Geode Capital Management LLC Has $70.69 Million Stake in CLEAR Secure, Inc. $YOU

Geode Capital Management LLC trimmed its stake in CLEAR Secure, Inc. (NYSE:YOU) by 1.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,546,236 shares of the company’s stock after selling 50,211 shares during the period. Geode Capital Management LLC owned about 1.91% of CLEAR Secure worth $70,692,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Durable Capital Partners LP acquired a new stake in shares of CLEAR Secure in the 1st quarter valued at $76,673,000. Nuveen LLC bought a new position in CLEAR Secure during the 1st quarter valued at about $30,862,000. Jupiter Asset Management Ltd. acquired a new position in CLEAR Secure in the second quarter valued at about $15,090,000. Copeland Capital Management LLC boosted its position in CLEAR Secure by 25.2% in the second quarter. Copeland Capital Management LLC now owns 2,474,330 shares of the company’s stock valued at $68,687,000 after buying an additional 497,871 shares in the last quarter. Finally, Castellan Group bought a new stake in CLEAR Secure during the first quarter worth about $12,342,000. 73.80% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Adam Wiener sold 8,000 shares of CLEAR Secure stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $33.02, for a total transaction of $264,160.00. Following the completion of the sale, the director owned 193,634 shares in the company, valued at $6,393,794.68. The trade was a 3.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 39.73% of the company’s stock.

Analyst Upgrades and Downgrades

YOU has been the subject of a number of research analyst reports. Wall Street Zen cut shares of CLEAR Secure from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. Zacks Research cut CLEAR Secure from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Stifel Nicolaus set a $38.00 price objective on CLEAR Secure in a research report on Thursday, November 6th. DA Davidson started coverage on CLEAR Secure in a research note on Tuesday, September 16th. They issued a “buy” rating and a $45.00 price objective on the stock. Finally, Telsey Advisory Group increased their target price on CLEAR Secure from $37.00 to $38.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.33.

CLEAR Secure Price Performance

YOU stock opened at $35.79 on Friday. The company has a 50 day moving average price of $33.70 and a 200 day moving average price of $30.89. CLEAR Secure, Inc. has a fifty-two week low of $21.67 and a fifty-two week high of $39.00. The stock has a market capitalization of $4.77 billion, a PE ratio of 21.82 and a beta of 1.23.

CLEAR Secure (NYSE:YOU) last released its earnings results on Thursday, November 6th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.27 by $0.02. The company had revenue of $229.19 million during 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%.The business’s revenue for the quarter was up 15.5% on a year-over-year basis. During the same period last year, the firm earned $0.30 EPS. CLEAR Secure has set its Q4 2025 guidance at EPS. As a group, equities analysts expect that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal year.

CLEAR Secure Dividend Announcement

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

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.