Clear Secure, Inc. (NYSE:YOU) Shares Sold by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. reduced its stake in shares of Clear Secure, Inc. (NYSE:YOU) by 6.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 22,556 shares of the company’s stock after selling 1,524 shares during the period. Stanley Laman Group Ltd.’s holdings in Clear Secure were worth $601,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in YOU. Capital Performance Advisors LLP acquired a new stake in Clear Secure during the 3rd quarter worth about $26,000. GAMMA Investing LLC grew 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 period. KBC Group NV acquired a new stake in Clear Secure during the 3rd quarter worth about $90,000. Blue Trust Inc. grew its position in Clear Secure by 376.0% during the 4th 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. Finally, NBC Securities Inc. acquired a new stake in Clear Secure during the 3rd quarter worth about $105,000. 73.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on YOU. Telsey Advisory Group raised their target price on Clear Secure from $34.00 to $42.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Wedbush restated a “neutral” rating and set a $26.00 target price (up from $24.00) on shares of Clear Secure in a research report on Thursday, November 7th. Needham & Company LLC restated a “buy” rating and set a $45.00 target price on shares of Clear Secure in a research report on Monday, December 16th. Finally, Stifel Nicolaus raised their target price on Clear Secure from $24.00 to $32.00 and gave the company a “hold” rating in a research report on Monday, October 28th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.20.

Clear Secure Trading Down 0.8 %

Shares of Clear Secure stock opened at $24.00 on Friday. The firm has a market capitalization of $3.34 billion, a PE ratio of 27.90 and a beta of 1.38. Clear Secure, Inc. has a twelve month low of $16.05 and a twelve month high of $38.88. The firm’s 50-day moving average price is $25.66 and its 200 day moving average price is $28.39.

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.