15,000 Shares in CLEAR Secure, Inc. $YOU Bought by Corient IA LLC

Key Points

• Corient IA LLC has invested approximately $389,000 in CLEAR Secure, Inc., acquiring 15,000 shares of the company during the first quarter.
• A number of analysts have varied opinions on CLEAR Secure's stock, with price targets ranging from $25.00 to $37.00, reflecting a mix of "hold," "buy," and "underweight" ratings.
• The company recently announced a quarterly dividend of $0.125, payable on September 17th, translating to an annual yield of 1.5%.

Corient IA LLC purchased a new position in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 15,000 shares of the company's stock, valued at approximately $389,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Robeco Institutional Asset Management B.V. lifted its holdings in shares of CLEAR Secure by 0.8% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 62,763 shares of the company's stock worth $1,626,000 after acquiring an additional 481 shares during the period. First Horizon Advisors Inc. lifted its holdings in shares of CLEAR Secure by 72.0% during the 1st quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company's stock worth $38,000 after acquiring an additional 617 shares during the period. Fifth Third Bancorp lifted its holdings in shares of CLEAR Secure by 217.0% during the 1st quarter. Fifth Third Bancorp now owns 1,116 shares of the company's stock worth $29,000 after acquiring an additional 764 shares during the period. Harbor Investment Advisory LLC bought a new stake in shares of CLEAR Secure during the 1st quarter worth approximately $27,000. Finally, Tidal Investments LLC lifted its holdings in shares of CLEAR Secure by 3.5% during the 4th quarter. Tidal Investments LLC now owns 32,057 shares of the company's stock worth $854,000 after acquiring an additional 1,098 shares during the period. Institutional investors own 73.80% of the company's stock.

Insider Activity

In other news, Director Adam Wiener sold 5,000 shares of the firm's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $30.00, for a total transaction of $150,000.00. Following the completion of the transaction, the director owned 207,634 shares of the company's stock, valued at approximately $6,229,020. This trade represents a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Z. Barkin sold 20,000 shares of the firm's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $32.81, for a total transaction of $656,200.00. Following the transaction, the president directly owned 12,725 shares of the company's stock, valued at $417,507.25. The trade was a 61.12% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,000 shares of company stock valued at $1,056,700. Insiders own 39.73% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on YOU shares. Telsey Advisory Group upped their price target on shares of 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 downgraded shares of CLEAR Secure from a "buy" rating to a "hold" rating in a research note on Sunday, July 13th. Wells Fargo & Company increased their price objective on shares of CLEAR Secure from $23.00 to $25.00 and gave the company an "underweight" rating in a research note on Wednesday, August 6th. Stifel Nicolaus increased their price objective on shares of CLEAR Secure from $26.00 to $28.00 and gave the company a "hold" rating in a research note on Tuesday, July 29th. Finally, The Goldman Sachs Group increased their price objective on shares of CLEAR Secure from $33.00 to $37.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, CLEAR Secure currently has an average rating of "Hold" and a consensus target price of $33.00.

CLEAR Secure Stock Up 4.5%

Shares of YOU stock traded up $1.5610 during trading hours on Friday, hitting $36.2810. 1,922,739 shares of the company's stock traded hands, compared to its average volume of 1,708,579. The stock's 50 day simple moving average is $29.75 and its 200 day simple moving average is $26.66. The stock has a market cap of $4.82 billion, a PE ratio of 22.68 and a beta of 1.25. CLEAR Secure, Inc. has a 12 month low of $21.67 and a 12 month high of $38.88.

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 (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.03. The firm had revenue of $219.47 million during the quarter, compared to the consensus estimate of $214.90 million. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. The company's revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.34 earnings per share. CLEAR Secure has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that CLEAR Secure, Inc. will post 0.98 EPS for the current fiscal year.

CLEAR Secure Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th will be paid a dividend of $0.125 per share. 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 dividend payout ratio (DPR) is presently 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.