CLEAR Secure, Inc. (NYSE:YOU) Given Consensus Recommendation of “Hold” by Brokerages

CLEAR Secure, Inc. (NYSE:YOU) has been given a consensus rating of “Hold” by the nine analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $40.8571.

A number of equities research analysts have commented on YOU shares. Stifel Nicolaus set a $38.00 target price on shares of CLEAR Secure in a research note on Thursday, November 6th. Weiss Ratings cut CLEAR Secure from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 3rd. The Goldman Sachs Group raised their price objective on CLEAR Secure from $37.00 to $41.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. JPMorgan Chase & Co. upgraded CLEAR Secure from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $35.00 to $42.00 in a research note on Friday, December 12th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $45.00 price objective on shares of CLEAR Secure in a research note on Wednesday, December 17th.

Insider Buying and Selling

In related news, Director Adam Wiener sold 14,000 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $35.00, for a total transaction of $490,000.00. Following the completion of the sale, the director directly owned 165,634 shares of the company’s stock, valued at approximately $5,797,190. This trade represents a 7.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Lynn Haaland sold 15,532 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $41.00, for a total value of $636,812.00. Following the transaction, the insider owned 15,533 shares of the company’s stock, valued at approximately $636,853. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 37,532 shares of company stock worth $1,446,812 over the last ninety days. Corporate insiders own 39.73% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in YOU. Caitong International Asset Management Co. Ltd increased its holdings in shares of CLEAR Secure by 249.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 867 shares of the company’s stock valued at $30,000 after acquiring an additional 619 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in CLEAR Secure by 329.5% in the 1st 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. Allworth Financial LP boosted its holdings in CLEAR Secure by 118.8% in the 4th quarter. Allworth Financial LP now owns 1,022 shares of the company’s stock valued at $36,000 after purchasing an additional 555 shares in the last quarter. Advisors Asset Management Inc. acquired a new position in CLEAR Secure during the first quarter worth about $28,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in shares of CLEAR Secure in the 3rd quarter worth about $50,000. Hedge funds and other institutional investors own 73.80% of the company’s stock.

CLEAR Secure Trading Down 0.3%

YOU stock opened at $32.53 on Friday. The stock’s 50 day simple moving average is $35.04 and its 200 day simple moving average is $34.35. CLEAR Secure has a 12-month low of $21.67 and a 12-month high of $42.29. The stock has a market capitalization of $4.33 billion, a PE ratio of 19.83 and a beta of 1.21.

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.