Kyle Mclaughlin Sells 4,499 Shares of CLEAR Secure (NYSE:YOU) Stock

CLEAR Secure, Inc. (NYSE:YOU) EVP Kyle McLaughlin sold 4,499 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $44.47, for a total value of $200,070.53. Following the completion of the sale, the executive vice president directly owned 29,519 shares of the company’s stock, valued at approximately $1,312,709.93. The trade was a 13.23% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

CLEAR Secure Stock Performance

Shares of YOU opened at $44.12 on Friday. The firm has a market cap of $5.97 billion, a PE ratio of 30.01 and a beta of 1.04. The firm’s 50 day moving average price is $50.83 and its 200 day moving average price is $51.12. CLEAR Secure, Inc. has a twelve month low of $29.43 and a twelve month high of $69.07.

CLEAR Secure (NYSE:YOU) last posted its earnings results on Wednesday, August 5th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.40 by $0.09. CLEAR Secure had a net margin of 14.78% and a return on equity of 71.51%. The company had revenue of $277.76 million during the quarter, compared to the consensus estimate of $269.71 million. During the same period in the previous year, the firm posted $0.26 earnings per share. The company’s revenue for the quarter was up 26.6% compared to the same quarter last year. On average, sell-side analysts anticipate that CLEAR Secure, Inc. will post 1.88 earnings per share for the current fiscal year.

CLEAR Secure Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be issued a $0.15 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.60 dividend on an annualized basis and a yield of 1.4%. CLEAR Secure’s dividend payout ratio is currently 40.82%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in YOU. Geneos Wealth Management Inc. grew 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 worth $25,000 after buying an additional 748 shares in the last quarter. Advisors Asset Management Inc. acquired a new position in CLEAR Secure in the 1st quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd lifted its position in shares of CLEAR Secure by 249.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 867 shares of the company’s stock worth $30,000 after acquiring an additional 619 shares during the period. Parallel Advisors LLC lifted its position in shares of CLEAR Secure by 2,283.3% in the 1st quarter. Parallel Advisors LLC now owns 715 shares of the company’s stock worth $35,000 after acquiring an additional 685 shares during the period. Finally, Allworth Financial LP grew its holdings in shares of CLEAR Secure by 118.8% during the 4th quarter. Allworth Financial LP now owns 1,022 shares of the company’s stock worth $36,000 after purchasing an additional 555 shares in the last quarter. Institutional investors and hedge funds own 73.80% of the company’s stock.

Wall Street Analyst Weigh In

YOU has been the topic of several recent research reports. Wall Street Zen lowered CLEAR Secure from a “strong-buy” rating to a “buy” rating in a report on Saturday. Weiss Ratings downgraded CLEAR Secure from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. JPMorgan Chase & Co. assumed coverage on shares of CLEAR Secure in a research report on Monday, August 24th. They set an “overweight” rating and a $55.00 target price for the company. DA Davidson dropped their price objective on CLEAR Secure from $60.00 to $55.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th. Finally, The Goldman Sachs Group set a $70.00 price target on CLEAR Secure in a research report on Monday, July 20th. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $59.71.

Key Headlines Impacting CLEAR Secure

Here are the key news stories impacting CLEAR Secure this week:

• Positive Sentiment: CLEAR Secure recently announced a quarterly dividend of $0.15 per share, equivalent to $0.60 annually and a yield of approximately 1.3%. The dividend may provide some support for income-focused investors. CLEAR Secure dividend and insider trading report
• Positive Sentiment: Institutional ownership remains high at 73.8%, while several funds increased their positions during the second quarter. California State Teachers’ Retirement System reported a particularly significant increase, adding more than 5.3 million shares.
• Positive Sentiment: The company’s latest quarterly results were stronger than expected: earnings per share reached $0.49 versus a $0.40 consensus estimate, while revenue rose 26.6% year over year to $277.76 million, above expectations.
• Neutral Sentiment: Analyst sentiment is mixed but currently averages a “Hold” rating. Five analysts rate the stock Buy, three rate it Hold and one rates it Sell. The consensus price target is $59.71, above recent trading levels, although DA Davidson recently lowered its target to $55 and retained a Neutral rating. CLEAR Secure analyst consensus report
• Negative Sentiment: Multiple executives sold shares totaling roughly $1.21 million. President Michael Barkin sold 11,444 shares, reducing his position by nearly 50%; EVP Kyle McLaughlin sold 4,499 shares; CAO Dennis Liu sold 2,104 shares; and another vice president sold 9,192 shares, or 31% of that executive’s prior stake. The Liu, McLaughlin and Barkin transactions were conducted under pre-arranged Rule 10b5-1 plans, with Liu’s sale specifically covering tax obligations, which makes the sales less concerning than discretionary selling but still creates short-term supply and sentiment pressure. CLEAR Secure executive share sales

About CLEAR Secure

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.