Oberweis Asset Management Inc. Has $16.23 Million Stock Holdings in Clear Secure, Inc. (NYSE:YOU)

Oberweis Asset Management Inc. raised its stake in Clear Secure, Inc. (NYSE:YOU - Free Report) by 5.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 609,400 shares of the company's stock after acquiring an additional 30,000 shares during the period. Oberweis Asset Management Inc. owned approximately 0.44% of Clear Secure worth $16,234,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its position in Clear Secure by 221.6% during 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 during the last quarter. Huntington National Bank purchased a new position in Clear Secure in the fourth quarter worth $35,000. SRS Capital Advisors Inc. raised its stake in shares of Clear Secure by 56.1% in the fourth quarter. SRS Capital Advisors Inc. now owns 2,132 shares of the company's stock valued at $57,000 after buying an additional 766 shares during the period. Strategic Investment Solutions Inc. IL increased its position in shares of Clear Secure by 113,800.0% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 2,278 shares of the company's stock valued at $61,000 after buying an additional 2,276 shares during the period. Finally, Harbour Investments Inc. raised its stake in Clear Secure by 23.0% in the fourth quarter. Harbour Investments Inc. now owns 2,405 shares of the company's stock valued at $64,000 after purchasing an additional 450 shares in the last quarter. 73.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Clear Secure Stock Up 0.5 %

Shares of NYSE YOU opened at $25.76 on Thursday. The business has a fifty day simple moving average of $25.27 and a two-hundred day simple moving average of $27.23. Clear Secure, Inc. has a twelve month low of $16.05 and a twelve month high of $38.88. The firm has a market cap of $3.53 billion, a PE ratio of 29.95 and a beta of 1.25.

Clear Secure Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Monday, March 10th were issued a $0.125 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.50 dividend on an annualized basis and a yield of 1.94%. Clear Secure's dividend payout ratio is presently 32.47%.

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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