Copeland Capital Management LLC Has $78.48 Million Stock Holdings in CLEAR Secure, Inc. $YOU

Copeland Capital Management LLC cut its position in shares of CLEAR Secure, Inc. (NYSE:YOU) by 5.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,237,026 shares of the company’s stock after selling 119,642 shares during the period. CLEAR Secure comprises 1.8% of Copeland Capital Management LLC’s portfolio, making the stock its 7th biggest position. Copeland Capital Management LLC’s holdings in CLEAR Secure were worth $78,475,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vest Financial LLC raised its position in CLEAR Secure by 17.7% during the 3rd quarter. Vest Financial LLC now owns 196,667 shares of the company’s stock valued at $6,565,000 after purchasing an additional 29,527 shares in the last quarter. Black Swift Group LLC bought a new stake in CLEAR Secure during the 3rd quarter valued at $907,000. First Trust Advisors LP raised its position in CLEAR Secure by 1.2% during the 3rd quarter. First Trust Advisors LP now owns 3,063,062 shares of the company’s stock valued at $102,245,000 after purchasing an additional 35,304 shares in the last quarter. CWA Asset Management Group LLC raised its position in CLEAR Secure by 210.8% during the 4th quarter. CWA Asset Management Group LLC now owns 61,169 shares of the company’s stock valued at $2,146,000 after purchasing an additional 41,485 shares in the last quarter. Finally, Versor Investments LP bought a new stake in CLEAR Secure during the 3rd quarter valued at $1,152,000. 73.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, President Michael Z. Barkin sold 22,885 shares of the business’s stock in a transaction on Sunday, March 1st. The stock was sold at an average price of $48.22, for a total transaction of $1,103,514.70. Following the transaction, the president directly owned 5,669 shares in the company, valued at $273,359.18. The trade was a 80.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Dennis W. Liu sold 7,950 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $48.57, for a total value of $386,131.50. Following the transaction, the chief accounting officer owned 10,960 shares in the company, valued at approximately $532,327.20. This trade represents a 42.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 97,488 shares of company stock valued at $4,579,078 in the last 90 days. Corporate insiders own 39.73% of the company’s stock.

CLEAR Secure Price Performance

Shares of YOU stock opened at $53.63 on Friday. CLEAR Secure, Inc. has a 1-year low of $23.76 and a 1-year high of $59.51. The stock’s fifty day moving average price is $47.06 and its 200 day moving average price is $38.66. The company has a market cap of $7.15 billion, a price-to-earnings ratio of 47.89 and a beta of 1.10.

CLEAR Secure (NYSE:YOU) last announced its earnings results on Wednesday, February 25th. The company reported $0.31 earnings per share for the quarter, hitting the consensus estimate of $0.31. CLEAR Secure had a return on equity of 70.08% and a net margin of 12.12%.The firm had revenue of $240.75 million for the quarter, compared to the consensus estimate of $235.66 million. During the same period in the previous year, the business earned $0.91 EPS. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. As a group, equities research analysts anticipate that CLEAR Secure, Inc. will post 1.61 earnings per share for the current year.

CLEAR Secure Announces Dividend

The firm also recently announced a special dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were paid a dividend of $0.20 per share. This represents a yield of 131.0%. The ex-dividend date was Tuesday, March 10th. CLEAR Secure’s payout ratio is 53.57%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. DA Davidson boosted their price target on CLEAR Secure from $54.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, March 26th. JPMorgan Chase & Co. boosted their price target on CLEAR Secure from $42.00 to $47.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Weiss Ratings lowered CLEAR Secure from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 3rd. The Goldman Sachs Group set a $61.00 price target on CLEAR Secure and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Finally, Telsey Advisory Group boosted their price target on CLEAR Secure from $45.00 to $55.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, CLEAR Secure presently has an average rating of “Moderate Buy” and a consensus target price of $53.14.

CLEAR Secure Company Profile

CLEAR Secure, Inc operates a biometric identity platform designed to expedite identity verification for air travelers and venue guests. The company’s core offering is the CLEAR membership service, which uses fingerprint and iris scans to confirm a member’s identity and provide access to dedicated security lanes at participating airports. Members link government-issued IDs and personal biometric data via the CLEAR app, enabling faster processing through Transportation Security Administration (TSA) checkpoints and select event entrances.

Founded in 2010 by Caryn Seidman‐Becker and Ken Cornick, CLEAR is headquartered in New York City.