CLEAR Secure (NYSE:YOU) Stock Price Up 8% After Earnings Beat

CLEAR Secure, Inc. (NYSE:YOU)’s stock price traded up 8% during mid-day trading on Friday following a better than expected earnings announcement. The company traded as high as $33.34 and last traded at $34.5740. 85,015 shares changed hands during trading, a decline of 95% from the average session volume of 1,857,762 shares. The stock had previously closed at $32.02.

The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.27 by $0.02. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.The company had revenue of $229.19 million during the quarter, compared to analyst estimates of $224.80 million. During the same period in the prior year, the company earned $0.30 earnings per share. The business’s revenue was up 15.5% compared to the same quarter last year. CLEAR Secure has set its Q4 2025 guidance at EPS.

CLEAR Secure Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 10th will be paid a $0.125 dividend. The ex-dividend date is Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a yield of 1.4%. CLEAR Secure’s payout ratio is 31.25%.

Analysts Set New Price Targets

Several analysts have commented on YOU shares. The Goldman Sachs Group reissued a “buy” rating and issued a $41.00 target price on shares of CLEAR Secure in a research report on Thursday. Weiss Ratings restated a “hold (c+)” rating on shares of CLEAR Secure in a research note on Wednesday, October 8th. Zacks Research cut shares of CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. DA Davidson began coverage on shares of CLEAR Secure in a report on Tuesday, September 16th. They issued a “buy” rating and a $45.00 price target for the company. Finally, Stifel Nicolaus set a $38.00 price objective on CLEAR Secure in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $38.67.

Insider Transactions at CLEAR Secure

In other CLEAR Secure news, President Michael Z. Barkin sold 16,050 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $35.22, for a total transaction of $565,281.00. Following the completion of the transaction, the president owned 12,725 shares of the company’s stock, valued at $448,174.50. This represents a 55.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Dennis W. Liu sold 2,027 shares of CLEAR Secure stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $36.00, for a total transaction of $72,972.00. Following the completion of the sale, the chief accounting officer owned 11,896 shares in the company, valued at $428,256. This trade represents a 14.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 36,027 shares of company stock valued at $1,250,703 over the last 90 days. 39.73% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of YOU. Durable Capital Partners LP lifted its position in shares of CLEAR Secure by 153.1% in the second quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company’s stock valued at $207,932,000 after buying an additional 4,531,161 shares during the last quarter. Nuveen LLC acquired a new position in shares of CLEAR Secure in the first quarter valued at $30,862,000. Squarepoint Ops LLC raised its position in shares of 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 purchasing an additional 909,152 shares during the period. First Trust Advisors LP raised its position in shares of 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 purchasing an additional 805,795 shares during the period. Finally, Empowered Funds LLC acquired a new stake in shares of CLEAR Secure during the 2nd quarter worth about $17,363,000. 73.80% of the stock is currently owned by institutional investors.

CLEAR Secure Stock Performance

The firm has a market cap of $4.63 billion, a P/E ratio of 21.89 and a beta of 1.23. The firm’s fifty day moving average is $33.71 and its 200 day moving average is $30.02.

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.