CLEAR Secure (NYSE:YOU) Cut to Hold at Wall Street Zen

CLEAR Secure (NYSE:YOU) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Monday.

Several other equities analysts also recently issued reports on the company. Telsey Advisory Group lifted their price objective on CLEAR Secure from $37.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday. The Goldman Sachs Group raised their target price on CLEAR Secure from $37.00 to $41.00 and gave the company a “buy” rating in a research note on Thursday. DA Davidson assumed coverage on shares of CLEAR Secure in a research report on Tuesday, September 16th. They set a “buy” rating and a $45.00 price target on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of CLEAR Secure in a report on Wednesday, October 8th. Finally, Zacks Research downgraded shares of CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, CLEAR Secure presently has an average rating of “Hold” and an average target price of $39.33.

CLEAR Secure Trading Up 12.6%

Shares of CLEAR Secure stock opened at $36.07 on Monday. The stock has a market capitalization of $4.79 billion, a price-to-earnings ratio of 21.99 and a beta of 1.23. CLEAR Secure has a 1-year low of $21.67 and a 1-year high of $39.00. The firm’s 50-day moving average price is $33.71 and its two-hundred day moving average price is $30.16.

CLEAR Secure (NYSE:YOU) last posted its earnings results on Thursday, November 6th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. The company had revenue of $229.19 million during the quarter, compared to analysts’ expectations of $224.80 million. CLEAR Secure had a net margin of 20.97% and a return on equity of 119.82%. CLEAR Secure’s quarterly revenue was up 15.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 earnings per share. CLEAR Secure has set its Q4 2025 guidance at EPS. As a group, equities research analysts predict that CLEAR Secure will post 0.98 EPS for the current year.

Insider Buying and Selling

In other CLEAR Secure news, President Michael Z. Barkin sold 16,050 shares of CLEAR Secure stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $35.22, for a total transaction of $565,281.00. Following the completion of the sale, the president owned 12,725 shares of the company’s stock, valued at approximately $448,174.50. The trade was a 55.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Dennis W. Liu sold 2,027 shares of the company’s stock in a transaction 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 sale, the chief accounting officer owned 11,896 shares of the company’s stock, valued at $428,256. The trade was a 14.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 36,027 shares of company stock valued at $1,250,703 over the last ninety days. Insiders own 39.73% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in YOU. New York State Common Retirement Fund boosted its holdings in shares of CLEAR Secure by 6.3% in the first quarter. New York State Common Retirement Fund now owns 28,913 shares of the company’s stock valued at $749,000 after buying an additional 1,712 shares during the period. Jump Financial LLC lifted its position in CLEAR Secure by 110.0% in the 1st quarter. Jump Financial LLC now owns 132,199 shares of the company’s stock valued at $3,425,000 after acquiring an additional 69,259 shares in the last quarter. Victory Capital Management Inc. boosted its stake in CLEAR Secure by 3.8% in the 1st quarter. Victory Capital Management Inc. now owns 766,503 shares of the company’s stock worth $19,860,000 after purchasing an additional 28,110 shares during the period. Arkadios Wealth Advisors boosted its stake in CLEAR Secure by 189.6% in the 1st quarter. Arkadios Wealth Advisors now owns 39,794 shares of the company’s stock worth $1,031,000 after purchasing an additional 26,052 shares during the period. Finally, Harbor Capital Advisors Inc. increased its holdings in CLEAR Secure by 163.9% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 69,651 shares of the company’s stock worth $1,934,000 after purchasing an additional 43,262 shares in the last quarter. 73.80% of the stock is currently owned by institutional investors.

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.