Wealth Enhancement Advisory Services LLC lifted its holdings in CLEAR Secure, Inc. (NYSE:YOU – Free Report) by 6.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,246 shares of the company’s stock after buying an additional 1,565 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in CLEAR Secure were worth $732,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in YOU. Geneos Wealth Management Inc. raised its holdings in shares of CLEAR Secure by 329.5% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $25,000 after buying an additional 748 shares during the last quarter. Advisors Asset Management Inc. acquired a new position in CLEAR Secure during the 1st quarter valued at about $28,000. Fifth Third Bancorp lifted its position in CLEAR Secure by 217.0% during the 1st quarter. Fifth Third Bancorp now owns 1,116 shares of the company’s stock valued at $29,000 after purchasing an additional 764 shares during the period. First Horizon Advisors Inc. lifted its position in CLEAR Secure by 72.0% during the 1st 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 period. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in CLEAR Secure during the 1st quarter valued at about $41,000. 73.80% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. Telsey Advisory Group upped their target price on shares of CLEAR Secure from $32.00 to $37.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. The Goldman Sachs Group upped their target price on shares of CLEAR Secure from $33.00 to $37.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Wall Street Zen upgraded shares of CLEAR Secure from a “hold” rating to a “buy” rating in a research report on Saturday, August 30th. Weiss Ratings restated a “hold (c+)” rating on shares of CLEAR Secure in a research report on Saturday, September 27th. Finally, Zacks Research upgraded shares of CLEAR Secure from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $34.71.
CLEAR Secure Stock Performance
NYSE YOU opened at $31.75 on Friday. The business has a 50 day simple moving average of $34.51 and a 200 day simple moving average of $29.16. CLEAR Secure, Inc. has a 52-week low of $21.67 and a 52-week high of $39.00. The stock has a market cap of $4.22 billion, a price-to-earnings ratio of 19.85 and a beta of 1.24.
CLEAR Secure (NYSE:YOU – Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.03. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.The firm had revenue of $219.47 million during the quarter, compared to the consensus estimate of $214.90 million. During the same quarter in the prior year, the firm posted $0.34 EPS. The business’s revenue was up 17.6% on a year-over-year basis. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, analysts predict that CLEAR Secure, Inc. will post 0.98 EPS for the current year.
CLEAR Secure Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders 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 dividend on an annualized basis and a yield of 1.6%. CLEAR Secure’s dividend payout ratio is 31.25%.
Insiders Place Their Bets
In other CLEAR Secure news, Director Adam Wiener sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $33.02, for a total transaction of $264,160.00. Following the completion of the transaction, the director owned 193,634 shares of the company’s stock, valued at $6,393,794.68. This represents a 3.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, President Michael Z. Barkin sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $32.81, for a total value of $656,200.00. Following the transaction, the president directly owned 12,725 shares of the company’s stock, valued at approximately $417,507.25. This trade represents a 61.12% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 66,027 shares of company stock valued at $2,224,903 in the last quarter. 39.73% of the stock is currently owned by insiders.
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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