EntryPoint Capital LLC Acquires Shares of 10,734 Clear Secure, Inc. (NYSE:YOU)

EntryPoint Capital LLC bought a new position in Clear Secure, Inc. (NYSE:YOU) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,734 shares of the company’s stock, valued at approximately $286,000.

Several other large investors have also made changes to their positions in YOU. GAMMA Investing LLC grew its stake 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 buying an additional 771 shares during the last quarter. SRS Capital Advisors Inc. boosted its holdings in shares of Clear Secure by 56.1% in the 4th quarter. SRS Capital Advisors Inc. now owns 2,132 shares of the company’s stock worth $57,000 after acquiring an additional 766 shares in the last quarter. Harbour Investments Inc. grew its position in Clear Secure by 23.0% during the 4th 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 last quarter. SBI Securities Co. Ltd. acquired a new stake in Clear Secure during the 4th quarter valued at $83,000. Finally, Blue Trust Inc. raised its position in Clear Secure by 376.0% in the 4th quarter. Blue Trust Inc. now owns 3,413 shares of the company’s stock valued at $91,000 after purchasing an additional 2,696 shares during the last quarter. Institutional investors own 73.80% of the company’s stock.

Clear Secure Stock Up 0.7 %

Shares of YOU opened at $27.25 on Friday. The stock’s fifty day simple moving average is $24.44 and its 200-day simple moving average is $28.03. The firm has a market capitalization of $3.73 billion, a PE ratio of 31.68 and a beta of 1.37. Clear Secure, Inc. has a 12-month low of $16.05 and a 12-month high of $38.88.

Clear Secure Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.84%. The ex-dividend date was Monday, March 10th. Clear Secure’s dividend payout ratio (DPR) is presently 32.47%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Telsey Advisory Group restated an “outperform” rating and set a $42.00 target price on shares of Clear Secure in a report on Thursday, February 27th. Needham & Company LLC restated a “buy” rating and issued a $45.00 price objective on shares of Clear Secure in a research report on Monday. Finally, Stifel Nicolaus dropped their target price on shares of 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 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 MarketBeat, Clear Secure has a consensus rating of “Moderate Buy” and an average price target of $34.00.

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.