LGT Fund Management Co Ltd. Has $3.83 Million Holdings in CLEAR Secure, Inc. $YOU

LGT Fund Management Co Ltd. grew its stake in CLEAR Secure, Inc. (NYSE:YOU) by 33.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 138,100 shares of the company’s stock after buying an additional 34,743 shares during the quarter. LGT Fund Management Co Ltd.’s holdings in CLEAR Secure were worth $3,834,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in YOU. Geneos Wealth Management Inc. boosted its holdings in shares of CLEAR Secure by 329.5% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $25,000 after buying an additional 748 shares during the period. Advisors Asset Management Inc. acquired a new position in CLEAR Secure during the first quarter worth $28,000. Fifth Third Bancorp boosted its holdings in CLEAR Secure by 217.0% during the first quarter. Fifth Third Bancorp now owns 1,116 shares of the company’s stock worth $29,000 after purchasing an additional 764 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in CLEAR Secure by 72.0% during the first quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company’s stock worth $38,000 after purchasing an additional 617 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in CLEAR Secure during the first quarter worth $41,000. Institutional investors and hedge funds own 73.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on YOU. Weiss Ratings restated a “hold (c+)” rating on shares of CLEAR Secure in a report on Saturday, September 27th. Stifel Nicolaus increased their target price on shares of 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 increased their target price on shares of CLEAR Secure from $23.00 to $25.00 and gave the stock an “underweight” 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 upgraded shares of CLEAR Secure from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $34.71.

Insider Activity

In other news, President Michael Z. Barkin sold 20,000 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $32.81, for a total value of $656,200.00. Following the transaction, the president directly owned 12,725 shares of the company’s stock, valued at $417,507.25. This represents a 61.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Dennis W. Liu sold 5,000 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $33.60, for a total transaction of $168,000.00. Following the completion of the transaction, the chief accounting officer directly owned 13,923 shares in the company, valued at $467,812.80. The trade was a 26.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 66,027 shares of company stock valued at $2,224,903 over the last ninety days. 39.73% of the stock is currently owned by company insiders.

CLEAR Secure Price Performance

Shares of YOU stock opened at $31.75 on Friday. The stock has a market cap of $4.22 billion, a P/E ratio of 19.85 and a beta of 1.24. The company has a fifty day moving average price of $34.51 and a two-hundred day moving average price of $29.16. CLEAR Secure, Inc. has a one year low of $21.67 and a one year high of $39.00.

CLEAR Secure (NYSE:YOU) last announced its quarterly 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 firm 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%. The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last 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 anticipate that CLEAR Secure, Inc. will post 0.98 EPS for the current fiscal year.

CLEAR Secure Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th were given a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.50 annualized dividend and a dividend yield of 1.6%. CLEAR Secure’s dividend payout ratio is presently 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.