Empowered Funds LLC Buys New Shares in CLEAR Secure, Inc. $YOU

Empowered Funds LLC purchased a new position in CLEAR Secure, Inc. (NYSE:YOU) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 625,480 shares of the company’s stock, valued at approximately $17,363,000. Empowered Funds LLC owned about 0.47% of CLEAR Secure at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in YOU. New York State Common Retirement Fund lifted its holdings in shares of 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 worth $749,000 after acquiring an additional 1,712 shares during the period. Jump Financial LLC raised its position in CLEAR Secure by 110.0% in the first quarter. Jump Financial LLC now owns 132,199 shares of the company’s stock worth $3,425,000 after purchasing an additional 69,259 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in CLEAR Secure by 189.6% during the first quarter. Arkadios Wealth Advisors now owns 39,794 shares of the company’s stock worth $1,031,000 after purchasing an additional 26,052 shares during the period. Victory Capital Management Inc. boosted its holdings in CLEAR Secure by 3.8% during the first quarter. Victory Capital Management Inc. now owns 766,503 shares of the company’s stock valued at $19,860,000 after purchasing an additional 28,110 shares in the last quarter. Finally, Harbor Capital Advisors Inc. boosted its holdings in CLEAR Secure by 163.9% during the second quarter. Harbor Capital Advisors Inc. now owns 69,651 shares of the company’s stock valued at $1,934,000 after purchasing an additional 43,262 shares in the last quarter. Institutional investors and hedge funds own 73.80% of the company’s stock.

Insider Activity

In other CLEAR Secure news, CAO Dennis W. Liu sold 2,027 shares of the 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 transaction, the chief accounting officer owned 11,896 shares of the company’s stock, valued at approximately $428,256. This represents a 14.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Adam Wiener sold 8,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $33.02, for a total value of $264,160.00. Following the completion of the sale, the director directly owned 193,634 shares of the company’s stock, valued at approximately $6,393,794.68. This trade represents a 3.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 42,027 shares of company stock valued at $1,466,943 in the last 90 days. 39.73% of the stock is owned by company insiders.

CLEAR Secure Stock Down 3.9%

Shares of NYSE:YOU opened at $35.22 on Tuesday. The firm has a market cap of $4.69 billion, a P/E ratio of 21.48 and a beta of 1.23. CLEAR Secure, Inc. has a 12 month low of $21.67 and a 12 month high of $39.00. The company’s 50-day moving average price is $33.88 and its two-hundred day moving average price is $30.67.

CLEAR Secure (NYSE:YOU) last announced its earnings results on Thursday, November 6th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. The company had revenue of $229.19 million for the quarter, compared to analyst estimates of $224.80 million. CLEAR Secure had a net margin of 20.97% and a return on equity of 119.82%. During the same period in the prior year, the business earned $0.30 earnings per share. CLEAR Secure’s quarterly revenue was up 15.5% on a year-over-year basis. CLEAR Secure has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal year.

CLEAR Secure Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 10th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. CLEAR Secure’s dividend payout ratio is 30.49%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on YOU. Stifel Nicolaus set a $38.00 target price on CLEAR Secure in a report on Thursday, November 6th. Zacks Research lowered CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Weiss Ratings upgraded shares of CLEAR Secure from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, November 12th. Wall Street Zen lowered shares of CLEAR Secure from a “buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Telsey Advisory Group lifted their price target on shares of CLEAR Secure from $37.00 to $38.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, CLEAR Secure has an average rating of “Moderate Buy” and a consensus target price of $39.33.

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.