CLEAR Secure (NYSE:YOU) CAO Sells $93,564.88 in Stock

CLEAR Secure, Inc. (NYSE:YOU) CAO Dennis Liu sold 2,104 shares of the company’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $44.47, for a total value of $93,564.88. Following the transaction, the chief accounting officer owned 15,870 shares of the company’s stock, valued at approximately $705,738.90. The trade was a 11.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

CLEAR Secure Price Performance

Shares of NYSE YOU opened at $44.12 on Friday. The firm has a market capitalization of $5.97 billion, a PE ratio of 30.01 and a beta of 1.04. CLEAR Secure, Inc. has a 1-year low of $29.43 and a 1-year high of $69.07. The business’s fifty day moving average price is $50.83 and its two-hundred day moving average price is $51.12.

CLEAR Secure (NYSE:YOU) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.09. The company had revenue of $277.76 million during the quarter, compared to the consensus estimate of $269.71 million. CLEAR Secure had a net margin of 14.78% and a return on equity of 71.51%. The company’s revenue for the quarter was up 26.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 earnings per share. Equities research analysts expect that CLEAR Secure, Inc. will post 1.88 earnings per share for the current fiscal year.

CLEAR Secure Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 10th. CLEAR Secure’s payout ratio is presently 40.82%.

Analyst Ratings Changes

Several brokerages have commented on YOU. JPMorgan Chase & Co. assumed coverage on shares of CLEAR Secure in a research note on Monday, August 24th. They issued an “overweight” rating and a $55.00 price target on the stock. The Goldman Sachs Group set a $70.00 price objective on CLEAR Secure in a report on Monday, July 20th. DA Davidson lowered their target price on CLEAR Secure from $60.00 to $55.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 28th. Weiss Ratings downgraded CLEAR Secure from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Finally, Zacks Research lowered CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, CLEAR Secure currently has a consensus rating of “Hold” and an average target price of $59.71.

Institutional Trading of CLEAR Secure

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its holdings in shares of CLEAR Secure by 329.5% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $25,000 after acquiring an additional 748 shares in the last quarter. Advisors Asset Management Inc. bought a new position in CLEAR Secure during the 1st quarter valued at $28,000. Caitong International Asset Management Co. Ltd increased its position in shares of CLEAR Secure by 249.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 867 shares of the company’s stock valued at $30,000 after purchasing an additional 619 shares during the period. Parallel Advisors LLC lifted its holdings in shares of CLEAR Secure by 2,283.3% in the first quarter. Parallel Advisors LLC now owns 715 shares of the company’s stock valued at $35,000 after buying an additional 685 shares during the period. Finally, Allworth Financial LP boosted its stake in CLEAR Secure by 118.8% during the fourth quarter. Allworth Financial LP now owns 1,022 shares of the company’s stock valued at $36,000 after buying an additional 555 shares in the last quarter. 73.80% of the stock is currently owned by institutional investors.

More CLEAR Secure News

Here are the key news stories impacting CLEAR Secure this week:

• Positive Sentiment: CLEAR Secure recently announced a quarterly dividend of $0.15 per share, equivalent to $0.60 annually and a yield of approximately 1.3%. The dividend may provide some support for income-focused investors. CLEAR Secure dividend and insider trading report
• Positive Sentiment: Institutional ownership remains high at 73.8%, while several funds increased their positions during the second quarter. California State Teachers’ Retirement System reported a particularly significant increase, adding more than 5.3 million shares.
• Positive Sentiment: The company’s latest quarterly results were stronger than expected: earnings per share reached $0.49 versus a $0.40 consensus estimate, while revenue rose 26.6% year over year to $277.76 million, above expectations.
• Neutral Sentiment: Analyst sentiment is mixed but currently averages a “Hold” rating. Five analysts rate the stock Buy, three rate it Hold and one rates it Sell. The consensus price target is $59.71, above recent trading levels, although DA Davidson recently lowered its target to $55 and retained a Neutral rating. CLEAR Secure analyst consensus report
• Negative Sentiment: Multiple executives sold shares totaling roughly $1.21 million. President Michael Barkin sold 11,444 shares, reducing his position by nearly 50%; EVP Kyle McLaughlin sold 4,499 shares; CAO Dennis Liu sold 2,104 shares; and another vice president sold 9,192 shares, or 31% of that executive’s prior stake. The Liu, McLaughlin and Barkin transactions were conducted under pre-arranged Rule 10b5-1 plans, with Liu’s sale specifically covering tax obligations, which makes the sales less concerning than discretionary selling but still creates short-term supply and sentiment pressure. CLEAR Secure executive share sales

CLEAR Secure Company Profile

CLEAR Secure, Inc operates a biometric identity platform designed to expedite identity verification for air travelers and venue guests. The company’s core offering is the CLEAR membership service, which uses fingerprint and iris scans to confirm a member’s identity and provide access to dedicated security lanes at participating airports. Members link government-issued IDs and personal biometric data via the CLEAR app, enabling faster processing through Transportation Security Administration (TSA) checkpoints and select event entrances.

Founded in 2010 by Caryn Seidman‐Becker and Ken Cornick, CLEAR is headquartered in New York City.