Michael Barkin Sells 3,950 Shares of CLEAR Secure (NYSE:YOU) Stock

Key Points

• Michael Barkin, President of CLEAR Secure, Inc., sold 3,950 shares of stock at an average price of $35.01, resulting in a decrease of over 23% in his ownership.
• CLEAR Secure reported a quarterly EPS of $0.26, exceeding analysts' expectations of $0.23, with a revenue increase of 17.6% year-over-year.
• The company declared a quarterly dividend of $0.125 per share, reflecting an annualized yield of 1.4%, with the payment date set for September 17th.

CLEAR Secure, Inc. (NYSE:YOU - Get Free Report) President Michael Barkin sold 3,950 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $35.01, for a total value of $138,289.50. Following the transaction, the president owned 12,725 shares in the company, valued at approximately $445,502.25. This trade represents a 23.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

CLEAR Secure Stock Performance

Shares of CLEAR Secure stock traded down $0.30 during trading on Monday, reaching $36.06. The company's stock had a trading volume of 933,011 shares, compared to its average volume of 1,758,907. The business's fifty day moving average price is $29.98 and its 200-day moving average price is $26.80. The firm has a market cap of $4.79 billion, a price-to-earnings ratio of 22.54 and a beta of 1.25. CLEAR Secure, Inc. has a one year low of $21.67 and a one year high of $38.88.

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 analysts' consensus estimates of $0.23 by $0.03. The business had revenue of $219.47 million for the quarter, compared to analyst estimates of $214.90 million. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.The firm's revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.34 earnings per share. CLEAR Secure has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that CLEAR Secure, Inc. will post 0.98 EPS for the current year.

CLEAR Secure Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on YOU. Telsey Advisory Group lifted their price objective on CLEAR Secure from $32.00 to $37.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Stifel Nicolaus lifted their price objective on CLEAR Secure from $26.00 to $28.00 and gave the company a "hold" rating in a report on Tuesday, July 29th. Wall Street Zen downgraded CLEAR Secure from a "buy" rating to a "hold" rating in a report on Sunday, July 13th. Wells Fargo & Company boosted their target price 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 boosted their target price on CLEAR Secure from $33.00 to $37.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $33.00.

Institutional Trading of CLEAR Secure

Several institutional investors and hedge funds have recently made changes to their positions in YOU. New York State Common Retirement Fund increased its position in shares of CLEAR Secure by 6.3% in the 1st quarter. New York State Common Retirement Fund now owns 28,913 shares of the company's stock valued at $749,000 after buying an additional 1,712 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of CLEAR Secure by 54.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 27,627 shares of the company's stock worth $713,000 after buying an additional 9,768 shares during the last quarter. Personal CFO Solutions LLC acquired a new stake in CLEAR Secure in the 1st quarter valued at about $260,000. Principal Financial Group Inc. lifted its stake in CLEAR Secure by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 519,264 shares of the company's stock valued at $13,454,000 after purchasing an additional 11,633 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in CLEAR Secure by 132.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,681 shares of the company's stock valued at $614,000 after purchasing an additional 13,499 shares during the last quarter. 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.

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