CLEAR Secure (NYSE:YOU) Shares Gap Up on Better-Than-Expected Earnings

CLEAR Secure, Inc. (NYSE:YOU)’s share price gapped up prior to trading on Thursday after the company announced better than expected quarterly earnings. The stock had previously closed at $31.79, but opened at $36.61. CLEAR Secure shares last traded at $33.0010, with a volume of 315,579 shares trading hands.

The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. The company had revenue of $229.19 million during the quarter, compared to the consensus estimate of $224.80 million. During the same quarter in the previous year, the firm earned $0.30 earnings per share. The firm’s quarterly revenue was up 15.5% on a year-over-year basis. CLEAR Secure has set its Q4 2025 guidance at EPS.

Analysts Set New Price Targets

Several brokerages have commented on YOU. DA Davidson began coverage on shares of CLEAR Secure in a research report on Tuesday, September 16th. They set a “buy” rating and a $45.00 target price on the stock. Zacks Research lowered shares of CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Wells Fargo & Company boosted their target price 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. Weiss Ratings restated a “hold (c+)” rating on shares of CLEAR Secure in a research report on Wednesday, October 8th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $37.00 target price on shares of CLEAR Secure in a research report on Friday, October 31st. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $34.71.

Insider Buying and Selling

In other CLEAR Secure news, Director Adam Wiener sold 8,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 193,634 shares in the company, valued at $6,393,794.68. This represents a 3.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Michael Z. Barkin sold 16,050 shares of the stock in a transaction that occurred 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 transaction, the president owned 12,725 shares of the company’s stock, valued at approximately $448,174.50. This trade represents a 55.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 36,027 shares of company stock valued at $1,250,703. 39.73% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CLEAR Secure

Several large investors have recently added to or reduced their stakes in YOU. Durable Capital Partners LP lifted its stake in 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 purchasing an additional 4,531,161 shares during the last quarter. Nuveen LLC bought a new stake in CLEAR Secure in the first quarter valued at $30,862,000. Squarepoint Ops LLC lifted its stake 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 during the last quarter. First Trust Advisors LP lifted its stake in CLEAR Secure by 36.3% in the second quarter. First Trust Advisors LP now owns 3,027,758 shares of the company’s stock valued at $84,051,000 after buying an additional 805,795 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in CLEAR Secure in the second quarter valued at $17,363,000. 73.80% of the stock is currently owned by institutional investors.

CLEAR Secure Stock Up 1.3%

The company has a market capitalization of $4.28 billion, a P/E ratio of 20.16 and a beta of 1.23. The business has a 50 day simple moving average of $33.81 and a 200-day simple moving average of $30.01.

CLEAR Secure Company Profile

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.