CLEAR Secure (NYSE:YOU) CAO Sells $72,972.00 in Stock

Key Points

• CLEAR Secure's CAO, Dennis Liu, sold 2,027 shares of stock worth $72,972, reducing his ownership by 14.56% to 11,896 shares valued at approximately $428,256.
• The company reported a quarterly earnings per share (EPS) of $0.26, surpassing analyst estimates, with revenue of $219.47 million, which is up 17.6% year-over-year.
• CLEAR Secure has recently announced a quarterly dividend of $0.125, representing an annualized dividend of $0.50 and a yield of 1.4%, with a dividend payout ratio of 31.25%.

CLEAR Secure, Inc. (NYSE:YOU - Get Free Report) CAO Dennis Liu sold 2,027 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $36.00, for a total value of $72,972.00. Following the sale, the chief accounting officer directly owned 11,896 shares of the company's stock, valued at approximately $428,256. This represents a 14.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

CLEAR Secure Stock Down 0.8%

YOU traded down $0.30 on Monday, hitting $36.06. 933,011 shares of the company traded hands, compared to its average volume of 1,758,907. The stock has a market capitalization of $4.79 billion, a PE ratio of 22.54 and a beta of 1.25. The company has a 50 day moving average of $29.98 and a 200-day moving average of $26.80. CLEAR Secure, Inc. has a 12-month low of $21.67 and a 12-month high of $38.88.

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

CLEAR Secure Dividend Announcement

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

Wall Street Analysts Forecast Growth

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. The Goldman Sachs Group raised 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. Wells Fargo & Company raised 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. Stifel Nicolaus raised 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. Finally, Telsey Advisory Group raised 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. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $33.00.

Hedge Funds Weigh In On CLEAR Secure

A number of institutional investors have recently made changes to their positions in YOU. New York State Common Retirement Fund grew its position in shares of CLEAR Secure by 6.3% in the first quarter. New York State Common Retirement Fund now owns 28,913 shares of the company's stock valued at $749,000 after purchasing an additional 1,712 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of CLEAR Secure by 54.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 27,627 shares of the company's stock valued at $713,000 after purchasing an additional 9,768 shares during the period. Personal CFO Solutions LLC purchased a new stake in shares of CLEAR Secure in the first quarter valued at $260,000. Principal Financial Group Inc. grew its position in shares of CLEAR Secure by 2.3% in the first quarter. Principal Financial Group Inc. now owns 519,264 shares of the company's stock valued at $13,454,000 after purchasing an additional 11,633 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of CLEAR Secure by 132.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,681 shares of the company's stock valued at $614,000 after purchasing an additional 13,499 shares during the period. 73.80% of the stock is owned by institutional investors and hedge funds.

About CLEAR Secure

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.