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

Hussman Strategic Advisors Inc. reduced its position in shares of CLEAR Secure, Inc. (NYSE:YOU) by 60.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,000 shares of the company’s stock after selling 63,000 shares during the quarter. Hussman Strategic Advisors Inc.’s holdings in CLEAR Secure were worth $1,402,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of YOU. First Horizon Advisors Inc. raised its holdings in shares of CLEAR Secure by 22.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,804 shares of the company’s stock valued at $50,000 after purchasing an additional 330 shares during the period. Personal CFO Solutions LLC grew its holdings in CLEAR Secure by 3.3% during the second quarter. Personal CFO Solutions LLC now owns 10,362 shares of the company’s stock worth $288,000 after purchasing an additional 332 shares during the period. GAMMA Investing LLC increased its position in CLEAR Secure by 5.0% during the third quarter. GAMMA Investing LLC now owns 7,364 shares of the company’s stock worth $246,000 after buying an additional 351 shares during the last quarter. Savant Capital LLC increased its position in CLEAR Secure by 1.1% during the second quarter. Savant Capital LLC now owns 34,508 shares of the company’s stock worth $958,000 after buying an additional 370 shares during the last quarter. Finally, Oak Associates Ltd. OH raised its stake in CLEAR Secure by 0.6% in the second quarter. Oak Associates Ltd. OH now owns 66,706 shares of the company’s stock valued at $1,852,000 after buying an additional 428 shares during the period. Institutional investors own 73.80% of the company’s stock.

CLEAR Secure Trading Down 2.5%

Shares of CLEAR Secure stock opened at $33.48 on Thursday. The company has a market cap of $4.46 billion, a PE ratio of 20.42 and a beta of 1.22. The company has a 50 day moving average of $35.54 and a 200-day moving average 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 posted its quarterly earnings results on Thursday, November 6th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates 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%.CLEAR Secure’s revenue was up 15.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.30 EPS. Research analysts forecast that CLEAR Secure, Inc. will post 0.98 earnings per share for the current year.

CLEAR Secure Dividend Announcement

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

Insider Buying and Selling

In other CLEAR Secure news, insider Lynn Haaland sold 15,532 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $41.00, for a total value of $636,812.00. Following the sale, the insider owned 15,533 shares in the company, valued at $636,853. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Adam Wiener sold 14,000 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $35.00, for a total transaction of $490,000.00. Following the sale, the director directly owned 165,634 shares in the company, valued at approximately $5,797,190. The trade was a 7.79% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 43,532 shares of company stock worth $1,663,052. 39.73% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

YOU has been the subject of several research analyst reports. Wells Fargo & Company lifted their target price on shares of CLEAR Secure from $25.00 to $29.00 and gave the stock an “underweight” rating in a report on Friday, November 7th. Telsey Advisory Group restated an “outperform” rating and set a $45.00 price objective on shares of CLEAR Secure in a research report on Wednesday, December 17th. Weiss Ratings raised CLEAR Secure from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 12th. Stifel Nicolaus set a $38.00 target price on CLEAR Secure in a research note on Thursday, November 6th. Finally, Wall Street Zen cut CLEAR Secure from a “buy” rating to a “hold” rating in a report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued 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 target price of $40.86.

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.