CLEAR Secure (NYSE:YOU) Coverage Initiated by Analysts at DA Davidson

Key Points

• DA Davidson initiated coverage of CLEAR Secure (NYSE:YOU) with a buy rating and a price target of $45.00, suggesting a potential upside of 18.84% from the stock's previous close.
• CLEAR Secure posted a quarterly EPS of $0.26, exceeding analysts' expectations, with revenue of $219.47 million, marking a 17.6% year-over-year increase.
• Insiders, including President Michael Z. Barkin, have sold significant amounts of stock recently, with insiders owning approximately 39.73% of the company's shares.

DA Davidson began coverage on shares of CLEAR Secure (NYSE:YOU - Free Report) in a research report sent to investors on Tuesday, MarketBeat reports. The brokerage issued a buy rating and a $45.00 price objective on the stock.

Several other research firms have also issued reports on YOU. Telsey Advisory Group lifted their target price on shares of CLEAR Secure from $32.00 to $37.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Wall Street Zen upgraded shares of CLEAR Secure from a "hold" rating to a "buy" rating in a report on Saturday, August 30th. Wells Fargo & Company lifted their target price on shares of CLEAR Secure from $23.00 to $25.00 and gave the company an "underweight" rating in a report on Wednesday, August 6th. Zacks Research upgraded shares of CLEAR Secure from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. Finally, The Goldman Sachs Group raised their price target on shares of CLEAR Secure from $33.00 to $37.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $34.71.

CLEAR Secure Stock Performance

YOU traded up $0.83 during trading on Tuesday, reaching $37.90. The stock had a trading volume of 3,658,721 shares, compared to its average volume of 1,477,155. The stock has a market cap of $5.04 billion, a PE ratio of 23.69 and a beta of 1.27. CLEAR Secure has a one year low of $21.67 and a one year high of $38.88. The business has a 50-day moving average of $33.49 and a 200-day moving average of $28.49.

CLEAR Secure (NYSE:YOU - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.03. The company had revenue of $219.47 million during the quarter, compared to analyst estimates of $214.90 million. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. 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 business posted $0.34 earnings per share. CLEAR Secure has set its Q3 2025 guidance at EPS. Equities research analysts forecast that CLEAR Secure will post 0.98 EPS for the current fiscal year.

CLEAR Secure Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.3%. CLEAR Secure's payout ratio is presently 31.25%.

Insider Activity at CLEAR Secure

In related news, Director Adam Wiener sold 6,000 shares of CLEAR Secure stock in a transaction 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 transaction, the director owned 201,634 shares in the company, valued at approximately $7,057,190. The trade was a 2.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Michael Z. Barkin sold 20,000 shares of CLEAR Secure stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $32.81, for a total transaction of $656,200.00. Following the transaction, the president owned 12,725 shares in the company, valued at approximately $417,507.25. This trade represents a 61.12% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 61,027 shares of company stock worth $2,043,243. 39.73% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its stake in shares of CLEAR Secure by 329.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock valued at $25,000 after buying an additional 748 shares in the last quarter. Harbor Investment Advisory LLC purchased a new stake in CLEAR Secure in the 1st quarter worth $27,000. Advisors Asset Management Inc. purchased a new stake in CLEAR Secure in the 1st quarter worth $28,000. Fifth Third Bancorp lifted its stake in CLEAR Secure by 217.0% in the 1st quarter. Fifth Third Bancorp now owns 1,116 shares of the company's stock worth $29,000 after purchasing an additional 764 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in CLEAR Secure by 72.0% in the 1st quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company's stock worth $38,000 after purchasing an additional 617 shares in the last quarter. Hedge funds and other institutional investors own 73.80% of the company's stock.

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.