Castle Rock Wealth Management LLC Sells 1,608 Shares of CLEAR Secure, Inc. $YOU

Castle Rock Wealth Management LLC lowered its stake in CLEAR Secure, Inc. (NYSE:YOU) by 10.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 14,370 shares of the company’s stock after selling 1,608 shares during the quarter. Castle Rock Wealth Management LLC’s holdings in CLEAR Secure were worth $430,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of YOU. Durable Capital Partners LP bought a new stake in CLEAR Secure in the first quarter valued at approximately $76,673,000. Nuveen LLC bought a new position in shares of CLEAR Secure during the first quarter valued at approximately $30,862,000. Copeland Capital Management LLC raised its holdings in shares of CLEAR Secure by 71.4% during the first 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 in the last quarter. Castellan Group bought a new position in shares of CLEAR Secure during the first quarter valued at approximately $12,342,000. Finally, Goldman Sachs Group Inc. raised its holdings in shares of CLEAR Secure by 35.7% during the first 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 in the last quarter. Institutional investors own 73.80% of the company’s stock.

CLEAR Secure Price Performance

CLEAR Secure stock opened at $30.33 on Thursday. CLEAR Secure, Inc. has a one year low of $21.67 and a one year high of $39.00. The stock has a market capitalization of $4.03 billion, a PE ratio of 18.96 and a beta of 1.24. The business’s fifty day moving average is $34.56 and its 200 day moving average is $29.24.

CLEAR Secure (NYSE:YOU) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.26 EPS 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 for the quarter, compared to analysts’ expectations of $214.90 million. During the same period last year, the firm posted $0.34 earnings per share. CLEAR Secure’s revenue was up 17.6% compared to the same quarter last year. CLEAR Secure has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect 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 was paid on Wednesday, September 17th. Investors of record on Wednesday, September 10th were given a dividend of $0.125 per share. 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 (DPR) is 31.25%.

Insiders Place Their Bets

In other CLEAR Secure news, CAO Dennis W. Liu sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $33.60, for a total value of $168,000.00. Following the transaction, the chief accounting officer directly owned 13,923 shares of the company’s stock, valued at approximately $467,812.80. This trade represents a 26.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Adam Wiener sold 8,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at $6,393,794.68. This trade represents a 3.97% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 66,027 shares of company stock valued at $2,224,903. Insiders own 39.73% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Wall Street Zen upgraded CLEAR Secure from a “hold” rating to a “buy” rating in a report on Saturday, August 30th. Weiss Ratings restated a “hold (c+)” rating on shares of CLEAR Secure in a report on Wednesday. Telsey Advisory Group upped their target price on CLEAR Secure from $32.00 to $37.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Wells Fargo & Company upped their target price on CLEAR Secure from $23.00 to $25.00 and gave the company an “underweight” rating in a report on Wednesday, August 6th. Finally, The Goldman Sachs Group upped their target price on CLEAR Secure from $33.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $34.71.

About CLEAR Secure

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.