Natixis Advisors LP acquired a new position in shares of Clear Secure, Inc. (NYSE: YOU – Get Rating ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 13,784 shares of the company’s stock, valued at approximately $378,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Aigen Investment Management LP bought a new position in Clear Secure in the third quarter valued at $328,000. Jennison Associates LLC increased its stake in Clear Secure by 53.0% in the third quarter. Jennison Associates LLC now owns 1,814,211 shares of the company’s stock valued at $41,473,000 after acquiring an additional 628,131 shares during the period. Russell Investments Group Ltd. bought a new position in Clear Secure in the third quarter worth $242,000. Keybank National Association OH bought a new position in Clear Secure in the 3rd quarter worth $233,000. Finally, Versor Investments LP increased its holdings in shares of Clear Secure by 1 .4% in the third quarter. Versor Investments LP now owns 85,284 shares of the company’s stock valued at $1,950,000 after buying an additional 1,192 shares in the last quarter. Institutional investors own 56.99% of the company’s shares.
Internal Clear Secure activity
In other Clear Secure news, major shareholder General Atlantic Partners Aiv sold 1,801,352 shares of Clear Secure stock in a transaction dated Thursday, January 26th. The shares were sold at an average price of $29.00, for a total transaction of $52,239,208.00. Following the transaction, the insider now directly owns 4,861,120 shares of the company’s stock, valued at approximately $140,972,480. The sale was disclosed in a filing with the Securities and Exchange Commission, which can be accessed via this link. In other Clear Secure news, major shareholder General Atlantic Partners Aiv sold 1,801,352 shares of the company’s stock in a transaction dated Thursday, January 26th. The shares were sold at an average price of $29.00, for a total value of $52,239,208.00. Following the sale, the insider now owns 4,861,120 shares in the company, valued at approximately $140,972,480. The transaction was disclosed in a filing with the Securities and Exchange Commission, which is available at this link. Also, EVP Kasra Moshkani sold 1,000 shares of the company’s stock in a transaction dated Thursday, March 30th. The shares were sold at an average price of $26.03, for a total value of $26,030.00. Following the completion of the sale, the executive vice president now owns 22,894 shares in the company, valued at approximately $595,930.82. Disclosure of this sale can be found here. Insiders have sold a total of 1,858,352 shares of company stock valued at $53,865,678 over the last 90 days. 42.06% of shares are owned by corporate insiders.
Promote and demote an analyst
A number of equities research analysts have weighed in on YOUR stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 target price on shares of Clear Secure in a report on Thursday, April 13th. JPMorgan Chase & Co. boosted their target price on Clear Secure from $32.00 to $33.00 and gave the company a “neutral” rating in a report on Thursday, March 2nd. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $38.00 target price on shares of Clear Secure in a report on Thursday, March 2nd.
Clear Secure Stock up 2.7%
NYSE YOU opened at $25.91 on Monday. Clear Secure, Inc. has a twelve month low of $18.94 and a twelve month high of $35.00. The company has a market cap of $3.97 billion, a price-to-earnings ratio of -32.80 and a beta of 1.47. The business’s fifty day moving average is $26.72 and the 200 day moving average is $27.79.
Clear Secure (NYSE: YOU – Get Rating ) last posted its quarterly earnings data on Wednesday, March 1st. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.18. Clear Secure had a negative return on equity of 10.68% and a negative net profit margin of 14.99%. The company had revenue of $128.25 million for the quarter, compared to the consensus estimate of $124.83 million. On average, research analysts expect that Clear Secure, Inc. will post 0.05 earnings per share for the current fiscal year.
Clear a secure company profile
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Clear Secure, Inc provides a member-oriented secure identity platform in the United States. The company’s secure identity platform is a multi-layered infrastructure consisting of a front end including enrollment, verification and connectivity. It also offers CLEAR Plus, a consumer aviation subscription service that allows access to predictable entry lanes at airport security checkpoints, as well as access to a wider network; and the CLEAR app, a consumer-facing digital product that makes it easy to sign up new users and engage members from their mobile devices.
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