Jackson Creek Investment Advisors LLC Makes New $403,000 Investment in CLEAR Secure, Inc. $YOU

Jackson Creek Investment Advisors LLC acquired a new position in shares of CLEAR Secure, Inc. (NYSE:YOU) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 11,488 shares of the company’s stock, valued at approximately $403,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Durable Capital Partners LP increased its holdings in CLEAR Secure by 153.1% during the 2nd quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company’s stock worth $207,932,000 after purchasing an additional 4,531,161 shares during the last quarter. First Trust Advisors LP increased its holdings in CLEAR Secure by 1.2% during the 3rd quarter. First Trust Advisors LP now owns 3,063,062 shares of the company’s stock worth $102,245,000 after purchasing an additional 35,304 shares during the last quarter. Wellington Management Group LLP increased its holdings in CLEAR Secure by 5.9% during the 3rd quarter. Wellington Management Group LLP now owns 2,489,607 shares of the company’s stock worth $83,103,000 after purchasing an additional 139,048 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of CLEAR Secure by 35.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company’s stock worth $42,320,000 after acquiring an additional 430,035 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of CLEAR Secure by 2.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,601,851 shares of the company’s stock worth $53,491,000 after acquiring an additional 36,056 shares in the last quarter. 73.80% of the stock is currently owned by hedge funds and other institutional investors.

CLEAR Secure Stock Performance

YOU stock opened at $56.70 on Friday. The stock has a market capitalization of $7.56 billion, a price-to-earnings ratio of 45.73 and a beta of 1.09. CLEAR Secure, Inc. has a 1 year low of $24.06 and a 1 year high of $62.73. The stock’s fifty day moving average is $54.29 and its two-hundred day moving average is $43.02.

CLEAR Secure (NYSE:YOU) last posted its earnings results on Wednesday, May 6th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.03. The company had revenue of $253.00 million for the quarter, compared to analysts’ expectations of $244.38 million. CLEAR Secure had a return on equity of 68.98% and a net margin of 13.01%.The firm’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period last year, the business posted $0.26 earnings per share. As a group, analysts predict that CLEAR Secure, Inc. will post 1.78 EPS for the current fiscal year.

CLEAR Secure Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, June 10th. CLEAR Secure’s payout ratio is 48.39%.

Insiders Place Their Bets

In other CLEAR Secure news, insider Lynn Haaland sold 11,064 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $47.44, for a total transaction of $524,876.16. Following the completion of the transaction, the insider owned 7,375 shares in the company, valued at approximately $349,870. The trade was a 60.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Michael Z. Barkin sold 22,885 shares of the business’s stock in a transaction on Sunday, March 1st. The stock was sold at an average price of $48.22, for a total value of $1,103,514.70. Following the transaction, the president owned 5,669 shares of the company’s stock, valued at $273,359.18. This trade represents a 80.15% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 46,311 shares of company stock worth $2,274,919. Insiders own 39.73% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on YOU shares. Weiss Ratings upgraded CLEAR Secure from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 15th. Wells Fargo & Company lifted their target price on CLEAR Secure from $33.00 to $40.00 and gave the stock an “underweight” rating in a research report on Thursday, May 7th. The Goldman Sachs Group reiterated a “buy” rating and issued a $75.00 target price on shares of CLEAR Secure in a research report on Thursday, May 7th. Wall Street Zen upgraded CLEAR Secure from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Stifel Nicolaus set a $60.00 target price on CLEAR Secure in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $60.00.

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.