CLEAR Secure (NYSE:YOU) Receives Outperform Rating from Telsey Advisory Group

CLEAR Secure (NYSE:YOU)‘s stock had its “outperform” rating reissued by equities research analysts at Telsey Advisory Group in a report released on Wednesday,Benzinga reports. They currently have a $45.00 price target on the stock. Telsey Advisory Group’s price target would indicate a potential upside of 38.46% from the company’s previous close.

A number of other equities analysts have also recently weighed in on the stock. Weiss Ratings cut shares of CLEAR Secure from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 3rd. Zacks Research lowered CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. JPMorgan Chase & Co. raised CLEAR Secure from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $35.00 to $42.00 in a research note on Friday, December 12th. Wall Street Zen lowered CLEAR Secure from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. Finally, Wells Fargo & Company raised their target price on CLEAR Secure from $25.00 to $29.00 and gave the company an “underweight” rating in a report on Friday, November 7th. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, CLEAR Secure has an average rating of “Hold” and an average target price of $40.86.

CLEAR Secure Price Performance

Shares of YOU stock opened at $32.50 on Wednesday. CLEAR Secure has a 1-year low of $21.67 and a 1-year high of $42.29. The firm has a market cap of $4.33 billion, a PE ratio of 19.82 and a beta of 1.21. The company has a 50-day moving average of $34.98 and a two-hundred day moving average of $34.43.

Insider Buying and Selling at CLEAR Secure

In other CLEAR Secure news, insider Lynn Haaland sold 15,532 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $41.00, for a total transaction of $636,812.00. Following the sale, the insider owned 15,533 shares in the company, valued at $636,853. This represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Adam Wiener sold 14,000 shares of the stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $35.00, for a total value of $490,000.00. Following the completion of the sale, the director directly owned 165,634 shares in the company, valued at $5,797,190. This represents a 7.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 37,532 shares of company stock valued at $1,446,812 over the last three months. 39.73% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in YOU. Geneos Wealth Management Inc. raised its holdings in shares of CLEAR Secure by 329.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $25,000 after purchasing an additional 748 shares in the last quarter. Advisors Asset Management Inc. acquired a new position in shares of CLEAR Secure during the first quarter worth $28,000. Caitong International Asset Management Co. Ltd increased its holdings in CLEAR Secure by 249.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 867 shares of the company’s stock valued at $30,000 after buying an additional 619 shares during the last quarter. Allworth Financial LP raised its stake in CLEAR Secure by 118.8% in the fourth quarter. Allworth Financial LP now owns 1,022 shares of the company’s stock valued at $36,000 after buying an additional 555 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its holdings in CLEAR Secure by 22.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,804 shares of the company’s stock worth $50,000 after buying an additional 330 shares during the last quarter. Institutional investors and hedge funds own 73.80% of the company’s stock.

CLEAR Secure Company 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.