Hussman Strategic Advisors Inc. Has $1.40 Million Position in CLEAR Secure, Inc. $YOU

Hussman Strategic Advisors Inc. cut its position in CLEAR Secure, Inc. (NYSE:YOU) by 60.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 42,000 shares of the company’s stock after selling 63,000 shares during the period. Hussman Strategic Advisors Inc.’s holdings in CLEAR Secure were worth $1,402,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in YOU. Geneos Wealth Management Inc. increased its stake in shares of CLEAR Secure by 329.5% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $25,000 after buying an additional 748 shares during the period. Advisors Asset Management Inc. bought a new stake in CLEAR Secure during the 1st quarter worth approximately $28,000. Steigerwald Gordon & Koch Inc. acquired a new position in CLEAR Secure in the 3rd quarter valued at approximately $50,000. Strs Ohio bought a new position in shares of CLEAR Secure during the third quarter valued at $53,000. Finally, First Horizon Advisors Inc. lifted its holdings in shares of CLEAR Secure by 22.4% during the second quarter. First Horizon Advisors Inc. now owns 1,804 shares of the company’s stock worth $50,000 after purchasing an additional 330 shares during the period. 73.80% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CLEAR Secure

In other CLEAR Secure news, Director Adam Wiener sold 14,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $35.00, for a total value of $490,000.00. Following the completion of the sale, the director directly owned 165,634 shares in the company, valued at approximately $5,797,190. This trade represents a 7.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Lynn Haaland sold 15,532 shares of CLEAR Secure stock in a transaction on Friday, December 12th. The shares were sold at an average price of $41.00, for a total transaction of $636,812.00. Following the completion of the sale, the insider directly owned 15,533 shares of the company’s stock, valued at approximately $636,853. This trade represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 43,532 shares of company stock valued at $1,663,052 in the last quarter. 39.73% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. DA Davidson set a $46.00 price objective on CLEAR Secure and gave the company a “buy” rating in a report on Tuesday, December 16th. The Goldman Sachs Group increased their price target on CLEAR Secure from $37.00 to $41.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $45.00 price objective on shares of CLEAR Secure in a research note on Wednesday, December 17th. Wall Street Zen cut CLEAR Secure from a “buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, JPMorgan Chase & Co. upgraded shares of CLEAR Secure from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $35.00 to $42.00 in a report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.86.

CLEAR Secure Trading Down 2.5%

YOU stock opened at $33.48 on Thursday. The firm has a market cap of $4.46 billion, a PE ratio of 20.42 and a beta of 1.22. The stock has a 50-day moving average price of $35.54 and a 200-day moving average price of $34.12. CLEAR Secure, Inc. has a 1-year low of $21.67 and a 1-year high of $42.29.

CLEAR Secure (NYSE:YOU) last released its earnings results on Thursday, November 6th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.27 by $0.02. The business 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 firm’s revenue was up 15.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.30 earnings per share. On average, analysts forecast that CLEAR Secure, Inc. will post 0.98 earnings per share for the current year.

CLEAR Secure Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 10th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $0.50 annualized dividend and a dividend yield of 1.5%. CLEAR Secure’s dividend payout ratio (DPR) is 30.49%.

CLEAR Secure Profile

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.