CLEAR Secure (NYSE:YOU) Raised to Buy at Wall Street Zen

Key Points

• CLEAR Secure was upgraded from a "hold" to a "buy" rating by Wall Street Zen, reflecting a positive outlook from analysts.
• After recent earnings results, CLEAR Secure reported $0.26 EPS, surpassing analyst expectations, and a revenue increase of 17.6% year-over-year.
• Insider activity shows a significant selloff, with the president and chief accounting officer reducing their stakes by over 60% and 26% respectively.

Wall Street Zen upgraded shares of CLEAR Secure (NYSE:YOU - Free Report) from a hold rating to a buy rating in a research note published on Saturday morning.

Several other analysts also recently weighed in on YOU. Stifel Nicolaus upped their price target on CLEAR Secure from $26.00 to $28.00 and gave the stock a "hold" rating in a research note on Tuesday, July 29th. The Goldman Sachs Group increased their target price 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 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. Finally, Telsey Advisory Group upped their price target on shares of CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $33.00.

CLEAR Secure Stock Performance

Shares of CLEAR Secure stock traded up $0.50 during trading on Friday, hitting $36.33. The company's stock had a trading volume of 751,176 shares, compared to its average volume of 1,925,409. CLEAR Secure has a 52 week low of $21.67 and a 52 week high of $38.88. The company has a market capitalization of $4.83 billion, a PE ratio of 22.72 and a beta of 1.27. The company has a fifty day simple moving average of $31.31 and a two-hundred day simple moving average of $27.32.

CLEAR Secure (NYSE:YOU - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.26 EPS for the quarter, topping 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 business had revenue of $219.47 million for the quarter, compared to analyst estimates of $214.90 million. During the same quarter in the previous year, the firm posted $0.34 earnings per share. CLEAR Secure's quarterly revenue was up 17.6% on a year-over-year basis. CLEAR Secure has set its Q3 2025 guidance at EPS. As a group, analysts predict that CLEAR Secure will post 0.98 EPS for the current year.

CLEAR Secure Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. CLEAR Secure's dividend payout ratio is 31.25%.

Insiders Place Their Bets

In related news, CAO Dennis W. Liu sold 2,027 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $36.00, for a total transaction of $72,972.00. Following the completion of the sale, the chief accounting officer owned 11,896 shares in the company, valued at approximately $428,256. This trade represents a 14.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Michael Z. Barkin sold 16,050 shares of CLEAR Secure stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $35.22, for a total transaction of $565,281.00. Following the completion of the sale, the president owned 12,725 shares in the company, valued at approximately $448,174.50. This represents a 55.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 61,027 shares of company stock worth $2,043,243. Corporate insiders own 39.73% of the company's stock.

Hedge Funds Weigh In On CLEAR Secure

Several large investors have recently modified their holdings of the stock. Durable Capital Partners LP raised its position in CLEAR Secure by 153.1% in the 2nd quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company's stock worth $207,932,000 after purchasing an additional 4,531,161 shares during the period. Wellington Management Group LLP grew its stake in shares of CLEAR Secure by 74.9% during the fourth quarter. Wellington Management Group LLP now owns 3,322,514 shares of the company's stock valued at $88,512,000 after buying an additional 1,422,999 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of CLEAR Secure by 36.3% in 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 period. Copeland Capital Management LLC lifted 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 worth $68,687,000 after acquiring an additional 497,871 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in 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 period. Institutional investors own 73.80% of the company's stock.

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.