Jump Financial LLC Acquires Shares of 62,940 Clear Secure, Inc. (NYSE:YOU)

Jump Financial LLC bought a new position in Clear Secure, Inc. (NYSE:YOU - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 62,940 shares of the company's stock, valued at approximately $1,677,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC grew its position in Clear Secure by 221.6% in the 4th quarter. GAMMA Investing LLC now owns 1,119 shares of the company's stock worth $30,000 after purchasing an additional 771 shares in the last quarter. Huntington National Bank bought a new position in shares of Clear Secure in the fourth quarter valued at approximately $35,000. SRS Capital Advisors Inc. increased its position in shares of Clear Secure by 56.1% during the fourth quarter. SRS Capital Advisors Inc. now owns 2,132 shares of the company's stock valued at $57,000 after acquiring an additional 766 shares during the last quarter. Harbour Investments Inc. lifted its holdings in Clear Secure by 23.0% during the fourth quarter. Harbour Investments Inc. now owns 2,405 shares of the company's stock worth $64,000 after acquiring an additional 450 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in Clear Secure in the fourth quarter worth $83,000. Hedge funds and other institutional investors own 73.80% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on YOU shares. Needham & Company LLC reaffirmed a "buy" rating and set a $45.00 target price on shares of Clear Secure in a research report on Monday, March 24th. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $42.00 price objective on shares of Clear Secure in a research report on Thursday, February 27th. Finally, Stifel Nicolaus dropped their target price on shares of Clear Secure from $32.00 to $26.00 and set a "hold" rating on the stock in a research note on Thursday, February 27th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Clear Secure currently has a consensus rating of "Moderate Buy" and a consensus target price of $34.00.

Clear Secure Stock Performance

Shares of YOU opened at $26.74 on Friday. The firm has a market cap of $3.66 billion, a P/E ratio of 31.09 and a beta of 1.25. Clear Secure, Inc. has a fifty-two week low of $16.05 and a fifty-two week high of $38.88. The business has a 50-day moving average of $25.16 and a 200 day moving average of $27.31.

Clear Secure Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend was Monday, March 10th. Clear Secure's dividend payout ratio (DPR) is currently 32.47%.

About Clear Secure

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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