Voya Investment Management LLC Trims Position in CLEAR Secure, Inc. $YOU

Key Points

• Voya Investment Management LLC has decreased its holdings in CLEAR Secure, Inc. by 44.4% in the first quarter, resulting in ownership of only 73,557 shares valued at approximately $1.9 million.
• Institutional ownership of CLEAR Secure is significant, with various investors like Geneos Wealth Management and Fifth Third Bancorp substantially increasing their positions in the company.
• Recent analyst ratings have been positive, with Zacks Research upgrading CLEAR Secure to a "strong-buy" and multiple firms raising their price targets, reflecting an average target price of $34.71.

Voya Investment Management LLC decreased its position in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 44.4% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 73,557 shares of the company's stock after selling 58,777 shares during the period. Voya Investment Management LLC owned 0.06% of CLEAR Secure worth $1,906,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Geneos Wealth Management Inc. increased its position in CLEAR Secure by 329.5% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock worth $25,000 after purchasing an additional 748 shares during the last quarter. Harbor Investment Advisory LLC acquired a new position in CLEAR Secure during the first quarter worth approximately $27,000. Advisors Asset Management Inc. acquired a new position in CLEAR Secure during the first quarter worth approximately $28,000. Fifth Third Bancorp increased its position in CLEAR Secure by 217.0% during the first quarter. Fifth Third Bancorp now owns 1,116 shares of the company's stock worth $29,000 after purchasing an additional 764 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its position in CLEAR Secure by 72.0% during the first quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company's stock worth $38,000 after purchasing an additional 617 shares during the last quarter. Institutional investors and hedge funds own 73.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Zacks Research raised shares of CLEAR Secure from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 29th. Telsey Advisory Group increased their price objective 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. Stifel Nicolaus increased 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. Wall Street Zen raised shares of CLEAR Secure from a "hold" rating to a "buy" rating in a research report on Saturday, August 30th. Finally, The Goldman Sachs Group increased their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, CLEAR Secure presently has an average rating of "Moderate Buy" and an average price target of $34.71.

CLEAR Secure Stock Up 2.2%

YOU stock opened at $37.90 on Monday. CLEAR Secure, Inc. has a fifty-two week low of $21.67 and a fifty-two week high of $38.88. The firm's 50-day simple moving average is $33.49 and its 200 day simple moving average is $28.54. The stock has a market cap of $5.04 billion, a PE ratio of 23.69 and a beta of 1.27.

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

CLEAR Secure Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 10th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.50 annualized dividend and a yield of 1.3%. CLEAR Secure's dividend payout ratio (DPR) is presently 31.25%.

Insider Buying and Selling 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 transaction of $168,000.00. Following the transaction, the chief accounting officer owned 13,923 shares of the company's stock, valued at approximately $467,812.80. This trade represents a 26.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Adam Wiener sold 6,000 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $35.00, for a total transaction of $210,000.00. Following the transaction, the director directly owned 201,634 shares in the company, valued at approximately $7,057,190. The trade was a 2.89% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 61,027 shares of company stock valued at $2,043,243. Company 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.

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