Bank of New York Mellon Corp Sells 187,972 Shares of CLEAR Secure, Inc. $YOU

Bank of New York Mellon Corp decreased its stake in CLEAR Secure, Inc. (NYSE:YOU) by 20.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 715,746 shares of the company’s stock after selling 187,972 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.54% of CLEAR Secure worth $19,869,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Geneos Wealth Management Inc. increased its holdings in CLEAR Secure by 329.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $25,000 after acquiring an additional 748 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in shares of CLEAR Secure in the first quarter worth $28,000. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of CLEAR Secure in the first quarter worth $41,000. Twin Tree Management LP bought a new stake in shares of CLEAR Secure during the 1st quarter valued at $49,000. Finally, Fifth Third Bancorp lifted its stake in shares of CLEAR Secure by 61.8% during the 2nd quarter. Fifth Third Bancorp now owns 1,806 shares of the company’s stock valued at $50,000 after buying an additional 690 shares in the last quarter. 73.80% of the stock is owned by hedge funds and other institutional investors.

CLEAR Secure Stock Down 3.6%

CLEAR Secure stock opened at $36.68 on Monday. CLEAR Secure, Inc. has a 52-week low of $21.67 and a 52-week high of $39.00. The firm’s fifty day moving average is $33.87 and its 200 day moving average is $30.59. The company has a market cap of $4.88 billion, a price-to-earnings ratio of 22.37 and a beta of 1.23.

CLEAR Secure (NYSE:YOU) last posted its earnings results on Thursday, November 6th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. The firm had revenue of $229.19 million for the quarter, compared to the consensus estimate of $224.80 million. CLEAR Secure had a net margin of 20.97% and a return on equity of 119.82%. The business’s quarterly revenue was up 15.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.30 EPS. CLEAR Secure has set its Q4 2025 guidance at EPS. On average, equities research analysts anticipate that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal year.

CLEAR Secure Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 10th will be given a dividend of $0.125 per share. The ex-dividend date is Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a yield of 1.4%. CLEAR Secure’s dividend payout ratio is 30.49%.

Analysts Set New Price Targets

Several equities analysts have recently commented on YOU shares. Zacks Research downgraded CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings raised CLEAR Secure from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. Wall Street Zen downgraded CLEAR Secure from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. DA Davidson started coverage on shares of CLEAR Secure in a research report on Tuesday, September 16th. They set a “buy” rating and a $45.00 price objective on the stock. Finally, Telsey Advisory Group upped their target price on shares of CLEAR Secure from $37.00 to $38.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $39.33.

Insider Buying and Selling at CLEAR Secure

In other news, CAO Dennis W. Liu sold 2,027 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $36.00, for a total value of $72,972.00. Following the completion of the sale, the chief accounting officer owned 11,896 shares in the company, valued at approximately $428,256. This trade represents a 14.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Adam Wiener sold 6,000 shares of CLEAR Secure stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $36.04, for a total transaction of $216,240.00. Following the transaction, the director directly owned 187,634 shares of the company’s stock, valued at approximately $6,762,329.36. This represents a 3.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 42,027 shares of company stock worth $1,466,943 over the last ninety days. Company insiders own 39.73% of the company’s stock.

CLEAR Secure Profile

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.