Russell Investments Group Ltd. Has $1.19 Million Holdings in CLEAR Secure, Inc. $YOU

Key Points

• Russell Investments Group Ltd. significantly increased its stake in CLEAR Secure, Inc. by 187.7% to 45,744 shares, totaling a value of $1.185 million as of its latest SEC filing.
• CLEAR Secure announced a quarterly dividend of $0.125 per share, contributing to an annualized yield of 1.4%, with a dividend payout ratio of 31.25%.
• Analysts have provided mixed ratings, with some raising price targets for CLEAR Secure stock to as high as $37.00, reflecting a generally optimistic outlook despite varying individual ratings.

Russell Investments Group Ltd. boosted its position in CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 187.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,744 shares of the company's stock after buying an additional 29,846 shares during the quarter. Russell Investments Group Ltd.'s holdings in CLEAR Secure were worth $1,185,000 at the end of the most recent reporting period.

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

CLEAR Secure Trading Down 1.4%

YOU stock traded down $0.53 during trading on Monday, hitting $36.34. 2,008,702 shares of the stock traded hands, compared to its average volume of 1,857,718. CLEAR Secure, Inc. has a one year low of $21.67 and a one year high of $38.88. The stock has a market cap of $4.83 billion, a price-to-earnings ratio of 22.71 and a beta of 1.27. The company has a 50 day simple moving average of $30.92 and a 200 day simple moving average of $27.16.

CLEAR Secure (NYSE:YOU - Get Free Report) last announced 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. 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 period last year, the firm posted $0.34 EPS. The firm's quarterly revenue was up 17.6% on a year-over-year basis. CLEAR Secure has set its Q3 2025 guidance at EPS. As a group, analysts predict that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal year.

CLEAR Secure Dividend Announcement

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

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Stifel Nicolaus raised their price target 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. Wall Street Zen upgraded shares of CLEAR Secure from a "hold" rating to a "buy" rating in a research report on Saturday. Wells Fargo & Company raised their price target on shares of CLEAR Secure from $23.00 to $25.00 and gave the stock an "underweight" rating in a research report on Wednesday, August 6th. Telsey Advisory Group raised their price target 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. Finally, The Goldman Sachs Group raised their price target on shares of CLEAR Secure from $33.00 to $37.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, CLEAR Secure currently has a consensus rating of "Hold" and a consensus price target of $33.00.

Insider Activity at CLEAR Secure

In other CLEAR Secure news, CAO Dennis W. Liu sold 5,000 shares of the firm's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $33.60, for a total value of $168,000.00. Following the completion of the sale, the chief accounting officer owned 13,923 shares in the company, valued at approximately $467,812.80. This trade represents a 26.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, President Michael Z. Barkin sold 20,000 shares of the firm's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $32.81, for a total transaction of $656,200.00. Following the completion of the sale, the president 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. Insiders sold 61,027 shares of company stock valued at $2,043,243 in the last ninety days. Insiders own 39.73% of the company's stock.

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.