Strs Ohio Makes New $363,000 Investment in CLEAR Secure, Inc. $YOU

Key Points

• Strs Ohio has invested approximately $363,000 in CLEAR Secure, acquiring 14,000 shares as part of its first quarter activity.
• Analysts have provided a consensus target price of $34.71 for CLEAR Secure, with ratings ranging from "Strong Buy" to "Sell" by various research firms.
• The company recently announced a $0.125 quarterly dividend, resulting in an annual yield of 1.4% and a payout ratio of 31.25%.

Strs Ohio acquired a new stake in CLEAR Secure, Inc. (NYSE:YOU - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 14,000 shares of the company's stock, valued at approximately $363,000.

Several other hedge funds and other institutional investors have also made changes to their positions in YOU. New York State Common Retirement Fund raised its position in CLEAR Secure by 6.3% during the first quarter. New York State Common Retirement Fund now owns 28,913 shares of the company's stock worth $749,000 after acquiring an additional 1,712 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of CLEAR Secure by 54.7% during 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 bought a new stake in shares of CLEAR Secure in the 1st quarter valued at about $260,000. Principal Financial Group Inc. lifted its stake in CLEAR Secure by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 519,264 shares of the company's stock valued at $13,454,000 after purchasing an additional 11,633 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake 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 valued at $614,000 after purchasing an additional 13,499 shares during the last quarter. 73.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Wells Fargo & Company upped their price objective on CLEAR Secure from $23.00 to $25.00 and gave the company an "underweight" rating in a research note on Wednesday, August 6th. DA Davidson started coverage on CLEAR Secure in a report on Tuesday, September 16th. They set a "buy" rating and a $45.00 target price on the stock. Wall Street Zen upgraded CLEAR Secure from a "hold" rating to a "buy" rating in a research note on Saturday, August 30th. Stifel Nicolaus lifted their price objective 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. Finally, Zacks Research upgraded shares of CLEAR Secure from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $34.71.

Insider Activity

In other news, Director Adam Wiener sold 6,000 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $35.00, for a total transaction of $210,000.00. Following the sale, the director directly owned 201,634 shares of the company's stock, valued at approximately $7,057,190. This represents a 2.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Michael Z. Barkin sold 16,050 shares of the business's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $35.22, for a total value of $565,281.00. Following the completion of the transaction, the president directly owned 12,725 shares of the company's stock, valued at approximately $448,174.50. This trade represents a 55.78% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 61,027 shares of company stock worth $2,043,243. 39.73% of the stock is currently owned by company insiders.

CLEAR Secure Stock Performance

NYSE:YOU opened at $37.02 on Wednesday. CLEAR Secure, Inc. has a 52 week low of $21.67 and a 52 week high of $39.00. The firm's 50-day simple moving average is $33.84 and its 200 day simple moving average is $28.69. The firm has a market cap of $4.92 billion, a price-to-earnings ratio of 23.14 and a beta of 1.27.

CLEAR Secure (NYSE:YOU - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share (EPS) for the quarter, topping 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 quarter in the prior year, the business posted $0.34 EPS. The business's revenue was up 17.6% compared to the same quarter last year. CLEAR Secure has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that CLEAR Secure, Inc. will post 0.98 EPS for the current year.

CLEAR Secure Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 10th were issued a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.50 annualized dividend and a yield of 1.4%. CLEAR Secure's payout ratio is currently 31.25%.

CLEAR Secure Company 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.

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