Hodges Capital Management Inc. Buys 26,549 Shares of CLEAR Secure, Inc. $YOU

Hodges Capital Management Inc. lifted its stake in shares of CLEAR Secure, Inc. (NYSE:YOU) by 16.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 191,550 shares of the company’s stock after acquiring an additional 26,549 shares during the quarter. Hodges Capital Management Inc. owned about 0.14% of CLEAR Secure worth $5,317,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Durable Capital Partners LP acquired a new stake in CLEAR Secure in the 1st quarter worth approximately $76,673,000. Copeland Capital Management LLC lifted its stake in shares of CLEAR Secure by 25.2% in the second quarter. Copeland Capital Management LLC now owns 2,474,330 shares of the company’s stock worth $68,687,000 after buying an additional 497,871 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of CLEAR Secure by 35.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company’s stock worth $42,320,000 after buying an additional 430,035 shares during the last quarter. Nuveen LLC bought a new stake in shares of CLEAR Secure during the 1st quarter worth $30,862,000. Finally, Northern Trust Corp grew its stake in CLEAR Secure by 8.7% in the 1st 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 last quarter. 73.80% of the stock is owned by institutional investors.

Insider Transactions at CLEAR Secure

In related news, President Michael Z. Barkin sold 16,050 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $35.22, for a total value of $565,281.00. Following the completion of the transaction, the president owned 12,725 shares of the company’s stock, valued at $448,174.50. This represents a 55.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Dennis W. Liu sold 2,027 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $36.00, for a total transaction of $72,972.00. Following the transaction, the chief accounting officer owned 11,896 shares of the company’s stock, valued at approximately $428,256. This represents a 14.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 36,027 shares of company stock valued at $1,250,703. Company insiders own 39.73% of the company’s stock.

Wall Street Analysts Forecast Growth

YOU has been the subject of a number of research analyst reports. Wells Fargo & Company boosted their target price on shares of CLEAR Secure from $25.00 to $29.00 and gave the stock an “underweight” rating in a research report on Friday. Stifel Nicolaus set a $38.00 price objective on CLEAR Secure in a research report on Thursday. DA Davidson assumed coverage on CLEAR Secure in a report on Tuesday, September 16th. They issued a “buy” rating and a $45.00 target price on the stock. The Goldman Sachs Group upped their price target on CLEAR Secure from $37.00 to $41.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Telsey Advisory Group increased their price objective on CLEAR Secure from $37.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, CLEAR Secure has a consensus rating of “Hold” and an average price target of $39.33.

CLEAR Secure Trading Up 12.6%

Shares of YOU stock opened at $36.07 on Monday. CLEAR Secure, Inc. has a 12 month low of $21.67 and a 12 month high of $39.00. The company has a market capitalization of $4.79 billion, a P/E ratio of 21.99 and a beta of 1.23. The stock has a 50 day moving average of $33.71 and a two-hundred day moving average of $30.16.

CLEAR Secure (NYSE:YOU) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. The business had revenue of $229.19 million for the quarter, compared to analysts’ expectations of $224.80 million. CLEAR Secure had a return on equity of 119.82% and a net margin of 20.97%.CLEAR Secure’s quarterly revenue was up 15.5% on a year-over-year basis. During the same period in the previous year, the business posted $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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 10th will be paid a $0.125 dividend. The ex-dividend date is Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. CLEAR Secure’s dividend payout ratio is currently 30.49%.

About CLEAR Secure

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.