SG Americas Securities LLC Reduces Position in CLEAR Secure, Inc. $YOU

Key Points

• SG Americas cut its stake by 78.6% in Q4, selling 33,023 shares and leaving it with 9,016 shares of CLEAR Secure worth about $316,000; institutional investors own roughly 73.8% of the company.
• Company insiders have been net sellers recently — including director Adam Wiener (18,000 shares) and the CAO (7,950 shares) — with 97,488 shares sold (~$4.58M) over the past 90 days, though insiders still hold 39.73% of shares.
• CLEAR Secure met Q4 estimates with $0.31 EPS and reported revenue of $240.75M (up 16.7% YoY), paid a special $0.20 dividend (paid Mar 24), and trades at a $6.45B market cap with a consensus analyst rating of "Hold" and a $53.14 target.

SG Americas Securities LLC lessened its holdings in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 78.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,016 shares of the company's stock after selling 33,023 shares during the period. SG Americas Securities LLC's holdings in CLEAR Secure were worth $316,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. grew its stake in CLEAR Secure by 329.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock valued at $25,000 after acquiring an additional 748 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in CLEAR Secure during the 1st quarter valued at about $28,000. Steigerwald Gordon & Koch Inc. purchased a new stake in CLEAR Secure during the 3rd quarter valued at about $50,000. Strs Ohio purchased a new stake in CLEAR Secure during the 3rd quarter valued at about $53,000. Finally, Holos Integrated Wealth LLC purchased a new stake in CLEAR Secure during the 4th quarter valued at about $53,000. Hedge funds and other institutional investors own 73.80% of the company's stock.

CLEAR Secure Price Performance

CLEAR Secure stock opened at $48.36 on Wednesday. The firm has a 50 day simple moving average of $44.01 and a 200-day simple moving average of $37.68. CLEAR Secure, Inc. has a 1-year low of $23.76 and a 1-year high of $56.51. The stock has a market cap of $6.45 billion, a price-to-earnings ratio of 43.18 and a beta of 1.10.

CLEAR Secure (NYSE:YOU - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.31 earnings per share for the quarter, meeting the consensus estimate of $0.31. CLEAR Secure had a net margin of 12.12% and a return on equity of 70.08%. The business had revenue of $240.75 million during the quarter, compared to analysts' expectations of $235.66 million. During the same quarter in the prior year, the company posted $0.91 EPS. The business's revenue for the quarter was up 16.7% on a year-over-year basis. Equities analysts expect that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal year.

CLEAR Secure Dividend Announcement

The business also recently disclosed a special dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a dividend yield of 131.0%. CLEAR Secure's dividend payout ratio (DPR) is presently 53.57%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on YOU shares. Wells Fargo & Company upped their price objective on shares of CLEAR Secure from $29.00 to $33.00 and gave the company an "underweight" rating in a research note on Thursday, February 26th. Telsey Advisory Group upped their price objective on shares of CLEAR Secure from $45.00 to $55.00 and gave the company an "outperform" rating in a research note on Thursday, February 26th. Zacks Research cut shares of CLEAR Secure from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 10th. Weiss Ratings cut shares of CLEAR Secure from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, February 3rd. Finally, Needham & Company LLC increased their price target on shares of CLEAR Secure from $45.00 to $60.00 and gave the company a "buy" rating in a research note on Monday, March 2nd. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $53.14.

Insider Activity at CLEAR Secure

In related news, Director Adam Wiener sold 18,000 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $43.07, for a total transaction of $775,260.00. Following the completion of the transaction, the director owned 147,634 shares of the company's stock, valued at approximately $6,358,596.38. This trade represents a 10.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Dennis W. Liu sold 7,950 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $48.57, for a total transaction of $386,131.50. Following the transaction, the chief accounting officer directly owned 10,960 shares of the company's stock, valued at $532,327.20. The trade was a 42.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 97,488 shares of company stock worth $4,579,078. Company insiders own 39.73% of the company's stock.

CLEAR Secure Profile

CLEAR Secure, Inc operates a biometric identity platform designed to expedite identity verification for air travelers and venue guests. The company’s core offering is the CLEAR membership service, which uses fingerprint and iris scans to confirm a member’s identity and provide access to dedicated security lanes at participating airports. Members link government-issued IDs and personal biometric data via the CLEAR app, enabling faster processing through Transportation Security Administration (TSA) checkpoints and select event entrances.

Founded in 2010 by Caryn Seidman‐Becker and Ken Cornick, CLEAR is headquartered in New York City.

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