Swiss National Bank Has $4.49 Million Stock Position in CLEAR Secure, Inc. $YOU

Key Points

• The Swiss National Bank increased its stake in CLEAR Secure, Inc. by 6.1%, now owning approximately $4.49 million worth of shares.
• CLEAR Secure reported $0.26 EPS for the quarter, surpassing expectations, with revenue of $219.47 million, a 17.6% increase year-over-year.
• The company announced a quarterly dividend of $0.125 per share, representing a 1.5% dividend yield with a payout ratio of 31.25%.

Swiss National Bank raised its position in CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 6.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 173,400 shares of the company's stock after buying an additional 9,900 shares during the period. Swiss National Bank owned about 0.13% of CLEAR Secure worth $4,493,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Harbor Investment Advisory LLC bought a new position in CLEAR Secure in the 1st quarter valued at $27,000. Fifth Third Bancorp boosted its position in CLEAR Secure by 217.0% in the 1st quarter. Fifth Third Bancorp now owns 1,116 shares of the company's stock valued at $29,000 after buying an additional 764 shares during the last quarter. First Horizon Advisors Inc. boosted its position in CLEAR Secure by 72.0% in the 1st quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company's stock valued at $38,000 after buying an additional 617 shares during the last quarter. Natixis bought a new position in shares of CLEAR Secure in the 4th quarter worth $73,000. Finally, NewEdge Advisors LLC bought a new position in shares of CLEAR Secure in the 4th quarter worth $74,000. 73.80% of the stock is currently owned by institutional investors.

Insider Activity at CLEAR Secure

In related news, Director Adam Wiener sold 5,000 shares of CLEAR Secure stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $30.00, for a total transaction of $150,000.00. Following the completion of the transaction, the director owned 207,634 shares in the company, valued at approximately $6,229,020. This trade represents a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Dennis W. Liu sold 5,000 shares of CLEAR Secure stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $33.60, for a total value of $168,000.00. Following the transaction, the chief accounting officer owned 13,923 shares of the company's stock, valued at $467,812.80. The trade was a 26.42% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 33,000 shares of company stock valued at $1,056,700. 39.73% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. The Goldman Sachs Group raised their price target on CLEAR Secure from $33.00 to $37.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Wells Fargo & Company lifted their target price on CLEAR Secure from $23.00 to $25.00 and gave the stock an "underweight" rating in a report on Wednesday, August 6th. Stifel Nicolaus lifted their target price on CLEAR Secure from $26.00 to $28.00 and gave the stock a "hold" rating in a report on Tuesday, July 29th. Telsey Advisory Group lifted their target price on CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Finally, Wall Street Zen lowered CLEAR Secure from a "buy" rating to a "hold" rating in a report on Sunday, July 13th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, CLEAR Secure presently has an average rating of "Hold" and a consensus price target of $33.00.

CLEAR Secure Stock Up 4.5%

Shares of NYSE:YOU traded up $1.5610 during midday trading on Friday, reaching $36.2810. The company had a trading volume of 1,922,739 shares, compared to its average volume of 1,708,579. The business's 50 day moving average price is $29.75 and its 200 day moving average price is $26.66. The stock has a market cap of $4.82 billion, a PE ratio of 22.68 and a beta of 1.25. CLEAR Secure, Inc. has a 1-year low of $21.67 and a 1-year high of $38.88.

CLEAR Secure (NYSE:YOU - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.03. The business had revenue of $219.47 million for the quarter, compared to the consensus estimate of $214.90 million. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.CLEAR Secure's quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.34 earnings per share. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, research analysts expect that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal year.

CLEAR Secure Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, September 10th will be given a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. CLEAR Secure's payout ratio is currently 31.25%.

CLEAR Secure 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.