Allspring Global Investments Holdings LLC Has $728,000 Position in CLEAR Secure, Inc. $YOU

Allspring Global Investments Holdings LLC cut its holdings in shares of CLEAR Secure, Inc. (NYSE:YOU) by 5.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,013 shares of the company’s stock after selling 1,614 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in CLEAR Secure were worth $728,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Robeco Institutional Asset Management B.V. boosted its holdings in shares of CLEAR Secure by 0.8% during the first quarter. Robeco Institutional Asset Management B.V. now owns 62,763 shares of the company’s stock worth $1,626,000 after purchasing an additional 481 shares during the period. Cim LLC boosted its stake in shares of CLEAR Secure by 1.0% during the 1st quarter. Cim LLC now owns 58,156 shares of the company’s stock valued at $1,507,000 after buying an additional 590 shares during the period. First Horizon Advisors Inc. grew its holdings in shares of 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 acquiring an additional 617 shares in the last quarter. Fifth Third Bancorp increased its stake in shares of CLEAR Secure by 61.8% in the second quarter. Fifth Third Bancorp now owns 1,806 shares of the company’s stock worth $50,000 after acquiring an additional 690 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in 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. Institutional investors and hedge funds own 73.80% of the company’s stock.

Analyst Upgrades and Downgrades

YOU has been the topic of several research reports. DA Davidson began coverage on CLEAR Secure in a research report on Tuesday, September 16th. They issued a “buy” rating and a $45.00 target price on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of CLEAR Secure in a research note on Wednesday, October 8th. Wells Fargo & Company raised their price objective on CLEAR Secure from $23.00 to $25.00 and gave the company an “underweight” rating in a research note on Wednesday, August 6th. The Goldman Sachs Group upped their target price on CLEAR Secure from $33.00 to $37.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, Telsey Advisory Group increased their price target on CLEAR Secure from $32.00 to $37.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $34.71.

Insiders Place Their Bets

In other CLEAR Secure news, CAO Dennis W. Liu sold 2,027 shares of CLEAR Secure stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $36.00, for a total transaction of $72,972.00. Following the sale, the chief accounting officer owned 11,896 shares in the company, valued at $428,256. The trade was a 14.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, President Michael Z. Barkin sold 16,050 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $35.22, for a total transaction of $565,281.00. Following the completion of the sale, the president directly owned 12,725 shares in the company, valued at $448,174.50. This trade represents a 55.78% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 61,027 shares of company stock worth $2,074,903. 39.73% of the stock is currently owned by company insiders.

CLEAR Secure Trading Down 0.3%

Shares of YOU stock opened at $32.43 on Friday. The firm has a market capitalization of $4.31 billion, a P/E ratio of 20.27 and a beta of 1.24. CLEAR Secure, Inc. has a 1 year low of $21.67 and a 1 year high of $39.00. The firm’s fifty day simple moving average is $34.47 and its 200 day simple moving average is $29.64.

CLEAR Secure (NYSE:YOU) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.03. The company had revenue of $219.47 million for the quarter, compared to the consensus estimate of $214.90 million. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. The business’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.34 EPS. CLEAR Secure has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that CLEAR Secure, Inc. will post 0.98 EPS for the current fiscal year.

CLEAR Secure Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 10th were issued a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.50 annualized dividend and a yield of 1.5%. CLEAR Secure’s dividend payout ratio is 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.