AdvisorShares Investments LLC acquired a new stake in shares of CLEAR Secure, Inc. (NYSE:YOU – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 16,900 shares of the company’s stock, valued at approximately $469,000.
Several other hedge funds have also recently made changes to their positions in the stock. Cim LLC raised its holdings in shares of CLEAR Secure by 1.0% during the first quarter. Cim LLC now owns 58,156 shares of the company’s stock valued at $1,507,000 after purchasing an additional 590 shares during the last quarter. First Horizon Advisors Inc. raised its holdings in shares of CLEAR Secure by 72.0% during the first quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company’s stock valued at $38,000 after purchasing an additional 617 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of CLEAR Secure by 61.8% during the second quarter. Fifth Third Bancorp now owns 1,806 shares of the company’s stock valued at $50,000 after purchasing an additional 690 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of CLEAR Secure by 329.5% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $25,000 after purchasing an additional 748 shares during the last quarter. Finally, Advisors Asset Management Inc. purchased a new position in shares of CLEAR Secure during the first quarter valued at approximately $28,000. 73.80% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at CLEAR Secure
In related news, CAO Dennis W. Liu sold 5,000 shares of the firm’s stock in a transaction on 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 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 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 CLEAR Secure stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $32.81, for a total transaction of $656,200.00. Following the completion of the transaction, the president directly owned 12,725 shares of the company’s stock, valued at $417,507.25. The trade was a 61.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 61,027 shares of company stock valued at $2,074,903. Corporate insiders own 39.73% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Stock Report on CLEAR Secure
CLEAR Secure Stock Performance
YOU opened at $31.25 on Friday. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 19.53 and a beta of 1.24. The company has a fifty day moving average of $34.24 and a 200 day moving average of $29.87. CLEAR Secure, Inc. has a fifty-two week low of $21.67 and a fifty-two week high of $39.00.
CLEAR Secure (NYSE:YOU – Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate 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 quarterly revenue was up 17.6% on a year-over-year basis. During the same period last year, the company posted $0.34 earnings per share. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that CLEAR Secure, Inc. will post 0.98 earnings per share for the current year.
CLEAR Secure Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 10th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, September 10th. CLEAR Secure’s dividend payout ratio (DPR) is presently 31.25%.
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.
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