Hsbc Holdings PLC Raises Position in CLEAR Secure, Inc. $YOU

Key Points

• Hsbc Holdings PLC increased its ownership of CLEAR Secure, Inc. by 424.3%, acquiring an additional 51,151 shares in the first quarter, bringing their total holdings to 63,205 shares valued at approximately $1.64 million.
• CLEAR Secure reported a quarterly EPS of $0.26, exceeding analyst expectations, and a year-over-year revenue increase of 17.6% to $219.47 million.
• The company declared a quarterly dividend of $0.125, with an annualized dividend yield of 1.4%, set to be paid on September 17th to shareholders of record.

Hsbc Holdings PLC grew its position in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 424.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 63,205 shares of the company's stock after acquiring an additional 51,151 shares during the quarter. Hsbc Holdings PLC's holdings in CLEAR Secure were worth $1,637,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insiders Place Their Bets

In other news, CAO Dennis W. Liu sold 2,027 shares of CLEAR Secure stock in a transaction on Friday, August 22nd. The stock was 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 in the company, valued at approximately $428,256. This trade represents a 14.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Adam Wiener sold 6,000 shares of CLEAR Secure stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $35.00, for a total value of $210,000.00. Following the completion of the transaction, the director owned 201,634 shares in the company, valued at $7,057,190. This represents a 2.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 61,027 shares of company stock worth $2,043,243. 39.73% of the stock is currently owned by company insiders.

CLEAR Secure Stock Up 0.5%

CLEAR Secure stock traded up $0.17 during mid-day trading on Wednesday, reaching $36.00. 1,363,950 shares of the company's stock traded hands, compared to its average volume of 1,708,725. The stock has a 50 day moving average of $31.49 and a two-hundred day moving average of $27.38. The company has a market cap of $4.79 billion, a price-to-earnings ratio of 22.50 and a beta of 1.27. 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 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 business had revenue of $219.47 million for the quarter, compared to analyst estimates of $214.90 million. During the same quarter last year, the firm posted $0.34 earnings per share. The business's 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, sell-side analysts forecast that CLEAR Secure, Inc. will post 0.98 earnings per share for the current year.

CLEAR Secure Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Zacks Research upgraded CLEAR Secure from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 29th. Stifel Nicolaus upped their target price on shares of CLEAR Secure from $26.00 to $28.00 and gave the stock a "hold" rating in a research report on Tuesday, July 29th. Telsey Advisory Group lifted their target price on shares of CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Wall Street Zen raised shares of CLEAR Secure from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, The Goldman Sachs Group boosted their price objective on shares of CLEAR Secure from $33.00 to $37.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $33.00.

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.