Jupiter Asset Management Ltd. Invests $15.09 Million in CLEAR Secure, Inc. $YOU

Jupiter Asset Management Ltd. bought a new stake in CLEAR Secure, Inc. (NYSE:YOU) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 543,579 shares of the company’s stock, valued at approximately $15,090,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Durable Capital Partners LP purchased a new position in shares of CLEAR Secure in the 1st quarter worth about $76,673,000. Copeland Capital Management LLC grew its holdings in shares of CLEAR Secure by 25.2% during the 2nd quarter. Copeland Capital Management LLC now owns 2,474,330 shares of the company’s stock worth $68,687,000 after purchasing an additional 497,871 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of CLEAR Secure by 35.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company’s stock worth $42,320,000 after purchasing an additional 430,035 shares during the period. Nuveen LLC acquired a new stake in CLEAR Secure during the 1st quarter worth approximately $30,862,000. Finally, Northern Trust Corp raised its holdings in CLEAR Secure by 8.7% in the first quarter. Northern Trust Corp now owns 1,137,686 shares of the company’s stock valued at $29,477,000 after buying an additional 90,714 shares during the period. Hedge funds and other institutional investors own 73.80% of the company’s stock.

CLEAR Secure Trading Up 2.4%

Shares of NYSE YOU opened at $38.16 on Thursday. The company has a market capitalization of $5.07 billion, a price-to-earnings ratio of 23.27 and a beta of 1.23. CLEAR Secure, Inc. has a twelve month low of $21.67 and a twelve month high of $39.00. The business has a 50 day simple moving average of $33.78 and a 200-day simple moving average of $30.38.

CLEAR Secure (NYSE:YOU) last released its earnings results on Thursday, November 6th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.02. CLEAR Secure had a net margin of 20.97% and a return on equity of 119.82%. The firm had revenue of $229.19 million during the quarter, compared to analyst estimates of $224.80 million. During the same quarter in the previous year, the firm earned $0.30 earnings per share. The firm’s revenue for the quarter was up 15.5% compared to the same quarter last year. CLEAR Secure has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that CLEAR Secure, Inc. will post 0.98 earnings per share for the current year.

CLEAR Secure Announces Dividend

The firm also recently disclosed 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 is Wednesday, December 10th. This represents a $0.50 annualized dividend and a yield of 1.3%. CLEAR Secure’s dividend payout ratio is 30.49%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on YOU shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of CLEAR Secure in a research note on Wednesday, October 8th. Wall Street Zen lowered CLEAR Secure from a “buy” rating to a “hold” rating in a research report on Monday. DA Davidson assumed coverage on CLEAR Secure in a research note on Tuesday, September 16th. They issued a “buy” rating and a $45.00 target price for the company. Zacks Research lowered CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. 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. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $39.33.

Insiders Place Their Bets

In other CLEAR Secure news, Director Adam Wiener sold 8,000 shares of CLEAR Secure stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $33.02, for a total value of $264,160.00. Following the completion of the transaction, the director directly owned 193,634 shares in the company, valued at $6,393,794.68. The trade was a 3.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Dennis W. Liu sold 2,027 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $36.00, for a total value of $72,972.00. Following the transaction, the chief accounting officer directly owned 11,896 shares of the company’s stock, valued at $428,256. This trade represents a 14.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 42,027 shares of company stock valued at $1,466,943 over the last quarter. Insiders own 39.73% of the company’s stock.

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.