CWA Asset Management Group LLC Buys 41,485 Shares of CLEAR Secure, Inc. $YOU

CWA Asset Management Group LLC increased its position in CLEAR Secure, Inc. (NYSE:YOU) by 210.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,169 shares of the company’s stock after buying an additional 41,485 shares during the period. CWA Asset Management Group LLC’s holdings in CLEAR Secure were worth $2,146,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Holos Integrated Wealth LLC bought a new position in CLEAR Secure in the fourth quarter worth approximately $53,000. CIBC Bancorp USA Inc. bought a new stake in shares of CLEAR Secure during the third quarter valued at approximately $298,000. Jacobs Levy Equity Management Inc. increased its holdings in shares of CLEAR Secure by 6,038.7% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,463,717 shares of the company’s stock valued at $48,859,000 after acquiring an additional 1,439,873 shares in the last quarter. Caxton Associates LLP acquired a new position in shares of CLEAR Secure during the third quarter worth approximately $888,000. Finally, XTX Topco Ltd raised its position in shares of CLEAR Secure by 52.6% during the third quarter. XTX Topco Ltd now owns 59,875 shares of the company’s stock worth $1,999,000 after purchasing an additional 20,628 shares during the period. 73.80% of the stock is owned by institutional investors.

CLEAR Secure Trading Down 1.6%

Shares of CLEAR Secure stock opened at $48.00 on Friday. The stock has a fifty day simple moving average of $38.42 and a 200 day simple moving average of $36.04. CLEAR Secure, Inc. has a 12-month low of $23.00 and a 12-month high of $50.46. The company has a market capitalization of $6.40 billion, a P/E ratio of 42.86 and a beta of 1.13.

CLEAR Secure (NYSE:YOU) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.31 earnings per share for the quarter, meeting the consensus estimate of $0.31. The business had revenue of $240.75 million for the quarter, compared to analysts’ expectations of $235.66 million. CLEAR Secure had a return on equity of 70.08% and a net margin of 12.12%.The business’s revenue was up 16.7% on a year-over-year basis. During the same period last year, the business earned $0.91 EPS. On average, analysts predict that CLEAR Secure, Inc. will post 0.98 EPS for the current year.

CLEAR Secure Announces Dividend

The company also recently declared a special dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be given a dividend of $0.20 per share. This represents a dividend yield of 131.0%. The ex-dividend date of this dividend is Tuesday, March 10th. CLEAR Secure’s dividend payout ratio (DPR) is presently 53.57%.

Analyst Ratings Changes

Several analysts recently issued reports on YOU shares. Zacks Research downgraded shares of CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Needham & Company LLC upped their price objective on shares of CLEAR Secure from $45.00 to $60.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. DA Davidson raised their price objective on shares of CLEAR Secure from $46.00 to $54.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Wells Fargo & Company lifted their price objective on shares of CLEAR Secure from $29.00 to $33.00 and gave the company an “underweight” rating in a report on Thursday, February 26th. Finally, The Goldman Sachs Group set a $61.00 target price on shares of CLEAR Secure and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $51.57.

Insider Activity

In other CLEAR Secure news, CAO Dennis W. Liu sold 7,950 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $48.57, for a total value of $386,131.50. Following the completion of the sale, the chief accounting officer owned 10,960 shares in the company, valued at approximately $532,327.20. This trade represents a 42.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Adam Wiener sold 18,000 shares of CLEAR Secure stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $43.07, for a total transaction of $775,260.00. Following the transaction, the director directly owned 147,634 shares in the company, valued at approximately $6,358,596.38. This represents a 10.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 111,488 shares of company stock valued at $5,069,078 over the last ninety days. Company insiders own 39.73% of the company’s stock.

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.