Adam Wiener Sells 6,000 Shares of CLEAR Secure (NYSE:YOU) 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 business's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $35.00, for a total transaction of $210,000.00. Following the completion of the transaction, the director directly owned 201,634 shares of the company's stock, valued at approximately $7,057,190. This represents a 2.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Thursday, July 17th, Adam Wiener sold 5,000 shares of CLEAR Secure stock. The stock was sold at an average price of $30.00, for a total transaction 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 Price Performance

YOU traded down $0.30 during trading on Monday, hitting $36.06. The company's stock had a trading volume of 933,011 shares, compared to its average volume of 1,758,907. The firm's 50 day moving average price is $29.75 and its 200-day moving average price is $26.71. The stock has a market cap of $4.79 billion, a PE ratio of 21.90 and a beta of 1.25. CLEAR Secure, Inc. has a twelve month low of $21.67 and a twelve month high of $38.88.

CLEAR Secure (NYSE:YOU - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.03. The company had revenue of $219.47 million during the quarter, compared to the consensus estimate 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 was up 17.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.34 EPS. CLEAR Secure has set its Q3 2025 guidance at EPS. Equities analysts anticipate 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. Shareholders of record on Wednesday, September 10th will be issued a $0.125 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $0.50 annualized dividend and a yield of 1.4%. CLEAR Secure's payout ratio is 31.25%.

Analyst Ratings Changes

YOU has been the subject of several recent analyst reports. Wall Street Zen cut CLEAR Secure from a "buy" rating to a "hold" rating in a report on Sunday, July 13th. Stifel Nicolaus lifted their price target on CLEAR Secure from $26.00 to $28.00 and gave the company a "hold" rating in a report on Tuesday, July 29th. The Goldman Sachs Group lifted their price target on CLEAR Secure from $33.00 to $37.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Telsey Advisory Group lifted their price target on CLEAR Secure from $32.00 to $37.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Finally, Wells Fargo & Company lifted their price target on CLEAR Secure from $23.00 to $25.00 and gave the company an "underweight" rating in a report on Wednesday, August 6th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, CLEAR Secure has an average rating of "Hold" and a consensus target price of $33.00.

Hedge Funds Weigh In On CLEAR Secure

Several hedge funds and other institutional investors have recently bought and sold shares of YOU. Wells Fargo & Company MN lifted its position in CLEAR Secure by 18.4% during the 4th quarter. Wells Fargo & Company MN now owns 53,097 shares of the company's stock worth $1,415,000 after acquiring an additional 8,254 shares in the last quarter. Raymond James Financial Inc. acquired a new position in CLEAR Secure during the 4th quarter worth approximately $1,695,000. Barclays PLC lifted its position in CLEAR Secure by 3.1% during the 4th quarter. Barclays PLC now owns 160,721 shares of the company's stock worth $4,281,000 after acquiring an additional 4,815 shares in the last quarter. NewEdge Advisors LLC acquired a new position in CLEAR Secure during the 4th quarter worth approximately $74,000. Finally, First Trust Advisors LP lifted its position in CLEAR Secure by 26.0% during the 4th quarter. First Trust Advisors LP now owns 246,970 shares of the company's stock worth $6,579,000 after acquiring an additional 50,995 shares in the last quarter. 73.80% of the stock is owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.