Shares of CLEAR Secure, Inc. (NYSE:YOU – Get Free Report) have earned an average recommendation of “Hold” from the nine analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $34.7143.
YOU has been the topic of several recent analyst reports. Stifel Nicolaus boosted their target price on shares of 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 raised shares of CLEAR Secure from a “hold” rating to a “buy” rating in a research note on Saturday, August 30th. Wells Fargo & Company increased their price objective on shares of CLEAR Secure from $23.00 to $25.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 6th. Zacks Research downgraded CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CLEAR Secure in a research report on Wednesday, October 8th.
Read Our Latest Research Report on CLEAR Secure
CLEAR Secure Stock Up 1.6%
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 the consensus estimate 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 net margin of 21.17% and a return on equity of 122.69%. CLEAR Secure’s revenue for the quarter 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. Research analysts expect that CLEAR Secure will post 0.98 earnings per share for the current year.
CLEAR Secure Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 10th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, September 10th. CLEAR Secure’s payout ratio is presently 31.25%.
Insider Activity at CLEAR Secure
In related news, Director Adam Wiener sold 8,000 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $6,393,794.68. The trade was a 3.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Michael Z. Barkin sold 16,050 shares of the business’s 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 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 61,027 shares of company stock valued at $2,074,903 in the last three months. Corporate insiders own 39.73% of the company’s stock.
Institutional Investors Weigh In On CLEAR Secure
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Durable Capital Partners LP increased its position in shares of CLEAR Secure by 153.1% during the second quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company’s stock worth $207,932,000 after acquiring an additional 4,531,161 shares in the last quarter. First Trust Advisors LP increased its position in shares of 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 acquiring an additional 805,795 shares in the last quarter. Copeland Capital Management LLC increased its position in shares of CLEAR Secure by 25.2% during the second quarter. Copeland Capital Management LLC now owns 2,474,330 shares of the company’s stock worth $68,687,000 after acquiring an additional 497,871 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of CLEAR Secure by 35.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company’s stock worth $42,320,000 after acquiring an additional 430,035 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of CLEAR Secure by 10.7% during the second quarter. JPMorgan Chase & Co. now owns 1,479,594 shares of the company’s stock worth $41,074,000 after acquiring an additional 143,012 shares in the last quarter. 73.80% of the stock is 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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