating of "Moderate Buy" and a consensus price target of $53.14.

Insiders Place Their Bets

In other CLEAR Secure news, President Michael Z. Barkin sold 22,885 shares of CLEAR Secure 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 completion of the sale, the president directly owned 5,669 shares of the company's stock, valued at $273,359.18. The trade was a 80.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Lynn Haaland sold 15,533 shares of CLEAR Secure stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $45.00, for a total value of $698,985.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 97,488 shares of company stock worth $4,579,078 in the last 90 days. 39.73% of the stock is owned by insiders.

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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