19,279 Shares in CLEAR Secure, Inc. $YOU Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new position in shares of CLEAR Secure, Inc. (NYSE:YOU) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 19,279 shares of the company’s stock, valued at approximately $644,000.

Other institutional investors have also recently made changes to their positions in the company. Durable Capital Partners LP raised its position in shares of CLEAR Secure by 153.1% during the second quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company’s stock worth $207,932,000 after acquiring an additional 4,531,161 shares during the last quarter. First Trust Advisors LP boosted its holdings in CLEAR Secure by 1.2% in the third quarter. First Trust Advisors LP now owns 3,063,062 shares of the company’s stock valued at $102,245,000 after acquiring an additional 35,304 shares during the last quarter. Goldman Sachs Group Inc. increased its position in CLEAR Secure by 35.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company’s stock valued at $42,320,000 after purchasing an additional 430,035 shares during the period. Dimensional Fund Advisors LP increased its position in CLEAR Secure by 2.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,601,851 shares of the company’s stock valued at $53,491,000 after purchasing an additional 36,056 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in CLEAR Secure by 10.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,479,594 shares of the company’s stock worth $41,074,000 after purchasing an additional 143,012 shares during the last quarter. Institutional investors own 73.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on YOU shares. Wall Street Zen downgraded shares of CLEAR Secure from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. JPMorgan Chase & Co. lifted their target price on shares of CLEAR Secure from $42.00 to $47.00 and gave the stock an “overweight” rating in a research note on Thursday, February 26th. Weiss Ratings lowered shares of CLEAR Secure from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 3rd. Zacks Research cut shares of CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Finally, DA Davidson increased their price target on CLEAR Secure from $46.00 to $54.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $51.57.

CLEAR Secure Stock Performance

Shares of YOU opened at $46.24 on Tuesday. The firm has a market cap of $6.16 billion, a PE ratio of 41.28 and a beta of 1.12. CLEAR Secure, Inc. has a 52-week low of $23.00 and a 52-week high of $50.46. The business’s 50 day moving average price is $36.42 and its two-hundred day moving average price is $35.38.

CLEAR Secure (NYSE:YOU) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.31 EPS for the quarter, hitting the consensus estimate 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 during the quarter, compared to the consensus estimate of $235.66 million. During the same quarter last year, the firm posted $0.91 EPS. The company’s quarterly revenue was up 16.7% on a year-over-year basis. Research analysts predict that CLEAR Secure, Inc. will post 0.98 EPS for the current fiscal year.

CLEAR Secure Announces Dividend

The business also recently declared a special dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be issued a $0.20 dividend. This represents a yield of 130.0%. The ex-dividend date is Tuesday, March 10th. CLEAR Secure’s dividend payout ratio (DPR) is presently 44.64%.

Insider Activity at CLEAR Secure

In other news, CAO Dennis W. Liu sold 7,950 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $48.57, for a total value of $386,131.50. Following the completion of the sale, the chief accounting officer directly owned 10,960 shares in the company, valued at $532,327.20. This trade represents a 42.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Lynn Haaland sold 11,064 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $47.44, for a total value of $524,876.16. Following the completion of the sale, the insider owned 7,375 shares of the company’s stock, valued at approximately $349,870. This represents a 60.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 135,020 shares of company stock valued at $6,025,890. 39.73% of the stock is currently owned by company insiders.

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.