LGT Fund Management Co Ltd. Buys 34,743 Shares of CLEAR Secure, Inc. $YOU

Key Points

• LGT Fund Management Co Ltd. increased its stake in CLEAR Secure, Inc. by 33.6% in Q2, now owning 138,100 shares valued at approximately $3.83 million.
• Research firms have recently revised their price targets for CLEAR Secure, with Telsey Advisory Group raising its target from $32 to $37 and maintaining an "outperform" rating.
• Insider trading reports indicate that company director Adam Wiener sold 8,000 shares, indicating a decrease in ownership as corporate insiders hold 39.73% of the company's stock.

LGT Fund Management Co Ltd. grew its stake in CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 33.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 138,100 shares of the company's stock after acquiring an additional 34,743 shares during the period. LGT Fund Management Co Ltd. owned 0.10% of CLEAR Secure worth $3,834,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Geneos Wealth Management Inc. raised its stake in shares of CLEAR Secure by 329.5% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock worth $25,000 after acquiring an additional 748 shares during the last quarter. Advisors Asset Management Inc. bought a new position in shares of CLEAR Secure in the first quarter worth about $28,000. Fifth Third Bancorp raised its stake in shares of CLEAR Secure by 217.0% during the first quarter. Fifth Third Bancorp now owns 1,116 shares of the company's stock worth $29,000 after buying an additional 764 shares during the last quarter. First Horizon Advisors Inc. raised its stake in shares of CLEAR Secure by 72.0% during the first quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company's stock worth $38,000 after buying an additional 617 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of CLEAR Secure during the first quarter worth approximately $41,000. 73.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on YOU. Stifel Nicolaus boosted their price target on shares of CLEAR Secure from $26.00 to $28.00 and gave the stock a "hold" rating in a research note on Tuesday, July 29th. Telsey Advisory Group boosted their price target on shares of CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Wells Fargo & Company boosted their price target on shares of CLEAR Secure from $23.00 to $25.00 and gave the stock an "underweight" rating in a research note on Wednesday, August 6th. Wall Street Zen raised shares of CLEAR Secure from a "hold" rating to a "buy" rating in a research note on Saturday, August 30th. Finally, DA Davidson began coverage on shares of CLEAR Secure in a research note on Tuesday, September 16th. They set a "buy" rating and a $45.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $34.71.

Insider Buying and Selling at CLEAR Secure

In other news, Director Adam Wiener sold 8,000 shares of the company's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $33.02, for a total value of $264,160.00. Following the completion of the transaction, the director owned 193,634 shares in the company, valued at $6,393,794.68. This represents a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Dennis W. Liu sold 2,027 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer owned 11,896 shares of the company's stock, valued at $428,256. This trade represents a 14.56% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 66,027 shares of company stock valued at $2,224,903. Corporate insiders own 39.73% of the company's stock.

CLEAR Secure Stock Performance

Shares of NYSE:YOU opened at $31.75 on Friday. CLEAR Secure, Inc. has a 52 week low of $21.67 and a 52 week high of $39.00. The company has a market capitalization of $4.22 billion, a PE ratio of 19.85 and a beta of 1.24. The company has a 50 day moving average price of $34.51 and a two-hundred day moving average price of $29.16.

CLEAR Secure (NYSE:YOU - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.26 EPS for the quarter, beating 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 firm had revenue of $219.47 million during the quarter, compared to the consensus estimate of $214.90 million. During the same quarter in the prior year, the firm earned $0.34 earnings per share. The business's quarterly revenue was up 17.6% on a year-over-year basis. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, 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 was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 10th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, September 10th. CLEAR Secure's dividend payout ratio is presently 31.25%.

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.

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