CLEAR Secure (NYSE:YOU) Director Adam Wiener Sells 14,000 Shares

Key Points

  • Adam Wiener sold 14,000 shares on Jan. 2 at $35 each for $490,000, cutting his stake by 7.79% to 165,634 shares; he also sold 8,000 shares on Dec. 12 ($40) and 6,000 on Nov. 6 ($36.04).
  • CLEAR beat quarterly estimates with $0.29 EPS vs. $0.27 expected and $229.19M revenue (up 15.5% YoY), and it recently declared a $0.125 quarterly dividend (annualized $0.50, ~1.4% yield).
  • The stock trades near $35.49 (50-/200-day MAs $35.22/$33.32), has a market cap of about $4.73B, and carries an average analyst price target of ~$40.86 with a consensus rating of "Hold".

CLEAR Secure, Inc. (NYSE:YOU - Get Free Report) Director Adam Wiener sold 14,000 shares of the company's stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $35.00, for a total transaction of $490,000.00. Following the transaction, the director owned 165,634 shares in the company, valued at $5,797,190. The trade was a 7.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Adam Wiener also recently made the following trade(s):

  • On Friday, December 12th, Adam Wiener sold 8,000 shares of CLEAR Secure stock. The stock was sold at an average price of $40.00, for a total transaction of $320,000.00.
  • On Thursday, November 6th, Adam Wiener sold 6,000 shares of CLEAR Secure stock. The shares were sold at an average price of $36.04, for a total value of $216,240.00.

CLEAR Secure Stock Performance

YOU opened at $35.49 on Tuesday. The stock's 50 day moving average price is $35.22 and its 200-day moving average price is $33.32. CLEAR Secure, Inc. has a one year low of $21.67 and a one year high of $42.29. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 21.64 and a beta of 1.22.




CLEAR Secure (NYSE:YOU - Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.02. The company had revenue of $229.19 million during the quarter, compared to analysts' expectations of $224.80 million. CLEAR Secure had a return on equity of 119.82% and a net margin of 20.97%.CLEAR Secure's revenue was up 15.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.30 EPS. As a group, analysts predict 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, December 24th. Stockholders of record on Wednesday, December 10th were issued a $0.125 dividend. The ex-dividend date was Wednesday, December 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 presently 30.49%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on YOU. DA Davidson set a $46.00 price objective on shares of CLEAR Secure and gave the company a "buy" rating in a research report on Tuesday, December 16th. Wall Street Zen lowered CLEAR Secure from a "buy" rating to a "hold" rating in a report on Monday, November 10th. The Goldman Sachs Group increased their price objective on CLEAR Secure from $37.00 to $41.00 and gave the stock a "buy" rating in a research note on Thursday, November 6th. Zacks Research downgraded CLEAR Secure from a "strong-buy" rating to a "hold" rating in a report on Monday, October 6th. Finally, Telsey Advisory Group reiterated an "outperform" rating and issued a $45.00 target price on shares of CLEAR Secure in a report on Wednesday, December 17th. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $40.86.

Check Out Our Latest Stock Report on CLEAR Secure

Hedge Funds Weigh In On CLEAR Secure

A number of large investors have recently bought and sold shares of YOU. Royal Bank of Canada boosted its position in CLEAR Secure by 59.7% during the 1st quarter. Royal Bank of Canada now owns 271,498 shares of the company's stock valued at $7,034,000 after acquiring an additional 101,476 shares in the last quarter. Amundi raised its position in shares of CLEAR Secure by 62.5% in the 1st quarter. Amundi now owns 3,743 shares of the company's stock worth $97,000 after acquiring an additional 1,440 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in shares of CLEAR Secure during the 1st quarter worth $28,000. AQR Capital Management LLC boosted its position in CLEAR Secure by 12.6% during the first quarter. AQR Capital Management LLC now owns 525,819 shares of the company's stock valued at $13,624,000 after purchasing an additional 58,911 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in CLEAR Secure by 5.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,755 shares of the company's stock valued at $1,367,000 after purchasing an additional 2,801 shares during the last quarter. Institutional investors own 73.80% of the company's stock.

About CLEAR Secure

(Get Free Report)

CLEAR Secure, Inc operates a biometric identity platform designed to expedite identity verification for air travelers and venue guests. The company’s core offering is the CLEAR membership service, which uses fingerprint and iris scans to confirm a member’s identity and provide access to dedicated security lanes at participating airports. Members link government-issued IDs and personal biometric data via the CLEAR app, enabling faster processing through Transportation Security Administration (TSA) checkpoints and select event entrances.

Founded in 2010 by Caryn Seidman‐Becker and Ken Cornick, CLEAR is headquartered in New York City.

See Also

Insider Buying and Selling by Quarter for CLEAR Secure (NYSE:YOU)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at CLEAR Secure?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for CLEAR Secure and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles