RFG Advisory LLC Acquires New Stake in CLEAR Secure, Inc. $YOU

RFG Advisory LLC acquired a new position in CLEAR Secure, Inc. (NYSE:YOU) during the 3rd quarter, Holdings Channel reports. The firm acquired 21,651 shares of the company’s stock, valued at approximately $723,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Plato Investment Management Ltd grew its holdings in CLEAR Secure by 33.2% during the third quarter. Plato Investment Management Ltd now owns 3,689 shares of the company’s stock valued at $122,000 after purchasing an additional 919 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its holdings in CLEAR Secure by 1.9% in the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 166,239 shares of the company’s stock worth $5,549,000 after buying an additional 3,043 shares during the period. SBI Securities Co. Ltd. lifted its position in shares of CLEAR Secure by 14.0% in the third quarter. SBI Securities Co. Ltd. now owns 3,634 shares of the company’s stock valued at $121,000 after acquiring an additional 447 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of CLEAR Secure by 1.6% during the third quarter. Envestnet Asset Management Inc. now owns 601,298 shares of the company’s stock worth $20,071,000 after purchasing an additional 9,351 shares in the last quarter. Finally, State of Wyoming boosted its stake in CLEAR Secure by 167.0% in the 3rd quarter. State of Wyoming now owns 12,069 shares of the company’s stock worth $403,000 after purchasing an additional 7,548 shares during the period. Hedge funds and other institutional investors own 73.80% of the company’s stock.

Analysts Set New Price Targets

YOU has been the topic of several research analyst reports. 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. DA Davidson set a $46.00 target price on shares of CLEAR Secure and gave the stock a “buy” rating in a report on Tuesday, December 16th. The Goldman Sachs Group upped their price objective on CLEAR Secure from $37.00 to $41.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Stifel Nicolaus set a $38.00 target price on shares of CLEAR Secure in a research note on Thursday, November 6th. Finally, Wells Fargo & Company raised their price objective on shares of CLEAR Secure from $25.00 to $29.00 and gave the stock an “underweight” rating in a research note on Friday, November 7th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $40.86.

Insider Buying and Selling

In other news, insider Lynn Haaland sold 15,532 shares of CLEAR Secure stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $41.00, for a total value of $636,812.00. Following the sale, the insider directly owned 15,533 shares of the company’s stock, valued at $636,853. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Adam Wiener sold 14,000 shares of CLEAR Secure stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $35.00, for a total transaction of $490,000.00. Following the sale, the director directly owned 165,634 shares in the company, valued at approximately $5,797,190. This trade represents a 7.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 37,532 shares of company stock valued at $1,446,812 in the last three months. Insiders own 39.73% of the company’s stock.

CLEAR Secure Price Performance

Shares of NYSE:YOU opened at $32.67 on Friday. The business’s 50 day moving average price is $35.06 and its 200-day moving average price is $34.30. The firm has a market capitalization of $4.35 billion, a price-to-earnings ratio of 19.92 and a beta of 1.21. CLEAR Secure, Inc. has a 1 year low of $21.67 and a 1 year high of $42.29.

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.