Teza Capital Management LLC Makes New $260,000 Investment in CLEAR Secure, Inc. $YOU

Key Points

• Teza Capital Management LLC made a new investment of approximately $260,000 in CLEAR Secure, purchasing 10,033 shares during the first quarter.
• Insider activity saw President Michael Z. Barkin selling 16,050 shares for $565,281, representing a 55.78% decrease in his holdings.
• CLEAR Secure's quarterly earnings surpassed expectations, reporting an EPS of $0.26 against analysts' estimates of $0.23, along with a 17.6% year-over-year revenue increase.

Teza Capital Management LLC purchased a new stake in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 10,033 shares of the company's stock, valued at approximately $260,000.

A number of other large investors have also added to or reduced their stakes in YOU. Wellington Management Group LLP raised its position in shares of CLEAR Secure by 74.9% in the 4th quarter. Wellington Management Group LLP now owns 3,322,514 shares of the company's stock worth $88,512,000 after purchasing an additional 1,422,999 shares during the last quarter. Durable Capital Partners LP bought a new position in CLEAR Secure in the first quarter valued at about $76,673,000. Copeland Capital Management LLC lifted its stake in shares of CLEAR Secure by 71.4% in the 1st quarter. Copeland Capital Management LLC now owns 1,976,459 shares of the company's stock worth $51,210,000 after purchasing an additional 823,166 shares during the period. Nuveen LLC bought a new position in CLEAR Secure in the first quarter worth approximately $30,862,000. Finally, Northern Trust Corp lifted its position in CLEAR Secure by 8.7% during the first quarter. Northern Trust Corp now owns 1,137,686 shares of the company's stock valued at $29,477,000 after purchasing an additional 90,714 shares in the last quarter. Hedge funds and other institutional investors own 73.80% of the company's stock.

Insider Activity

In related news, President Michael Z. Barkin sold 16,050 shares of the 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 sale, the president directly owned 12,725 shares of the company's stock, valued at $448,174.50. This represents a 55.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Dennis W. Liu sold 2,027 shares of the firm's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $36.00, for a total transaction of $72,972.00. Following the completion of the sale, the chief accounting officer directly owned 11,896 shares of the company's stock, valued at approximately $428,256. The trade was a 14.56% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 61,027 shares of company stock valued at $2,043,243. 39.73% of the stock is currently owned by company insiders.

CLEAR Secure Price Performance

Shares of NYSE YOU opened at $34.79 on Tuesday. CLEAR Secure, Inc. has a 1-year low of $21.67 and a 1-year high of $38.88. The business's 50 day moving average is $31.94 and its two-hundred day moving average is $27.70. The stock has a market capitalization of $4.62 billion, a P/E ratio of 21.74 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 EPS 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 during the quarter, compared to analysts' expectations of $214.90 million. During the same quarter in the previous year, the business earned $0.34 EPS. The company'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, equities research analysts anticipate that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal year.

CLEAR Secure Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 10th will be given 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 yield of 1.4%. CLEAR Secure's payout ratio is 31.25%.

Wall Street Analyst Weigh In

YOU has been the topic of several analyst reports. Telsey Advisory Group lifted their price target on shares of CLEAR Secure from $32.00 to $37.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Wells Fargo & Company boosted their price target on shares of CLEAR Secure from $23.00 to $25.00 and gave the stock an "underweight" rating in a research note on Wednesday, August 6th. The Goldman Sachs Group raised their price objective 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 boosted their target price on 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 CLEAR Secure from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $33.00.

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.

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