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PharVision Advisers LLC Invests $216,000 in CLEAR Secure, Inc. $YOU

CLEAR Secure logo with Computer and Technology background

Key Points

  • PharVision Advisers LLC has invested $216,000 in CLEAR Secure, acquiring 8,355 shares during the first quarter, indicating growing institutional interest in the company.
  • CLEAR Secure reported $0.26 earnings per share in its latest earnings, exceeding analyst expectations, with a revenue increase of 17.6% year-over-year.
  • The company announced a quarterly dividend of $0.125 per share, representing an annualized yield of 1.4%, and insiders have seen notable sales of their shares recently.
  • MarketBeat previews top five stocks to own in October.

PharVision Advisers LLC acquired a new position in CLEAR Secure, Inc. (NYSE:YOU - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 8,355 shares of the company's stock, valued at approximately $216,000.

Several other large investors have also recently modified their holdings of the stock. Wellington Management Group LLP increased its holdings in shares of CLEAR Secure by 74.9% in the fourth quarter. Wellington Management Group LLP now owns 3,322,514 shares of the company's stock worth $88,512,000 after buying an additional 1,422,999 shares during the period. Durable Capital Partners LP purchased a new position in shares of CLEAR Secure in the first quarter worth about $76,673,000. Copeland Capital Management LLC increased its holdings 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 worth $51,210,000 after buying an additional 823,166 shares during the period. Nuveen LLC purchased a new position in shares of CLEAR Secure in the first quarter worth about $30,862,000. Finally, Northern Trust Corp increased its holdings in shares of CLEAR Secure by 8.7% in the first quarter. Northern Trust Corp now owns 1,137,686 shares of the company's stock worth $29,477,000 after buying an additional 90,714 shares during the period. Hedge funds and other institutional investors own 73.80% of the company's stock.

CLEAR Secure Stock Performance

YOU stock opened at $34.93 on Friday. CLEAR Secure, Inc. has a fifty-two week low of $21.67 and a fifty-two week high of $38.88. The business's 50 day moving average price is $31.80 and its two-hundred day moving average price is $27.59. The company has a market capitalization of $4.64 billion, a price-to-earnings ratio of 21.83 and a beta of 1.27.

CLEAR Secure (NYSE:YOU - Get Free Report) last posted 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 firm had revenue of $219.47 million for the quarter, compared to the consensus estimate of $214.90 million. During the same quarter in the prior year, the business earned $0.34 EPS. The business'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. Sell-side analysts forecast that CLEAR Secure, Inc. will post 0.98 earnings per share for the current year.

CLEAR Secure Announces Dividend

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

Insiders Place Their Bets

In other CLEAR Secure news, CAO Dennis W. Liu sold 5,000 shares of the company'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 transaction of $168,000.00. Following the transaction, the chief accounting officer owned 13,923 shares in the company, valued at approximately $467,812.80. This represents a 26.42% decrease in their position. 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 company'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 value of $656,200.00. Following the transaction, the president owned 12,725 shares in the company, valued at $417,507.25. This trade represents a 61.12% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 61,027 shares of company stock worth $2,043,243. Company insiders own 39.73% of the company's stock.

Analysts Set New Price Targets

YOU has been the topic of several analyst reports. Telsey Advisory Group lifted their price objective on CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Zacks Research raised CLEAR Secure from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 29th. The Goldman Sachs Group upped their price target on CLEAR Secure from $33.00 to $37.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Stifel Nicolaus upped their price target on CLEAR Secure from $26.00 to $28.00 and gave the company a "hold" rating in a research report on Tuesday, July 29th. Finally, Wells Fargo & Company upped their price target on CLEAR Secure from $23.00 to $25.00 and gave the company an "underweight" rating in a research report on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $33.00.

Get Our Latest Research Report on YOU

CLEAR Secure Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for CLEAR Secure (NYSE:YOU)

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