Vest Financial LLC boosted its holdings in shares of CLEAR Secure, Inc. (NYSE:YOU – Free Report) by 69.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 167,140 shares of the company’s stock after acquiring an additional 68,585 shares during the quarter. Vest Financial LLC owned 0.13% of CLEAR Secure worth $4,640,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of YOU. Durable Capital Partners LP purchased a new position in CLEAR Secure during the 1st quarter valued at $76,673,000. Nuveen LLC purchased a new position in CLEAR Secure during the 1st quarter valued at $30,862,000. Copeland Capital Management LLC boosted its holdings in CLEAR Secure by 71.4% during the 1st quarter. Copeland Capital Management LLC now owns 1,976,459 shares of the company’s stock valued at $51,210,000 after acquiring an additional 823,166 shares during the period. Castellan Group purchased a new position in CLEAR Secure during the 1st quarter valued at $12,342,000. Finally, Goldman Sachs Group Inc. boosted its holdings in CLEAR Secure by 35.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company’s stock valued at $42,320,000 after acquiring an additional 430,035 shares during the period. Hedge funds and other institutional investors own 73.80% of the company’s stock.
Insider Transactions at CLEAR Secure
In other news, Director Adam Wiener sold 8,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $33.02, for a total value of $264,160.00. Following the completion of the transaction, the director directly owned 193,634 shares of the company’s stock, valued at approximately $6,393,794.68. The trade was a 3.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Michael Z. Barkin sold 20,000 shares of the business’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $32.81, for a total value of $656,200.00. Following the completion of the transaction, the president directly owned 12,725 shares of the company’s stock, valued at approximately $417,507.25. The trade was a 61.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 66,027 shares of company stock valued at $2,224,903. Corporate insiders own 39.73% of the company’s stock.
Wall Street Analyst Weigh In
Get Our Latest Analysis on YOU
CLEAR Secure Trading Up 3.3%
YOU opened at $30.58 on Tuesday. The firm has a market cap of $4.06 billion, a price-to-earnings ratio of 19.11 and a beta of 1.24. CLEAR Secure, Inc. has a 12 month low of $21.67 and a 12 month high of $39.00. The stock has a fifty day moving average price of $34.62 and a 200-day moving average price of $29.34.
CLEAR Secure (NYSE:YOU – Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.23 by $0.03. The firm had revenue of $219.47 million during the quarter, compared to analyst estimates of $214.90 million. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.34 EPS. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that CLEAR Secure, Inc. will post 0.98 EPS for the current year.
CLEAR Secure Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Wednesday, September 10th. CLEAR Secure’s payout ratio is presently 31.25%.
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.
Featured Stories
- Five stocks we like better than CLEAR Secure
- What is the MACD Indicator and How to Use it in Your Trading
- FICO’s Big Dip Could Be the Best Buying Chance of the Year
- What does consumer price index measure?
- D-Wave: Reevaluating the Short Seller’s Case After the Downgrade
- 3 Warren Buffett Stocks to Buy Now
- Datavault: A Speculative AI Play, But Beware of Volatility
Receive News & Ratings for CLEAR Secure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CLEAR Secure and related companies with MarketBeat.com's FREE daily email newsletter.