Pittenger & Anderson Inc. Has $1.46 Million Stock Position in CLEAR Secure, Inc. $YOU

Pittenger & Anderson Inc. lifted its stake in CLEAR Secure, Inc. (NYSE:YOU) by 49.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 41,488 shares of the company’s stock after buying an additional 13,647 shares during the quarter. Pittenger & Anderson Inc.’s holdings in CLEAR Secure were worth $1,455,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Hussman Strategic Advisors Inc. raised its holdings in shares of CLEAR Secure by 50.0% in the 4th quarter. Hussman Strategic Advisors Inc. now owns 63,000 shares of the company’s stock worth $2,210,000 after buying an additional 21,000 shares in the last quarter. Strs Ohio grew its position in CLEAR Secure by 1,687.5% during the 4th quarter. Strs Ohio now owns 28,600 shares of the company’s stock worth $1,003,000 after acquiring an additional 27,000 shares during the last quarter. Horizon Investments LLC increased its holdings in CLEAR Secure by 27.1% during the 4th quarter. Horizon Investments LLC now owns 20,317 shares of the company’s stock valued at $713,000 after purchasing an additional 4,337 shares in the last quarter. Vest Financial LLC increased its holdings in CLEAR Secure by 5.3% during the 4th quarter. Vest Financial LLC now owns 207,020 shares of the company’s stock valued at $7,262,000 after purchasing an additional 10,353 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp acquired a new stake in CLEAR Secure during the 4th quarter valued at $724,000. 73.80% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CLEAR Secure

In other CLEAR Secure news, insider Lynn Haaland sold 15,533 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $45.00, for a total value of $698,985.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Adam Wiener sold 18,000 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $43.07, for a total value of $775,260.00. Following the completion of the transaction, the director owned 147,634 shares in the company, valued at $6,358,596.38. The trade was a 10.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 97,488 shares of company stock valued at $4,579,078 over the last 90 days. 39.73% of the stock is currently owned by corporate insiders.

CLEAR Secure Stock Performance

Shares of YOU opened at $54.97 on Monday. The firm has a market capitalization of $7.33 billion, a price-to-earnings ratio of 49.08 and a beta of 1.09. The business’s fifty day moving average price is $49.17 and its two-hundred day moving average price is $39.60. CLEAR Secure, Inc. has a 52 week low of $23.88 and a 52 week high of $59.51.

CLEAR Secure (NYSE:YOU) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.31 EPS for the quarter, meeting analysts’ consensus estimates of $0.31. The firm had revenue of $240.75 million for the quarter, compared to analyst estimates of $235.66 million. CLEAR Secure had a return on equity of 70.08% and a net margin of 12.12%.The business’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same period last year, the company earned $0.91 EPS. As a group, research analysts forecast that CLEAR Secure, Inc. will post 1.62 EPS for the current year.

CLEAR Secure Announces Dividend

The company also recently disclosed a special dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were given a $0.20 dividend. This represents a yield of 131.0%. The ex-dividend date was Tuesday, March 10th. CLEAR Secure’s dividend payout ratio (DPR) is presently 53.57%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on YOU. Zacks Research raised CLEAR Secure from a “hold” rating to a “strong-buy” rating in a report on Monday, April 20th. Telsey Advisory Group raised their price target on CLEAR Secure from $55.00 to $62.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Wells Fargo & Company raised their price target on CLEAR Secure from $29.00 to $33.00 and gave the company an “underweight” rating in a report on Thursday, February 26th. Stifel Nicolaus raised their price target on CLEAR Secure from $38.00 to $51.00 and gave the company a “hold” rating in a report on Thursday, February 26th. Finally, JPMorgan Chase & Co. raised their price target on CLEAR Secure from $42.00 to $47.00 and gave the company an “overweight” rating in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $54.14.

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.