Clear Secure president Barkin sells $514,980 in YOU shares
On September 3, 2026, Michael Z. Barkin, the president and director of Clear Secure Inc., sold 11,444 shares of the company's Class A Common Stock. The transaction was executed under a pre-established Rule 10b5-1 trading plan adopted by Mr. Barkin on February 27, 2026. The sale yielded approximately $514,980, with each share trading at $45.0, close to the current stock price of $44.59.
Despite a 7% decline over the last six months, Clear Secure's shares have surged by 28% year-to-date. InvestingPro analysts view the company as undervalued, projecting upside potential through its Fair Value analysis. Clear Secure maintains a solid financial health score of 3.42 out of 5. The transaction resulted in Mr. Barkin owning a total of 11,550 shares of the company's Class A Common Stock.
Recently, Clear Secure reported robust second-quarter results for fiscal 2026, beating analyst projections with adjusted earnings of $0.49 per share and revenue of $277.8 million. The company's adjusted EBITDA margin reached 36.4%, meeting its target of 35%. Notably, free cash flow surged by 60% to a quarterly record of $189 million.
JPMorgan initiated coverage of Clear Secure with an overweight rating and a price target of $55.00, citing the company's identity platform and growth prospects in the travel and enterprise sectors.
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