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

Other institutional investors also recently bought and sold shares of the company. New York State Common Retirement Fund lifted its position in CLEAR Secure by 6.3% in the first quarter. New York State Common Retirement Fund now owns 28,913 shares of the company's stock worth $749,000 after buying an additional 1,712 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in CLEAR Secure by 54.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 27,627 shares of the company's stock worth $713,000 after buying an additional 9,768 shares during the last quarter. Personal CFO Solutions LLC bought a new stake in CLEAR Secure in the first quarter worth $260,000. Principal Financial Group Inc. lifted its position in CLEAR Secure by 2.3% in the first quarter. Principal Financial Group Inc. now owns 519,264 shares of the company's stock worth $13,454,000 after buying an additional 11,633 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in CLEAR Secure by 132.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,681 shares of the company's stock worth $614,000 after buying an additional 13,499 shares during the last quarter. 73.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling at CLEAR Secure

In other CLEAR Secure news, President Michael Z. Barkin sold 20,000 shares of CLEAR Secure stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $32.81, for a total value of $656,200.00. Following the transaction, the president owned 12,725 shares in the company, valued at $417,507.25. The trade was a 61.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Dennis W. Liu sold 5,000 shares of CLEAR Secure stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $33.60, for a total value of $168,000.00. Following the completion of the transaction, the chief accounting officer owned 13,923 shares in the company, valued at $467,812.80. This trade represents a 26.42% 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 quarter. Insiders own 39.73% of the company's stock.

CLEAR Secure Trading Up 1.4%

Shares of CLEAR Secure stock traded up $0.53 during trading on Monday, hitting $37.87. 1,180,603 shares of the stock traded hands, compared to its average volume of 1,512,196. The firm has a market cap of $5.03 billion, a P/E ratio of 23.67 and a beta of 1.27. CLEAR Secure, Inc. has a 52-week low of $21.67 and a 52-week high of $38.88. The stock's fifty day simple moving average is $32.79 and its 200 day simple moving average is $28.18.

CLEAR Secure (NYSE:YOU - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share (EPS) for the quarter, beating 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 company had revenue of $219.47 million for the quarter, compared to analyst estimates of $214.90 million. During the same quarter in the previous year, the firm earned $0.34 earnings per share. The firm's quarterly revenue was up 17.6% compared to the same quarter last year. CLEAR Secure has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that CLEAR Secure, Inc. will post 0.98 EPS for the current year.

CLEAR Secure Announces Dividend

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

Analyst Ratings Changes

A number of research firms have weighed in on YOU. Zacks Research upgraded CLEAR Secure from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 29th. Stifel Nicolaus increased their target price on CLEAR Secure from $26.00 to $28.00 and gave the stock a "hold" rating in a research note on Tuesday, July 29th. The Goldman Sachs Group increased their target price on CLEAR Secure from $33.00 to $37.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Wall Street Zen upgraded CLEAR Secure from a "hold" rating to a "buy" rating in a research note on Saturday, August 30th. Finally, 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 research note on Wednesday, August 6th. One equities research 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. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus 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.