Dynamic Technology Lab Private Ltd Acquires Shares of 19,279 CLEAR Secure, Inc. $YOU

Dynamic Technology Lab Private Ltd acquired a new stake in shares of CLEAR Secure, Inc. (NYSE:YOU) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 19,279 shares of the company’s stock, valued at approximately $644,000.

Other large investors also recently modified their holdings of the company. Geneos Wealth Management Inc. grew its position in CLEAR Secure by 329.5% in the 1st 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. Advisors Asset Management Inc. bought a new stake in CLEAR Secure during the 1st quarter valued at $28,000. First Horizon Advisors Inc. raised its holdings in CLEAR Secure by 22.4% during the second quarter. First Horizon Advisors Inc. now owns 1,804 shares of the company’s stock worth $50,000 after buying an additional 330 shares during the last quarter. Steigerwald Gordon & Koch Inc. bought a new position in shares of CLEAR Secure in the third quarter valued at $50,000. Finally, Strs Ohio bought a new position in shares of CLEAR Secure in the third quarter valued at $53,000. 73.80% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, President Michael Z. Barkin sold 22,885 shares of the business’s stock in a transaction that occurred on Sunday, March 1st. The stock was sold at an average price of $48.22, for a total value of $1,103,514.70. Following the transaction, the president owned 5,669 shares in the company, valued at $273,359.18. The trade was a 80.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Lynn Haaland sold 15,533 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $45.00, for a total value of $698,985.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 135,020 shares of company stock worth $6,025,890 over the last 90 days. 39.73% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

YOU has been the subject of several recent research reports. JPMorgan Chase & Co. boosted their target price on shares of CLEAR Secure from $42.00 to $47.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Stifel Nicolaus raised their price target on shares of CLEAR Secure from $38.00 to $51.00 and gave the company a “hold” rating in a research report on Thursday, February 26th. Weiss Ratings downgraded CLEAR Secure from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, February 3rd. The Goldman Sachs Group set a $61.00 price objective on CLEAR Secure and gave the stock a “buy” rating in a report on Wednesday, February 25th. Finally, Zacks Research downgraded CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $51.57.

CLEAR Secure Price Performance

NYSE YOU opened at $46.24 on Tuesday. The company has a fifty day moving average price of $36.42 and a 200-day moving average price of $35.38. The firm has a market cap of $6.16 billion, a price-to-earnings ratio of 41.28 and a beta of 1.12. CLEAR Secure, Inc. has a 1 year low of $23.00 and a 1 year high of $50.46.

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

CLEAR Secure Dividend Announcement

The company also recently announced a special dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a dividend yield of 130.0%. CLEAR Secure’s dividend payout ratio (DPR) is currently 44.64%.

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.