Stanley Laman Group Ltd. Lowers Stake in Clear Secure, Inc. (NYSE:YOU)

Stanley Laman Group Ltd. lowered its stake in shares of Clear Secure, Inc. (NYSE:YOU) by 6.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of YOU. Capital Performance Advisors LLP purchased a new stake in shares of Clear Secure during the 3rd quarter valued at $26,000. GAMMA Investing LLC lifted its holdings in shares of Clear Secure by 221.6% during the 4th quarter. GAMMA Investing LLC now owns 1,119 shares of the company’s stock valued at $30,000 after purchasing an additional 771 shares during the last quarter. KBC Group NV purchased a new stake in shares of Clear Secure during the 3rd quarter valued at $90,000. Blue Trust Inc. lifted its holdings in shares of Clear Secure by 376.0% during 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. Finally, NBC Securities Inc. purchased a new stake in shares of Clear Secure during the 3rd quarter valued at $105,000. Hedge funds and other institutional investors own 73.80% of the company’s stock.

Clear Secure Price Performance

NYSE YOU opened at $24.00 on Friday. The stock’s fifty day moving average price is $25.66 and its 200 day moving average price is $28.39. Clear Secure, Inc. has a 1 year low of $16.05 and a 1 year high of $38.88. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 27.90 and a beta of 1.38.

Analysts Set New Price Targets

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

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.