41,249 Shares in CLEAR Secure, Inc. $YOU Purchased by Quantbot Technologies LP

Quantbot Technologies LP acquired a new stake in CLEAR Secure, Inc. (NYSE:YOU) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 41,249 shares of the company’s stock, valued at approximately $1,377,000.

A number of other institutional investors have also modified their holdings of the stock. First Horizon Advisors Inc. raised its stake in shares of CLEAR Secure by 22.4% during the second quarter. First Horizon Advisors Inc. now owns 1,804 shares of the company’s stock valued at $50,000 after acquiring an additional 330 shares in the last quarter. Personal CFO Solutions LLC increased its holdings in CLEAR Secure by 3.3% during the 2nd quarter. Personal CFO Solutions LLC now owns 10,362 shares of the company’s stock worth $288,000 after purchasing an additional 332 shares during the period. GAMMA Investing LLC raised its position in CLEAR Secure by 5.0% during the 3rd quarter. GAMMA Investing LLC now owns 7,364 shares of the company’s stock valued at $246,000 after purchasing an additional 351 shares in the last quarter. Savant Capital LLC lifted its holdings in shares of CLEAR Secure by 1.1% in the 2nd quarter. Savant Capital LLC now owns 34,508 shares of the company’s stock worth $958,000 after buying an additional 370 shares during the period. Finally, Oak Associates Ltd. OH grew its position in shares of CLEAR Secure by 0.6% during the 2nd quarter. Oak Associates Ltd. OH now owns 66,706 shares of the company’s stock worth $1,852,000 after buying an additional 428 shares in the last quarter. 73.80% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other CLEAR Secure news, Director Adam Wiener sold 18,000 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $43.07, for a total transaction of $775,260.00. Following the transaction, the director directly owned 147,634 shares of the company’s stock, valued at $6,358,596.38. This trade represents a 10.87% 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, President Michael Z. Barkin sold 22,885 shares of the business’s stock in a transaction dated Sunday, March 1st. The stock was sold at an average price of $48.22, for a total transaction of $1,103,514.70. Following the sale, the president directly owned 5,669 shares of the company’s stock, valued at $273,359.18. This represents a 80.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 135,020 shares of company stock worth $6,025,890. Corporate insiders own 39.73% of the company’s stock.

CLEAR Secure Stock Performance

Shares of NYSE YOU opened at $47.29 on Friday. The company has a market capitalization of $6.30 billion, a PE ratio of 42.22 and a beta of 1.13. The company’s fifty day moving average price is $35.99 and its 200 day moving average price is $35.19. CLEAR Secure, Inc. has a 1 year low of $23.00 and a 1 year high of $50.46.

CLEAR Secure (NYSE:YOU) last posted its earnings results on Wednesday, February 25th. The company reported $0.31 EPS for the quarter, meeting analysts’ consensus estimates of $0.31. The firm had revenue of $240.75 million for the quarter, compared to analysts’ expectations of $235.66 million. CLEAR Secure had a return on equity of 70.08% and a net margin of 12.12%.The company’s quarterly revenue was up 16.7% on a year-over-year basis. During the same period last year, the firm earned $0.91 EPS. On average, equities analysts expect that CLEAR Secure, Inc. will post 0.98 EPS for the current year.

CLEAR Secure Announces Dividend

The firm also recently announced a special dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, March 10th. This represents a dividend yield of 129.0%. CLEAR Secure’s dividend payout ratio (DPR) is 53.57%.

Analyst Upgrades and Downgrades

YOU has been the subject of a number of research reports. DA Davidson upped their price objective on shares of CLEAR Secure from $46.00 to $54.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Telsey Advisory Group upped their price target on shares of CLEAR Secure from $45.00 to $55.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Wells Fargo & Company lifted their target price on CLEAR Secure from $29.00 to $33.00 and gave the company an “underweight” rating in a research note on Thursday, February 26th. The Goldman Sachs Group set a $61.00 price objective on shares of CLEAR Secure and gave the company a “buy” rating in a report on Wednesday, February 25th. Finally, Wall Street Zen lowered CLEAR Secure from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $51.57.

About CLEAR Secure

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.