Michael Barkin Sells 16,050 Shares of CLEAR Secure (NYSE:YOU) Stock

Key Points

• Michael Barkin, President of CLEAR Secure, sold 16,050 shares of stock at an average price of $35.22, reducing his ownership by 55.78% to 12,725 shares valued at approximately $448,174.50.
• Following the transaction, CLEAR Secure's stock price decreased by 0.8% to $36.06, with an average trading volume significantly lower than its usual levels.
• CLEAR Secure announced a quarterly dividend of $0.125, which will be paid to investors on September 17th, representing an annualized yield of 1.4%.

CLEAR Secure, Inc. (NYSE:YOU - Get Free Report) President Michael Barkin sold 16,050 shares of CLEAR Secure stock in a transaction dated 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 sale, the president directly owned 12,725 shares in the company, valued at approximately $448,174.50. This represents a 55.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

CLEAR Secure Stock Down 0.8%

Shares of NYSE:YOU traded down $0.30 during midday trading on Monday, reaching $36.06. The company had a trading volume of 933,011 shares, compared to its average volume of 1,758,907. The business's 50 day moving average price is $29.75 and its 200 day moving average price is $26.71. The stock has a market cap of $4.79 billion, a PE ratio of 21.90 and a beta of 1.25. CLEAR Secure, Inc. has a 1-year low of $21.67 and a 1-year high of $38.88.

CLEAR Secure (NYSE:YOU - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.03. The business had revenue of $219.47 million for 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%.CLEAR Secure's quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.34 earnings per share. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, research analysts expect that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal year.

CLEAR Secure Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, September 10th will be given 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 payout ratio is currently 31.25%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on YOU. Telsey Advisory Group lifted their price target on CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Stifel Nicolaus lifted their price target on CLEAR Secure from $26.00 to $28.00 and gave the stock a "hold" rating in a report on Tuesday, July 29th. Wall Street Zen cut CLEAR Secure from a "buy" rating to a "hold" rating in a report on Sunday, July 13th. Wells Fargo & Company lifted their price target on CLEAR Secure from $23.00 to $25.00 and gave the stock an "underweight" rating in a report on Wednesday, August 6th. Finally, 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 report on Wednesday, August 6th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, CLEAR Secure currently has a consensus rating of "Hold" and an average target price of $33.00.

Institutional Investors Weigh In On CLEAR Secure

Several institutional investors have recently made changes to their positions in YOU. Geneos Wealth Management Inc. boosted its stake in shares of CLEAR Secure by 329.5% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock valued at $25,000 after buying an additional 748 shares during the period. Harbor Investment Advisory LLC bought a new stake in shares of CLEAR Secure in the first quarter valued at approximately $27,000. Advisors Asset Management Inc. bought a new stake in shares of CLEAR Secure in the first quarter valued at approximately $28,000. Fifth Third Bancorp boosted its stake in shares of CLEAR Secure by 217.0% in the first quarter. Fifth Third Bancorp now owns 1,116 shares of the company's stock valued at $29,000 after buying an additional 764 shares during the period. Finally, First Horizon Advisors Inc. boosted its stake in shares of 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 buying an additional 617 shares during the period. 73.80% of the stock is currently owned by institutional investors.

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.

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