Los Angeles Capital Management LLC Sells 7,483 Shares of CLEAR Secure, Inc. $YOU

Los Angeles Capital Management LLC reduced its stake in shares of CLEAR Secure, Inc. (NYSE:YOU) by 24.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 23,680 shares of the company’s stock after selling 7,483 shares during the period. Los Angeles Capital Management LLC’s holdings in CLEAR Secure were worth $657,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of YOU. Geneos Wealth Management Inc. boosted its position in shares of CLEAR Secure by 329.5% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $25,000 after acquiring an additional 748 shares during the last quarter. Advisors Asset Management Inc. purchased a new stake in CLEAR Secure in the 1st quarter worth $28,000. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of CLEAR Secure during the 1st quarter valued at about $41,000. First Horizon Advisors Inc. boosted its holdings in shares of CLEAR Secure by 22.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,804 shares of the company’s stock valued at $50,000 after purchasing an additional 330 shares during the last quarter. Finally, Fifth Third Bancorp grew its position in shares of CLEAR Secure by 61.8% during the second quarter. Fifth Third Bancorp now owns 1,806 shares of the company’s stock valued at $50,000 after purchasing an additional 690 shares in the last quarter. Institutional investors own 73.80% of the company’s stock.

Insider Activity at CLEAR Secure

In other CLEAR Secure news, CAO Dennis W. Liu sold 2,027 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $36.00, for a total transaction of $72,972.00. Following the completion of the transaction, 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 sale 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 company’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 transaction, the president directly owned 12,725 shares in the company, valued at approximately $448,174.50. This represents a 55.78% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 42,027 shares of company stock worth $1,466,943. Insiders own 39.73% of the company’s stock.

CLEAR Secure Stock Performance

Shares of CLEAR Secure stock opened at $36.68 on Friday. The stock has a market cap of $4.88 billion, a price-to-earnings ratio of 22.37 and a beta of 1.23. The stock has a 50 day moving average price of $33.87 and a 200-day moving average price of $30.51. CLEAR Secure, Inc. has a one year low of $21.67 and a one year high of $39.00.

CLEAR Secure (NYSE:YOU) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. The company had revenue of $229.19 million during the quarter, compared to the consensus estimate of $224.80 million. CLEAR Secure had a return on equity of 119.82% and a net margin of 20.97%.CLEAR Secure’s revenue was up 15.5% on a year-over-year basis. During the same period last year, the company earned $0.30 earnings per share. CLEAR Secure has set its Q4 2025 guidance at EPS. Sell-side analysts predict 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 will be paid on Wednesday, December 24th. Investors of record on Wednesday, December 10th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. CLEAR Secure’s payout ratio is currently 30.49%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Stifel Nicolaus set a $38.00 target price on CLEAR Secure in a research report on Thursday, November 6th. Telsey Advisory Group upped their price objective on CLEAR Secure from $37.00 to $38.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Wells Fargo & Company increased their target price on CLEAR Secure from $25.00 to $29.00 and gave the company an “underweight” rating in a research report on Friday, November 7th. Wall Street Zen cut shares of CLEAR Secure from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, The Goldman Sachs Group increased their price objective on shares of CLEAR Secure from $37.00 to $41.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $39.33.

CLEAR Secure Company 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.