CLEAR Secure, Inc. $YOU Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. cut its holdings in shares of CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 82.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,370 shares of the company's stock after selling 15,521 shares during the period. PNC Financial Services Group Inc.'s holdings in CLEAR Secure were worth $94,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Durable Capital Partners LP acquired a new position in shares of CLEAR Secure in the 1st quarter valued at about $76,673,000. Nuveen LLC purchased a new position in CLEAR Secure during the first quarter valued at approximately $30,862,000. Jupiter Asset Management Ltd. acquired a new position in CLEAR Secure in the second quarter valued at approximately $15,090,000. Copeland Capital Management LLC boosted its position in CLEAR Secure by 25.2% in the 2nd quarter. Copeland Capital Management LLC now owns 2,474,330 shares of the company's stock worth $68,687,000 after purchasing an additional 497,871 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in CLEAR Secure by 35.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company's stock worth $42,320,000 after purchasing an additional 430,035 shares in the last quarter. 73.80% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at CLEAR Secure

In related news, Director Adam Wiener sold 6,000 shares of the business's stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $36.04, for a total transaction of $216,240.00. Following the completion of the sale, the director directly owned 187,634 shares in the company, valued at approximately $6,762,329.36. The trade was a 3.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 39.73% of the company's stock.

CLEAR Secure Stock Down 0.3%

Shares of NYSE YOU opened at $35.40 on Monday. The firm has a market cap of $4.71 billion, a price-to-earnings ratio of 21.59 and a beta of 1.23. The company's 50-day simple moving average is $33.50 and its 200-day simple moving average is $31.31. CLEAR Secure, Inc. has a 52-week low of $21.67 and a 52-week high of $39.00.

CLEAR Secure (NYSE:YOU - Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.02. CLEAR Secure had a net margin of 20.97% and a return on equity of 119.82%. The firm had revenue of $229.19 million for the quarter, compared to analyst estimates of $224.80 million. During the same period last year, the company posted $0.30 EPS. CLEAR Secure's quarterly revenue was up 15.5% compared to the same quarter last year. CLEAR Secure has set its Q4 2025 guidance at EPS. Equities research analysts anticipate that CLEAR Secure, Inc. will post 0.98 EPS for the current fiscal year.

CLEAR Secure Dividend Announcement

The company also recently declared 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 of this dividend is Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. CLEAR Secure's payout ratio is currently 30.49%.

Analyst Ratings Changes

Several research firms have recently weighed in on YOU. DA Davidson assumed coverage on shares of CLEAR Secure in a report on Tuesday, September 16th. They set a "buy" rating and a $45.00 target price for the company. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of CLEAR Secure in a report on Monday, November 24th. Telsey Advisory Group upped their price objective on shares of CLEAR Secure from $37.00 to $38.00 and gave the stock an "outperform" rating in a research report on Friday, November 7th. Stifel Nicolaus set a $38.00 target price on CLEAR Secure in a research report on Thursday, November 6th. Finally, Wall Street Zen lowered CLEAR Secure from a "buy" rating to a "hold" rating in a research note on Monday, November 10th. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, CLEAR Secure has an average rating of "Moderate Buy" and an average target price of $39.33.

Read Our Latest Stock Report on YOU

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.

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