AQR Capital Management LLC Boosts Stock Position in CLEAR Secure, Inc. $YOU

Key Points

• AQR Capital Management increased its stake in CLEAR Secure by 12.6%, owning approximately 0.38% of the company, after acquiring an additional 58,911 shares in Q1.
• CLEAR Secure reported $0.26 earnings per share (EPS) for the most recent quarter, beating expectations, and its revenue increased by 17.6% year-over-year.
• The company announced a quarterly dividend of $0.125, resulting in a 1.4% yield, with a payout ratio of 31.25%.

AQR Capital Management LLC grew its stake in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 12.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 525,819 shares of the company's stock after purchasing an additional 58,911 shares during the quarter. AQR Capital Management LLC owned about 0.38% of CLEAR Secure worth $13,624,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in YOU. Advisors Asset Management Inc. acquired a new position in CLEAR Secure in the 1st quarter valued at $28,000. Amundi grew its holdings in CLEAR Secure by 62.5% in the 1st quarter. Amundi now owns 3,743 shares of the company's stock valued at $97,000 after buying an additional 1,440 shares in the last quarter. Perbak Capital Partners LLP acquired a new position in CLEAR Secure in the 1st quarter valued at $246,000. Durable Capital Partners LP acquired a new position in CLEAR Secure in the 1st quarter valued at $76,673,000. Finally, Royal Bank of Canada grew its holdings in shares of CLEAR Secure by 59.7% during 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 in the last quarter. Institutional investors own 73.80% of the company's stock.

Insider Activity

In other CLEAR Secure news, President Michael Z. Barkin sold 16,050 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $35.22, for a total transaction of $565,281.00. Following the completion of the transaction, the president owned 12,725 shares of the company's stock, valued at $448,174.50. This represents a 55.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Dennis W. Liu sold 2,027 shares of the company'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 value of $72,972.00. Following the transaction, the chief accounting officer directly owned 11,896 shares of the company's stock, valued at $428,256. The trade was a 14.56% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 61,027 shares of company stock valued at $2,043,243. Insiders own 39.73% of the company's stock.

CLEAR Secure Price Performance

Shares of YOU traded up $0.05 during mid-day trading on Friday, hitting $37.34. The stock had a trading volume of 1,451,099 shares, compared to its average volume of 1,516,858. The firm has a market cap of $4.96 billion, a P/E ratio of 23.34 and a beta of 1.27. The business has a fifty day moving average price of $32.60 and a 200-day moving average price of $28.00. 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 results on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.03. The company had revenue of $219.47 million during the quarter, compared to analysts' expectations of $214.90 million. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.The firm's quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.34 earnings per share. CLEAR Secure has set its Q3 2025 guidance at EPS. As a group, research analysts expect that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal year.

CLEAR Secure Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, September 10th. CLEAR Secure's payout ratio is 31.25%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on YOU. Stifel Nicolaus increased their target price on CLEAR Secure from $26.00 to $28.00 and gave the stock a "hold" rating in a report on Tuesday, July 29th. Wells Fargo & Company increased their target price on CLEAR Secure from $23.00 to $25.00 and gave the stock an "underweight" rating in a report on Wednesday, August 6th. Telsey Advisory Group increased their target price on CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Wall Street Zen raised CLEAR Secure from a "hold" rating to a "buy" rating in a report on Saturday, August 30th. Finally, Zacks Research raised CLEAR Secure from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $33.00.

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.