CLEAR Secure, Inc. (NYSE:YOU) Receives Average Recommendation of “Hold” from Analysts

Shares of CLEAR Secure, Inc. (NYSE:YOU) have been assigned a consensus rating of “Hold” from the nine analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $40.8571.

YOU has been the subject of several recent research reports. Wall Street Zen lowered shares of CLEAR Secure from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. DA Davidson set a $46.00 price objective on shares of CLEAR Secure and gave the company a “buy” rating in a research note on Tuesday, December 16th. JPMorgan Chase & Co. upgraded CLEAR Secure from a “neutral” rating to an “overweight” rating and increased their target price for the company from $35.00 to $42.00 in a research note on Friday, December 12th. Wells Fargo & Company raised their target price on CLEAR Secure from $25.00 to $29.00 and gave the stock an “underweight” rating in a research report on Friday, November 7th. Finally, The Goldman Sachs Group upped their price objective on shares of CLEAR Secure from $37.00 to $41.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th.

CLEAR Secure Stock Performance

YOU opened at $32.53 on Friday. The company has a market capitalization of $4.33 billion, a P/E ratio of 19.83 and a beta of 1.21. CLEAR Secure has a 1-year low of $21.67 and a 1-year high of $42.29. The company has a 50-day moving average of $35.04 and a 200-day moving average of $34.35.

Insider Buying and Selling at CLEAR Secure

In other CLEAR Secure news, Director Adam Wiener sold 14,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $35.00, for a total transaction of $490,000.00. Following the completion of the sale, the director owned 165,634 shares of the company’s stock, valued at $5,797,190. This trade represents a 7.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Lynn Haaland sold 15,532 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $41.00, for a total value of $636,812.00. Following the completion of the transaction, the insider directly owned 15,533 shares in the company, valued at approximately $636,853. This represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 37,532 shares of company stock valued at $1,446,812 in the last three months. 39.73% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd increased its position in CLEAR Secure by 249.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 867 shares of the company’s stock valued at $30,000 after purchasing an additional 619 shares during the period. Geneos Wealth Management Inc. grew its holdings 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 period. Allworth Financial LP raised its stake in shares of CLEAR Secure by 118.8% during the 4th quarter. Allworth Financial LP now owns 1,022 shares of the company’s stock valued at $36,000 after purchasing an additional 555 shares during the period. Advisors Asset Management Inc. bought a new stake in CLEAR Secure during the first quarter valued at $28,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in CLEAR Secure during the third quarter worth about $50,000. 73.80% of the stock is currently owned by institutional investors.

About CLEAR Secure

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.