Jacobi Capital Management LLC Increases Position in CLEAR Secure, Inc. $YOU

Jacobi Capital Management LLC grew its holdings in shares of CLEAR Secure, Inc. (NYSE:YOU) by 1.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 113,886 shares of the company’s stock after buying an additional 1,703 shares during the quarter. Jacobi Capital Management LLC owned 0.08% of CLEAR Secure worth $2,951,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of YOU. New York State Common Retirement Fund lifted its holdings in CLEAR Secure by 6.3% during the 1st quarter. New York State Common Retirement Fund now owns 28,913 shares of the company’s stock valued at $749,000 after buying an additional 1,712 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of CLEAR Secure by 54.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 27,627 shares of the company’s stock worth $713,000 after acquiring an additional 9,768 shares during the period. Personal CFO Solutions LLC bought a new stake in shares of CLEAR Secure during the first quarter valued at approximately $260,000. Principal Financial Group Inc. boosted its holdings in shares of CLEAR Secure by 2.3% in the first quarter. Principal Financial Group Inc. now owns 519,264 shares of the company’s stock valued at $13,454,000 after purchasing an additional 11,633 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in CLEAR Secure by 132.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,681 shares of the company’s stock worth $614,000 after purchasing an additional 13,499 shares in the last quarter. 73.80% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on YOU shares. Stifel Nicolaus raised their price objective on CLEAR Secure from $26.00 to $28.00 and gave the stock a “hold” rating in a report on Tuesday, July 29th. Wells Fargo & Company raised their price target on CLEAR Secure from $23.00 to $25.00 and gave the company an “underweight” rating in a research note on Wednesday, August 6th. The Goldman Sachs Group lifted their price objective on CLEAR Secure from $33.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Telsey Advisory Group increased their target price on shares of CLEAR Secure from $32.00 to $37.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Finally, Zacks Research raised shares of CLEAR Secure from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $33.00.

CLEAR Secure Stock Down 1.1%

Shares of CLEAR Secure stock opened at $36.26 on Thursday. The company has a market cap of $4.82 billion, a P/E ratio of 22.66 and a beta of 1.27. The firm’s 50 day moving average price is $32.27 and its 200-day moving average price is $27.82. CLEAR Secure, Inc. has a 52-week low of $21.67 and a 52-week high of $38.88.

CLEAR Secure (NYSE:YOU) last posted its earnings results on Tuesday, August 5th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. The company had revenue of $219.47 million during the quarter, compared to analysts’ expectations of $214.90 million. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. CLEAR Secure’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.34 earnings per share. CLEAR Secure has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that CLEAR Secure, Inc. will post 0.98 EPS for the current fiscal year.

CLEAR Secure Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, September 10th. CLEAR Secure’s dividend payout ratio is currently 31.25%.

Insider Transactions at CLEAR Secure

In other CLEAR Secure news, CAO Dennis W. Liu sold 2,027 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $36.00, for a total value of $72,972.00. Following the completion of the sale, the chief accounting officer owned 11,896 shares of the company’s stock, valued at approximately $428,256. This trade represents a 14.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Michael Z. Barkin sold 16,050 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $35.22, for a total value of $565,281.00. Following the sale, the president owned 12,725 shares in the company, valued at $448,174.50. The trade was a 55.78% decrease in their position. The disclosure for this sale can be found here. Insiders sold 61,027 shares of company stock valued at $2,043,243 in the last quarter. 39.73% of the stock is currently owned by corporate insiders.

CLEAR Secure Company 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.