CLEAR Secure, Inc. $YOU Shares Purchased by Invesco Ltd.

Key Points

• Invesco Ltd. significantly increased its stake in CLEAR Secure, acquiring an additional 419,133 shares, bringing its total ownership to approximately 978,584 shares, valued at around $25.36 million.
• CLEAR Secure recently announced a quarterly dividend of $0.125 per share, translating to an annualized dividend yield of 1.5%, with an ex-dividend date set for September 10th.
• The company reported earnings per share (EPS) of $0.26 for the last quarter, exceeding expectations, and has set a guidance of 0.98 EPS for the current fiscal year.

Invesco Ltd. lifted its position in CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 74.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 978,584 shares of the company's stock after purchasing an additional 419,133 shares during the quarter. Invesco Ltd. owned about 0.71% of CLEAR Secure worth $25,355,000 as of its most recent SEC filing.

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

CLEAR Secure Stock Performance

Shares of YOU stock traded up $1.5610 on Friday, reaching $36.2810. 1,922,739 shares of the company were exchanged, compared to its average volume of 1,708,579. CLEAR Secure, Inc. has a 1 year low of $21.67 and a 1 year high of $38.88. The business has a 50-day moving average price of $29.75 and a 200 day moving average price of $26.66. The company has a market cap of $4.82 billion, a price-to-earnings ratio of 21.90 and a beta of 1.25.

CLEAR Secure (NYSE:YOU - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.03. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. The firm had revenue of $219.47 million for the quarter, compared to analyst estimates of $214.90 million. During the same period last year, the company posted $0.34 EPS. CLEAR Secure'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 anticipate that CLEAR Secure, Inc. will post 0.98 earnings per share for the current year.

CLEAR Secure Dividend Announcement

The company 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 $0.125 dividend. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. CLEAR Secure's payout ratio is currently 31.25%.

Insider Buying and Selling

In related news, President Michael Z. Barkin sold 20,000 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $32.81, for a total transaction of $656,200.00. Following the completion of the sale, the president directly owned 12,725 shares in the company, valued at approximately $417,507.25. The trade was a 61.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Dennis W. Liu sold 5,000 shares of the business's stock in a transaction that occurred 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 sale, the chief accounting officer 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,000 shares of company stock worth $1,056,700. 39.73% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently commented on YOU shares. Stifel Nicolaus raised their target price on CLEAR Secure from $26.00 to $28.00 and gave the stock a "hold" rating in a report on Tuesday, July 29th. Telsey Advisory Group raised their target price on CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Wells Fargo & Company raised their target price on CLEAR Secure from $23.00 to $25.00 and gave the stock an "underweight" rating in a report on Wednesday, August 6th. Wall Street Zen lowered CLEAR Secure from a "buy" rating to a "hold" rating in a report on Sunday, July 13th. Finally, The Goldman Sachs Group raised their target price on CLEAR Secure from $33.00 to $37.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, CLEAR Secure has a consensus rating of "Hold" and an average target price of $33.00.

CLEAR Secure 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.