Weiss Ratings reiterated their hold (c+) rating on shares of CLEAR Secure (NYSE:YOU – Free Report) in a research note released on Wednesday,Weiss Ratings reports.
YOU has been the subject of several other reports. Telsey Advisory Group boosted their price target on CLEAR Secure from $32.00 to $37.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. DA Davidson assumed coverage on CLEAR Secure in a research note on Tuesday, September 16th. They issued a “buy” rating and a $45.00 price target for the company. Wells Fargo & Company boosted their price objective on shares of CLEAR Secure from $23.00 to $25.00 and gave the company an “underweight” rating in a research report on Wednesday, August 6th. Wall Street Zen upgraded shares of CLEAR Secure from a “hold” rating to a “buy” rating in a research report on Saturday, August 30th. Finally, Stifel Nicolaus boosted their price objective on shares of CLEAR Secure from $26.00 to $28.00 and gave the company a “hold” rating in a research report on Tuesday, July 29th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $34.71.
Read Our Latest Report on CLEAR Secure
CLEAR Secure Trading Down 4.6%
CLEAR Secure (NYSE:YOU – Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.03. The business had revenue of $219.47 million during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. 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. Analysts forecast that CLEAR Secure will post 0.98 EPS for the current year.
CLEAR Secure Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 10th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Wednesday, September 10th. CLEAR Secure’s dividend payout ratio is presently 31.25%.
Insider Activity at CLEAR Secure
In related news, Director Adam Wiener sold 8,000 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $33.02, for a total value of $264,160.00. Following the completion of the sale, the director directly owned 193,634 shares in the company, valued at $6,393,794.68. This represents a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Michael Z. Barkin sold 16,050 shares of the stock in a transaction on 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 owned 12,725 shares of the company’s stock, valued at $448,174.50. The trade was a 55.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 66,027 shares of company stock worth $2,224,903 over the last three months. Company insiders own 39.73% of the company’s stock.
Institutional Trading of CLEAR Secure
A number of institutional investors have recently bought and sold shares of YOU. Geneos Wealth Management Inc. boosted its position in CLEAR Secure by 329.5% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $25,000 after acquiring an additional 748 shares during the last quarter. Advisors Asset Management Inc. bought a new stake in CLEAR Secure during the first quarter valued at $28,000. Fifth Third Bancorp boosted its position in CLEAR Secure by 217.0% during the first quarter. Fifth Third Bancorp now owns 1,116 shares of the company’s stock valued at $29,000 after acquiring an additional 764 shares during the last quarter. First Horizon Advisors Inc. boosted its position in CLEAR Secure by 72.0% during the first quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company’s stock valued at $38,000 after acquiring an additional 617 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new stake in CLEAR Secure during the first quarter valued at $41,000. 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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