One Capital Management LLC Acquires Shares of 36,213 CLEAR Secure, Inc. $YOU

One Capital Management LLC acquired a new stake in CLEAR Secure, Inc. (NYSE:YOU) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 36,213 shares of the company’s stock, valued at approximately $1,270,000.

Other hedge funds also recently bought and sold shares of the company. Geneos Wealth Management Inc. grew its position in CLEAR Secure by 329.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $25,000 after acquiring an additional 748 shares during the last quarter. Advisors Asset Management Inc. bought a new position in CLEAR Secure in the 1st quarter valued at $28,000. Allworth Financial LP lifted its holdings in shares of CLEAR Secure by 118.8% in the 4th quarter. Allworth Financial LP now owns 1,022 shares of the company’s stock worth $36,000 after buying an additional 555 shares during the period. Strs Ohio purchased a new stake in shares of CLEAR Secure in the 3rd quarter worth $53,000. Finally, Holos Integrated Wealth LLC purchased a new stake in shares of CLEAR Secure in the 4th quarter worth $53,000. Institutional investors own 73.80% of the company’s stock.

CLEAR Secure Price Performance

Shares of NYSE YOU opened at $56.04 on Thursday. The stock has a market capitalization of $7.47 billion, a P/E ratio of 45.20 and a beta of 1.08. CLEAR Secure, Inc. has a 1-year low of $24.06 and a 1-year high of $62.73. The business has a fifty day moving average price of $54.82 and a 200 day moving average price of $43.55.

CLEAR Secure (NYSE:YOU) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.03. The firm had revenue of $253.00 million during the quarter, compared to analysts’ expectations of $244.38 million. CLEAR Secure had a return on equity of 68.98% and a net margin of 13.01%.The firm’s quarterly revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.26 EPS. As a group, equities research analysts anticipate that CLEAR Secure, Inc. will post 1.78 earnings per share for the current fiscal year.

CLEAR Secure Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Wednesday, June 10th. CLEAR Secure’s dividend payout ratio is 48.39%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. DA Davidson reiterated a “neutral” rating and issued a $60.00 target price (down from $65.00) on shares of CLEAR Secure in a report on Thursday, May 7th. The Goldman Sachs Group reiterated a “buy” rating and issued a $75.00 target price on shares of CLEAR Secure in a report on Thursday, May 7th. Needham & Company LLC upped their target price on CLEAR Secure from $60.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Wall Street Zen upgraded CLEAR Secure from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Wells Fargo & Company upped their target price on CLEAR Secure from $33.00 to $40.00 and gave the stock an “underweight” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, CLEAR Secure has a consensus rating of “Moderate Buy” and a consensus target price of $60.00.

Insider Buying and Selling

In related news, President Michael Z. Barkin sold 11,550 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $56.29, for a total transaction of $650,149.50. Following the completion of the sale, the president directly owned 22,994 shares in the company, valued at $1,294,332.26. This represents a 33.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kyle Mclaughlin sold 8,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $56.20, for a total value of $449,600.00. Following the sale, the executive vice president owned 29,519 shares of the company’s stock, valued at $1,658,967.80. This trade represents a 21.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 23,962 shares of company stock worth $1,360,146 in the last three months. 39.73% of the stock is owned by insiders.

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.