CLEAR Secure (NYSE:YOU) EVP Sells $200,070.53 in Stock

CLEAR Secure, Inc. (NYSE:YOU) EVP Kyle McLaughlin sold 4,499 shares of CLEAR Secure stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $44.47, for a total value of $200,070.53. Following the sale, the executive vice president directly owned 29,519 shares in the company, valued at approximately $1,312,709.93. This trade represents a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 Down 1.1%

NYSE:YOU opened at $44.12 on Friday. The firm has a market capitalization of $5.97 billion, a PE ratio of 30.01 and a beta of 1.04. CLEAR Secure, Inc. has a 12-month low of $29.43 and a 12-month high of $69.07. The firm has a 50-day moving average price of $50.83 and a 200 day moving average price of $51.12.

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

CLEAR Secure Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.60 annualized dividend and a yield of 1.4%. CLEAR Secure’s dividend payout ratio is presently 40.82%.

Wall Street Analyst Weigh In

YOU has been the topic of several recent analyst reports. Wall Street Zen cut CLEAR Secure from a “strong-buy” rating to a “buy” rating in a report on Saturday. Weiss Ratings downgraded shares of CLEAR Secure from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, August 21st. Zacks Research lowered shares of CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. The Goldman Sachs Group set a $70.00 price target on shares of CLEAR Secure in a report on Monday, July 20th. Finally, DA Davidson lowered their price objective on shares of CLEAR Secure from $60.00 to $55.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $59.71.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of YOU. Durable Capital Partners LP increased its holdings in shares of CLEAR Secure by 153.1% during the 2nd 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 during the last quarter. California State Teachers Retirement System boosted its position in CLEAR Secure by 5,221.7% during the second quarter. California State Teachers Retirement System now owns 5,437,910 shares of the company’s stock worth $303,055,000 after purchasing an additional 5,335,727 shares during the period. State Street Corp boosted its position in CLEAR Secure by 1.8% during the fourth quarter. State Street Corp now owns 3,312,235 shares of the company’s stock worth $116,193,000 after purchasing an additional 59,067 shares during the period. Morgan Stanley increased its holdings in shares of CLEAR Secure by 6.0% in the fourth quarter. Morgan Stanley now owns 2,696,837 shares of the company’s stock valued at $94,605,000 after purchasing an additional 152,074 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of CLEAR Secure by 0.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,680,942 shares of the company’s stock valued at $129,784,000 after purchasing an additional 8,883 shares during the period. 73.80% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about 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.