CLEAR Secure, Inc. (NYSE:YOU - Get Free Report) fell 3.8% on Friday . The stock traded as low as $31.48 and last traded at $31.18. 171,021 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 1,871,889 shares. The stock had previously closed at $32.42.
Analyst Ratings Changes
Several brokerages have weighed in on YOU. Zacks Research lowered CLEAR Secure from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 6th. Wells Fargo & Company raised their target price on CLEAR Secure from $23.00 to $25.00 and gave the company an "underweight" rating in a research note on Wednesday, August 6th. Telsey Advisory Group raised their target price on CLEAR Secure from $32.00 to $37.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th. The Goldman Sachs Group increased their price target on CLEAR Secure from $33.00 to $37.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Finally, Wall Street Zen upgraded CLEAR Secure from a "hold" rating to a "buy" rating in a research report on Saturday, August 30th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $34.71.
View Our Latest Research Report on YOU
CLEAR Secure Stock Performance
The stock has a 50 day moving average price of $34.47 and a two-hundred day moving average price of $29.64. The company has a market capitalization of $4.14 billion, a PE ratio of 19.36 and a beta of 1.24.
CLEAR Secure (NYSE:YOU - Get Free Report) last posted its quarterly 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. 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 during the quarter, compared to the consensus estimate of $214.90 million. During the same period last year, the business earned $0.34 EPS. The business's quarterly revenue was up 17.6% on a year-over-year basis. CLEAR Secure has set its Q3 2025 guidance at EPS. Sell-side analysts predict that CLEAR Secure, Inc. will post 0.98 earnings per share for the current year.
CLEAR Secure Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th were paid 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 1.6%. CLEAR Secure's dividend payout ratio (DPR) is 31.25%.
Insider Transactions at CLEAR Secure
In related news, Director Adam Wiener sold 8,000 shares of the firm's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $33.02, for a total value of $264,160.00. Following the transaction, the director directly owned 193,634 shares of the company's stock, valued at approximately $6,393,794.68. This trade represents a 3.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, President Michael Z. Barkin sold 16,050 shares of the firm's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $35.22, for a total value of $565,281.00. Following the completion of the transaction, the president directly owned 12,725 shares in the company, valued at $448,174.50. The trade was a 55.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 61,027 shares of company stock valued at $2,074,903 in the last three months. Corporate insiders own 39.73% of the company's stock.
Institutional Trading of CLEAR Secure
Several institutional investors have recently bought and sold shares of YOU. Geneos Wealth Management Inc. raised its position in CLEAR Secure by 329.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock valued at $25,000 after purchasing an additional 748 shares during the last quarter. Advisors Asset Management Inc. bought a new stake in CLEAR Secure in the first quarter valued at about $28,000. First Horizon Advisors Inc. increased its holdings in CLEAR Secure by 72.0% in the first quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company's stock valued at $38,000 after purchasing an additional 617 shares during the last quarter. Steigerwald Gordon & Koch Inc. acquired a new position in CLEAR Secure in the third quarter valued at about $50,000. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in CLEAR Secure in the first quarter valued at about $41,000. Institutional investors and hedge funds own 73.80% of the company's stock.
About CLEAR Secure
(
Get Free Report)
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.
See Also
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