CLEAR Secure (NYSE:YOU) Shares Down 6.3% - Time to Sell?

Key Points

• CLEAR Secure (NYSE:YOU) shares fell 6.3% to $34.13, significantly below the previous close of $36.41, with a trading volume drop of 68% from average daily amounts.
• Despite the recent stock decline, several analysts have upgraded CLEAR Secure's ratings, with a consensus of "Moderate Buy" and an average price target of $34.71.
• The company recently declared a quarterly dividend of $0.125, leading to an annualized dividend yield of 1.5%, further reflecting its financial health despite stock market fluctuations.

CLEAR Secure, Inc. (NYSE:YOU - Get Free Report) shares dropped 6.3% on Tuesday . The company traded as low as $34.21 and last traded at $34.13. Approximately 605,729 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 1,885,846 shares. The stock had previously closed at $36.41.

Wall Street Analysts Forecast Growth

YOU has been the subject of a number of research analyst reports. Wall Street Zen upgraded CLEAR Secure from a "hold" rating to a "buy" rating in a research report on Saturday, August 30th. Telsey Advisory Group increased their price objective on CLEAR Secure from $32.00 to $37.00 and gave the company an "outperform" rating in a research report on Wednesday, August 6th. DA Davidson began coverage on CLEAR Secure in a research report on Tuesday, September 16th. They set a "buy" rating and a $45.00 price objective for the company. Wells Fargo & Company increased their price objective on CLEAR Secure from $23.00 to $25.00 and gave the company an "underweight" rating in a research report on Wednesday, August 6th. Finally, Zacks Research upgraded CLEAR Secure from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, CLEAR Secure presently has a consensus rating of "Moderate Buy" and an average price target of $34.71.

CLEAR Secure Stock Performance

The firm's 50 day simple moving average is $34.35 and its 200-day simple moving average is $29.04. The company has a market capitalization of $4.47 billion, a price-to-earnings ratio of 20.96 and a beta of 1.27.

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

CLEAR Secure Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th were paid a $0.125 dividend. 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 1.5%. CLEAR Secure's dividend payout ratio is 31.25%.

Insider Transactions at CLEAR Secure

In other news, Director Adam Wiener sold 6,000 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $35.00, for a total value of $210,000.00. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Michael Z. Barkin sold 20,000 shares of the company's stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $32.81, for a total transaction of $656,200.00. Following the completion of the transaction, the president directly owned 12,725 shares in the company, valued at $417,507.25. This trade represents a 61.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 58,027 shares of company stock valued at $1,960,743. 39.73% of the stock is owned by insiders.

Hedge Funds Weigh In On CLEAR Secure

Several hedge funds have recently bought and sold shares of the business. Durable Capital Partners LP increased its position in CLEAR Secure by 153.1% during the second quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company's stock worth $207,932,000 after buying an additional 4,531,161 shares during the last quarter. First Trust Advisors LP increased its position in CLEAR Secure by 36.3% during the second quarter. First Trust Advisors LP now owns 3,027,758 shares of the company's stock worth $84,051,000 after buying an additional 805,795 shares during the last quarter. Copeland Capital Management LLC increased its position in CLEAR Secure by 25.2% during the second quarter. Copeland Capital Management LLC now owns 2,474,330 shares of the company's stock worth $68,687,000 after buying an additional 497,871 shares during the last quarter. Goldman Sachs Group Inc. increased its position in CLEAR Secure by 35.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company's stock worth $42,320,000 after buying an additional 430,035 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in CLEAR Secure by 10.7% during the second quarter. JPMorgan Chase & Co. now owns 1,479,594 shares of the company's stock worth $41,074,000 after buying an additional 143,012 shares during 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.

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