22,100 Shares in Clear Secure, Inc. (NYSE:YOU) Bought by Left Brain Wealth Management LLC

Left Brain Wealth Management LLC bought a new position in shares of Clear Secure, Inc. (NYSE:YOU) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 22,100 shares of the company’s stock, valued at approximately $589,000.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in Clear Secure by 221.6% during the fourth 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 period. SRS Capital Advisors Inc. boosted its position in Clear Secure by 56.1% during the fourth quarter. SRS Capital Advisors Inc. now owns 2,132 shares of the company’s stock worth $57,000 after purchasing an additional 766 shares during the period. KBC Group NV bought a new position in Clear Secure during the third quarter worth $90,000. SBI Securities Co. Ltd. bought a new position in Clear Secure during the fourth quarter worth $83,000. Finally, Blue Trust Inc. boosted its position in Clear Secure by 376.0% during the fourth quarter. Blue Trust Inc. now owns 3,413 shares of the company’s stock worth $91,000 after purchasing an additional 2,696 shares during the period. 73.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on YOU shares. Needham & Company LLC reaffirmed a “buy” rating and set a $45.00 price objective on shares of Clear Secure in a research report on Thursday, February 27th. Stifel Nicolaus reduced their price objective on shares of Clear Secure from $32.00 to $26.00 and set a “hold” rating for the company in a research report on Thursday, February 27th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $42.00 target price on shares of Clear Secure in a research report on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

Clear Secure Stock Performance

Shares of Clear Secure stock opened at $24.91 on Friday. The firm has a 50-day moving average of $24.45 and a 200-day moving average of $28.23. The stock has a market cap of $3.47 billion, a PE ratio of 28.96 and a beta of 1.37. Clear Secure, Inc. has a 52-week low of $16.05 and a 52-week high of $38.88.

Clear Secure Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th will be given a $0.125 dividend. The ex-dividend date is Monday, March 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.01%. Clear Secure’s payout ratio is presently 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.