CLEAR Secure, Inc. $YOU Shares Purchased by Copeland Capital Management LLC

Key Points

• Copeland Capital Management LLC increased its holdings in CLEAR Secure, Inc. by 25.2%, owning 2,474,330 shares after purchasing an additional 497,871 shares in Q2.
• Strong interest from other institutional investors is evident, with 73.80% of the stock currently held by hedge funds and other institutional investors.
• CLEAR Secure reported a quarterly earnings beat with $0.26 earnings per share, exceeding analyst estimates by $0.03, and revenue of $219.47 million.

Copeland Capital Management LLC increased its holdings in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 25.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,474,330 shares of the company's stock after purchasing an additional 497,871 shares during the period. CLEAR Secure accounts for 1.4% of Copeland Capital Management LLC's investment portfolio, making the stock its 21st largest holding. Copeland Capital Management LLC owned 1.86% of CLEAR Secure worth $68,687,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Durable Capital Partners LP purchased a new position in shares of CLEAR Secure in the 1st quarter valued at approximately $76,673,000. Goldman Sachs Group Inc. grew its stake in shares of CLEAR Secure by 35.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company's stock valued at $42,320,000 after purchasing an additional 430,035 shares during the last quarter. Nuveen LLC purchased a new position in shares of CLEAR Secure in the 1st quarter valued at approximately $30,862,000. Northern Trust Corp grew its stake in shares of CLEAR Secure by 8.7% in the 1st quarter. Northern Trust Corp now owns 1,137,686 shares of the company's stock valued at $29,477,000 after purchasing an additional 90,714 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of CLEAR Secure by 74.9% in the 1st quarter. Invesco Ltd. now owns 978,584 shares of the company's stock valued at $25,355,000 after purchasing an additional 419,133 shares during the last quarter. 73.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at CLEAR Secure

In other news, CAO Dennis W. Liu sold 5,000 shares of the business's stock in a transaction on Tuesday, August 5th. The stock was 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 directly owned 13,923 shares of the company's stock, valued at $467,812.80. The trade was a 26.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, President Michael Z. Barkin sold 20,000 shares of the business's stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $32.81, for a total value of $656,200.00. Following the completion of the transaction, the president directly owned 12,725 shares of the company's stock, valued at approximately $417,507.25. This trade represents a 61.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 66,027 shares of company stock valued at $2,224,903 over the last three months. 39.73% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have weighed in on YOU shares. Telsey Advisory Group lifted their target price on CLEAR Secure from $32.00 to $37.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th. DA Davidson assumed coverage on CLEAR Secure in a research note on Tuesday, September 16th. They issued a "buy" rating and a $45.00 price target on the stock. Wall Street Zen upgraded CLEAR Secure from a "hold" rating to a "buy" rating in a research note on Saturday, August 30th. Wells Fargo & Company lifted their price target on CLEAR Secure from $23.00 to $25.00 and gave the company an "underweight" rating in a research note on Wednesday, August 6th. Finally, The Goldman Sachs Group lifted their price target on CLEAR Secure from $33.00 to $37.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $34.71.

CLEAR Secure Stock Performance

YOU opened at $31.48 on Friday. The business's fifty day moving average is $34.47 and its two-hundred day moving average is $29.12. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 19.67 and a beta of 1.24. CLEAR Secure, Inc. has a one year low of $21.67 and a one year high of $39.00.

CLEAR Secure (NYSE:YOU - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $214.90 million. During the same period in the previous year, the firm posted $0.34 earnings per share. The business's revenue for the quarter was up 17.6% compared to the same quarter last year. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, analysts predict that CLEAR Secure, Inc. will post 0.98 EPS for the current fiscal year.

CLEAR Secure Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Wednesday, September 10th. 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.

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