CLEAR Secure, Inc. (NYSE:YOU - Get Free Report) President Michael Barkin sold 7,056 shares of the firm's stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $48.23, for a total value of $340,310.88. Following the completion of the sale, the president directly owned 5,669 shares in the company, valued at $273,415.87. This trade represents a 55.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
CLEAR Secure Trading Up 1.7%
Shares of CLEAR Secure stock opened at $48.86 on Wednesday. CLEAR Secure, Inc. has a 1 year low of $23.00 and a 1 year high of $50.46. The company's fifty day simple moving average is $35.53 and its 200-day simple moving average is $35.01. The company has a market cap of $6.51 billion, a price-to-earnings ratio of 43.63 and a beta of 1.13.
CLEAR Secure (NYSE:YOU - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.31 earnings per share for the quarter, meeting analysts' consensus estimates of $0.31. CLEAR Secure had a net margin of 12.12% and a return on equity of 70.08%. The firm had revenue of $240.75 million during the quarter, compared to the consensus estimate of $235.66 million. During the same period in the prior year, the firm earned $0.91 EPS. The business's revenue was up 16.7% on a year-over-year basis. As a group, research analysts forecast that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal year.
CLEAR Secure Dividend Announcement
The company also recently announced a special dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a yield of 129.0%. CLEAR Secure's dividend payout ratio (DPR) is 44.64%.
Analyst Ratings Changes
A number of brokerages have commented on YOU. Weiss Ratings downgraded CLEAR Secure from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, February 3rd. Zacks Research downgraded shares of CLEAR Secure from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 10th. DA Davidson increased their price objective on shares of CLEAR Secure from $46.00 to $54.00 and gave the company a "buy" rating in a research note on Thursday, February 26th. Wall Street Zen downgraded shares of CLEAR Secure from a "buy" rating to a "hold" rating in a report on Monday, November 10th. Finally, The Goldman Sachs Group set a $61.00 target price on shares of CLEAR Secure and gave the company a "buy" rating in a research report on Wednesday, February 25th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, CLEAR Secure has an average rating of "Hold" and a consensus price target of $51.57.
Read Our Latest Analysis on CLEAR Secure
More CLEAR Secure News
Here are the key news stories impacting CLEAR Secure this week:
- Positive Sentiment: Needham raised its price target sharply from $45 to $60 and kept a "buy" rating, giving the stock meaningful upside vs. the recent price; that upgrade is a clear catalyst for demand. Benzinga
- Positive Sentiment: Zacks reports rising earnings estimate revisions and added YOU to Zacks Rank #1 (Strong Buy) momentum lists — signals that short‑term quant/momentum traders and some analysts are turning more bullish. Earnings Estimates Rising for Clear Secure
- Positive Sentiment: Zacks highlighted YOU as a top momentum/strong buy pick on March 2, which can attract flows from model-driven funds and retail traders. Best Momentum Stock to Buy
- Neutral Sentiment: CLEAR launched a reimagined CLEAR App to improve the travel experience — a strategic product update that supports longer‑term member engagement and monetization but will likely show up gradually in results. PR Newswire
- Negative Sentiment: Insider selling: President Michael Z. Barkin disclosed two recent sales — 7,056 shares at ~$48.23 (~$340k) and 22,885 shares at ~$48.22 (~$1.10M) — leaving him with 5,669 shares; large insider reductions can concern investors even when unrelated to company fundamentals. SEC Filing
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of YOU. Durable Capital Partners LP boosted its stake in shares of CLEAR Secure by 153.1% in the 2nd quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company's stock valued at $207,932,000 after purchasing an additional 4,531,161 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in CLEAR Secure by 6,038.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,463,717 shares of the company's stock valued at $48,859,000 after purchasing an additional 1,439,873 shares during the last quarter. Squarepoint Ops LLC boosted its position in CLEAR Secure by 4,573.0% in the second quarter. Squarepoint Ops LLC now owns 929,033 shares of the company's stock valued at $25,790,000 after buying an additional 909,152 shares in the last quarter. Norges Bank bought a new stake in CLEAR Secure during the fourth quarter worth about $29,500,000. Finally, First Trust Advisors LP grew its stake 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. 73.80% of the stock is currently owned by institutional investors and hedge funds.
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.
Further Reading
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