CLEAR Secure (NYSE:YOU) CAO Dennis W. Liu Sells 2,027 Shares

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 W. Liu sold 2,027 shares of CLEAR Secure stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $36.00, for a total value of $72,972.00. Following the transaction, the chief accounting officer directly owned 11,896 shares of the company's stock, valued at $428,256. This trade represents a 14.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

CLEAR Secure Trading Down 1.4%

Shares of NYSE:YOU traded down $0.53 during midday trading on Friday, hitting $36.34. 2,008,702 shares of the stock were exchanged, compared to its average volume of 1,843,552. The stock has a market cap of $4.83 billion, a P/E ratio of 22.71 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. The company has a 50 day moving average price of $30.92 and a 200-day moving average price of $27.14.

CLEAR Secure (NYSE:YOU - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.03. The business 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%.The business's revenue was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.34 EPS. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, equities research analysts expect 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 dividend of $0.125 per share. 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 payout ratio is 31.25%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Durable Capital Partners LP increased its stake 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 valued at $207,932,000 after acquiring an additional 4,531,161 shares during the last quarter. Wellington Management Group LLP increased its stake 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 valued at $88,512,000 after acquiring an additional 1,422,999 shares during the last quarter. First Trust Advisors LP increased its stake 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 valued at $84,051,000 after acquiring an additional 805,795 shares during the last quarter. Copeland Capital Management LLC increased its stake 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 valued at $68,687,000 after acquiring an additional 497,871 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake 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 valued at $42,320,000 after acquiring an additional 430,035 shares during the last quarter. Institutional investors and hedge funds own 73.80% of the company's stock.

Analyst Upgrades and Downgrades

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

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.