Michael Barkin Sells 16,050 Shares of CLEAR Secure (NYSE:YOU) Stock

CLEAR Secure, Inc. (NYSE:YOUGet Free Report) President Michael Barkin sold 16,050 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $35.22, for a total value of $565,281.00. Following the completion of the transaction, the president directly owned 12,725 shares of the company’s stock, valued at approximately $448,174.50. The trade was a 55.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

CLEAR Secure Price Performance

NYSE YOU opened at $36.60 on Thursday. The firm has a market cap of $4.86 billion, a PE ratio of 22.87 and a beta of 1.25. CLEAR Secure, Inc. has a one year low of $21.67 and a one year high of $38.88. The stock’s 50 day simple moving average is $30.45 and its 200 day simple moving average is $26.93.

CLEAR Secure (NYSE:YOUGet Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.03. The business had revenue of $219.47 million for the quarter, compared to analyst estimates of $214.90 million. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.CLEAR Secure’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.34 EPS. CLEAR Secure has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that CLEAR Secure, Inc. will post 0.98 earnings per share for the current year.

CLEAR Secure Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, September 10th will be given a dividend of $0.125 per share. The ex-dividend date is Wednesday, September 10th. This represents a $0.50 dividend on an annualized basis and a yield of 1.4%. CLEAR Secure’s dividend payout ratio is 31.25%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in YOU. Durable Capital Partners LP boosted its position in shares of CLEAR Secure by 153.1% in the 2nd quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company’s stock worth $207,932,000 after purchasing an additional 4,531,161 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of CLEAR Secure by 74.9% in the 4th quarter. Wellington Management Group LLP now owns 3,322,514 shares of the company’s stock worth $88,512,000 after purchasing an additional 1,422,999 shares during the last quarter. Nuveen LLC bought a new position in shares of CLEAR Secure in the 1st quarter worth $30,862,000. Squarepoint Ops LLC boosted its position in shares of CLEAR Secure by 4,573.0% in the 2nd quarter. Squarepoint Ops LLC now owns 929,033 shares of the company’s stock worth $25,790,000 after purchasing an additional 909,152 shares during the last quarter. Finally, Copeland Capital Management LLC boosted its position in shares of CLEAR Secure by 71.4% in the 1st quarter. Copeland Capital Management LLC now owns 1,976,459 shares of the company’s stock worth $51,210,000 after purchasing an additional 823,166 shares during the last quarter. 73.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

YOU has been the topic of a number of research analyst reports. Stifel Nicolaus increased their price target on CLEAR Secure from $26.00 to $28.00 and gave the stock a “hold” rating in a research report on Tuesday, July 29th. Wall Street Zen lowered CLEAR Secure from a “buy” rating to a “hold” rating in a research report on Sunday, July 13th. The Goldman Sachs Group increased their price objective on CLEAR Secure from $33.00 to $37.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Wells Fargo & Company increased their price objective on CLEAR Secure from $23.00 to $25.00 and gave the company an “underweight” rating in a research report on Wednesday, August 6th. Finally, Telsey Advisory Group increased their price objective on CLEAR Secure from $32.00 to $37.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, CLEAR Secure presently has a consensus rating of “Hold” and a consensus price target of $33.00.

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CLEAR Secure Company Profile

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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.

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