Y Intercept Hong Kong Ltd bought a new position in shares of CLEAR Secure, Inc. (NYSE:YOU – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 99,437 shares of the company’s stock, valued at approximately $2,760,000. Y Intercept Hong Kong Ltd owned approximately 0.07% of CLEAR Secure at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the company. Cim LLC increased its holdings in CLEAR Secure by 1.0% during the 1st quarter. Cim LLC now owns 58,156 shares of the company’s stock worth $1,507,000 after purchasing an additional 590 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in CLEAR Secure by 72.0% during the 1st quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company’s stock worth $38,000 after purchasing an additional 617 shares in the last quarter. Fifth Third Bancorp increased its holdings in CLEAR Secure by 61.8% during the 2nd quarter. Fifth Third Bancorp now owns 1,806 shares of the company’s stock worth $50,000 after purchasing an additional 690 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in CLEAR Secure by 329.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $25,000 after purchasing an additional 748 shares in the last quarter. Finally, Advisors Asset Management Inc. bought a new position in CLEAR Secure during the 1st quarter worth about $28,000. Institutional investors own 73.80% of the company’s stock.
Insider Activity at CLEAR Secure
In related news, President Michael Z. Barkin sold 16,050 shares of the firm’s 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 completion of the sale, the president directly owned 12,725 shares in the company, valued at approximately $448,174.50. This trade represents a 55.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Adam Wiener sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $33.02, for a total transaction of $264,160.00. Following the completion of the sale, the director owned 193,634 shares of the company’s stock, valued at $6,393,794.68. This trade represents a 3.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 61,027 shares of company stock worth $2,074,903. Insiders own 39.73% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on YOU
CLEAR Secure Price Performance
Shares of NYSE YOU opened at $31.25 on Friday. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 19.53 and a beta of 1.24. The business has a 50-day moving average of $34.24 and a 200-day moving average of $29.87. CLEAR Secure, Inc. has a fifty-two week low of $21.67 and a fifty-two week high of $39.00.
CLEAR Secure (NYSE:YOU – Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.03. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.The company had revenue of $219.47 million during the quarter, compared to analysts’ expectations of $214.90 million. During the same quarter last year, the company earned $0.34 EPS. CLEAR Secure’s revenue for the quarter was up 17.6% compared to the same quarter last year. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that CLEAR Secure, Inc. will post 0.98 EPS for the current year.
CLEAR Secure Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 10th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.6%. The ex-dividend date was Wednesday, September 10th. CLEAR Secure’s dividend payout ratio (DPR) is 31.25%.
CLEAR Secure Profile
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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