Vident Advisory LLC Purchases 126,792 Shares of CLEAR Secure, Inc. $YOU

Key Points

• Vident Advisory LLC significantly increased its holdings in CLEAR Secure, Inc. by 901.2% in Q1, now owning approximately 140,862 shares valued at $3.65 million.
• Several institutional investors, including Wellington Management and Copeland Capital Management, have also raised their stakes in CLEAR Secure, with a combined institutional ownership of 73.80%.
• CLEAR Secure announced a quarterly dividend of $0.125 per share to be paid on September 17th, representing an annual yield of 1.4%.

Vident Advisory LLC increased its holdings in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 901.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 140,862 shares of the company's stock after buying an additional 126,792 shares during the quarter. Vident Advisory LLC owned 0.10% of CLEAR Secure worth $3,650,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Wellington Management Group LLP raised its stake in shares of CLEAR Secure by 74.9% in the 4th quarter. Wellington Management Group LLP now owns 3,322,514 shares of the company's stock valued at $88,512,000 after purchasing an additional 1,422,999 shares during the period. Copeland Capital Management LLC increased its position in shares of CLEAR Secure by 71.4% in the first quarter. Copeland Capital Management LLC now owns 1,976,459 shares of the company's stock valued at $51,210,000 after acquiring an additional 823,166 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of CLEAR Secure by 26.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,208,160 shares of the company's stock valued at $32,187,000 after acquiring an additional 252,555 shares during the last quarter. Nuveen LLC bought a new stake in CLEAR Secure during the first quarter worth $30,862,000. Finally, Northern Trust Corp lifted its stake in CLEAR Secure by 8.7% in the first quarter. Northern Trust Corp now owns 1,137,686 shares of the company's stock valued at $29,477,000 after acquiring an additional 90,714 shares during the last quarter. Institutional investors and hedge funds own 73.80% of the company's stock.

CLEAR Secure Stock Up 0.5%

Shares of NYSE:YOU traded up $0.17 during trading on Wednesday, hitting $36.00. 1,363,950 shares of the company were exchanged, compared to its average volume of 1,929,275. The business's 50 day moving average is $31.31 and its 200-day moving average is $27.32. The company has a market capitalization of $4.79 billion, a P/E ratio of 22.50 and a beta of 1.27. CLEAR Secure, Inc. has a 1-year low of $21.67 and a 1-year high of $38.88.

CLEAR Secure (NYSE:YOU - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.03. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. The company had revenue of $219.47 million for the quarter, compared to analysts' expectations of $214.90 million. During the same quarter in the previous year, the firm posted $0.34 earnings per share. CLEAR Secure's revenue for the quarter was up 17.6% on a year-over-year basis. CLEAR Secure has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that CLEAR Secure, Inc. will post 0.98 earnings per share for the current year.

CLEAR Secure Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, September 10th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. CLEAR Secure's payout ratio is currently 31.25%.

Analyst Upgrades and Downgrades

YOU has been the topic of several research reports. Telsey Advisory Group upped their target price on CLEAR Secure from $32.00 to $37.00 and gave the company an "outperform" rating in a research report on Wednesday, August 6th. Stifel Nicolaus upped their price objective on CLEAR Secure from $26.00 to $28.00 and gave the company a "hold" rating in a report on Tuesday, July 29th. Zacks Research raised CLEAR Secure from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. Wall Street Zen raised CLEAR Secure from a "hold" rating to a "buy" rating in a report on Saturday. Finally, Wells Fargo & Company lifted their price target on shares of CLEAR Secure from $23.00 to $25.00 and gave the company an "underweight" rating in a research report on Wednesday, August 6th. 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $33.00.

Insider Buying and Selling

In other CLEAR Secure news, President Michael Z. Barkin sold 16,050 shares of the company's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $35.22, for a total transaction of $565,281.00. Following the sale, the president owned 12,725 shares of the company's stock, valued at approximately $448,174.50. This represents a 55.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Dennis W. Liu sold 2,027 shares of the company's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $36.00, for a total transaction of $72,972.00. Following the sale, the chief accounting officer directly owned 11,896 shares in the company, valued at $428,256. This trade represents a 14.56% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 61,027 shares of company stock valued at $2,043,243 over the last 90 days. 39.73% of the stock is owned by insiders.

About CLEAR Secure

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.