Insider Selling: CLEAR Secure (NYSE:YOU) Director Sells 6,000 Shares of Stock

Key Points

• Adam Wiener, a director of CLEAR Secure, sold a total of 6,000 shares for $210,000, reducing his ownership by 2.89% to approximately 201,634 shares valued at $7.06 million.
• CLEAR Secure reported earnings of $0.26 per share for Q2, surpassing estimates, with revenues increasing by 17.6% year-over-year.
• The company declared a quarterly dividend of $0.125 per share, set to be paid on September 17th, translating to an annual yield of 1.4%.

CLEAR Secure, Inc. (NYSE:YOU - Get Free Report) Director Adam Wiener sold 6,000 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $35.00, for a total value of $210,000.00. Following the completion of the sale, the director owned 201,634 shares of the company's stock, valued at $7,057,190. This represents a 2.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Adam Wiener also recently made the following trade(s):

• On Thursday, July 17th, Adam Wiener sold 5,000 shares of CLEAR Secure stock. The shares were sold at an average price of $30.00, for a total value of $150,000.00.
• On Tuesday, July 1st, Adam Wiener sold 3,000 shares of CLEAR Secure stock. The shares were sold at an average price of $27.50, for a total value of $82,500.00.

CLEAR Secure Stock Down 1.4%

Shares of CLEAR Secure stock traded down $0.53 during trading on Friday, reaching $36.34. The company's stock had a trading volume of 2,008,702 shares, compared to its average volume of 1,843,552. The company has a market cap of $4.83 billion, a price-to-earnings ratio of 22.71 and a beta of 1.25. The company has a 50-day simple moving average of $30.92 and a two-hundred day simple moving average of $27.14. CLEAR Secure, Inc. has a 1-year low of $21.67 and a 1-year high of $38.88.

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

CLEAR Secure Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. CLEAR Secure's dividend payout ratio is 31.25%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Wall Street Zen upgraded shares of CLEAR Secure from a "hold" rating to a "buy" rating in a report on Saturday. Telsey Advisory Group upped their price objective on shares of CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. The Goldman Sachs Group upped their price objective on shares of CLEAR Secure from $33.00 to $37.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Stifel Nicolaus upped their target price on shares of CLEAR Secure from $26.00 to $28.00 and gave the stock a "hold" rating in a research note on Tuesday, July 29th. Finally, Wells Fargo & Company upped their target price on shares of CLEAR Secure from $23.00 to $25.00 and gave the stock an "underweight" rating in a research note on Wednesday, August 6th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $33.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Durable Capital Partners LP lifted its position in shares of CLEAR Secure by 153.1% during the 2nd quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company's stock worth $207,932,000 after buying an additional 4,531,161 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of CLEAR Secure by 74.9% during the 4th quarter. Wellington Management Group LLP now owns 3,322,514 shares of the company's stock worth $88,512,000 after buying an additional 1,422,999 shares during the last quarter. First Trust Advisors LP lifted its position in shares of CLEAR Secure by 36.3% during the 2nd quarter. First Trust Advisors LP now owns 3,027,758 shares of the company's stock worth $84,051,000 after buying an additional 805,795 shares during the last quarter. Copeland Capital Management LLC lifted its position in shares of CLEAR Secure by 25.2% during the 2nd quarter. Copeland Capital Management LLC now owns 2,474,330 shares of the company's stock worth $68,687,000 after buying an additional 497,871 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of CLEAR Secure by 35.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company's stock worth $42,320,000 after buying an additional 430,035 shares during the last quarter. Institutional investors and hedge funds own 73.80% of the company's stock.

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.