Mutual of America Capital Management LLC trimmed its holdings in CLEAR Secure, Inc. (NYSE:YOU – Free Report) by 13.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,853 shares of the company’s stock after selling 1,838 shares during the period. Mutual of America Capital Management LLC’s holdings in CLEAR Secure were worth $329,000 as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in the business. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in CLEAR Secure in the second quarter valued at $1,116,000. Chevy Chase Trust Holdings LLC raised its holdings in CLEAR Secure by 1.5% in the second quarter. Chevy Chase Trust Holdings LLC now owns 207,935 shares of the company’s stock valued at $5,772,000 after acquiring an additional 2,986 shares in the last quarter. Nordea Investment Management AB raised its stake in shares of CLEAR Secure by 0.9% in the 2nd quarter. Nordea Investment Management AB now owns 358,788 shares of the company’s stock valued at $9,859,000 after purchasing an additional 3,139 shares in the last quarter. New York State Teachers Retirement System raised its stake in shares of CLEAR Secure by 16.0% in the 2nd quarter. New York State Teachers Retirement System now owns 79,165 shares of the company’s stock valued at $2,198,000 after purchasing an additional 10,937 shares in the last quarter. Finally, Vest Financial LLC raised its stake in shares of CLEAR Secure by 69.6% in the 2nd quarter. Vest Financial LLC now owns 167,140 shares of the company’s stock valued at $4,640,000 after purchasing an additional 68,585 shares in the last quarter. 73.80% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the stock. Wall Street Zen lowered shares of CLEAR Secure from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. The Goldman Sachs Group upped their price objective on CLEAR Secure from $33.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Telsey Advisory Group upped their price target on CLEAR Secure from $32.00 to $37.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Wells Fargo & Company upped their price target on CLEAR Secure from $23.00 to $25.00 and gave the company an “underweight” rating in a research report on Wednesday, August 6th. Finally, DA Davidson initiated coverage on CLEAR Secure in a research report on Tuesday, September 16th. They set a “buy” rating and a $45.00 price target on the stock. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $34.71.
CLEAR Secure Price Performance
Shares of NYSE YOU opened at $31.23 on Thursday. CLEAR Secure, Inc. has a 1-year low of $21.67 and a 1-year high of $39.00. The business’s fifty day moving average price is $34.30 and its two-hundred day moving average price is $29.86. The firm has a market capitalization of $4.15 billion, a PE ratio of 19.52 and a beta of 1.24.
CLEAR Secure (NYSE:YOU – Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $214.90 million. During the same period last year, the company earned $0.34 earnings per share. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. CLEAR Secure has set its Q3 2025 guidance at EPS. Equities research analysts expect that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal 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 paid a $0.125 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $0.50 annualized dividend and a dividend yield of 1.6%. CLEAR Secure’s dividend payout ratio (DPR) is presently 31.25%.
Insider Buying and Selling at CLEAR Secure
In other CLEAR Secure news, President Michael Z. Barkin sold 16,050 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $35.22, for a total value of $565,281.00. Following the sale, the president owned 12,725 shares in the company, valued at approximately $448,174.50. This trade represents a 55.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Adam Wiener sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $33.02, for a total transaction of $264,160.00. Following the completion of the sale, the director owned 193,634 shares in the company, valued at $6,393,794.68. The trade was a 3.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 61,027 shares of company stock worth $2,074,903. 39.73% of the stock is owned by company 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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