Clear Secure director Wiener sells $150k in stock

Published 18/07/2025, 22:14
Clear Secure director Wiener sells $150k in stock

Director Adam Wiener of Clear Secure, Inc. (NASDAQ:YOU) sold 5,000 shares of Class A Common Stock on July 17, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $30.0, for a total transaction value of $150,000. The transaction comes as Clear Secure’s stock has gained nearly 62% over the past year, with the company showing strong financial health according to InvestingPro analysis. Despite this insider sale, InvestingPro data indicates that management has been actively buying back shares.

Following the transaction, Wiener directly owns 207,634 shares of Clear Secure, Inc.

The sale was automatically executed under a Rule 10b5-1 trading plan adopted on December 16, 2024.

In other recent news, Clear Secure reported that Telsey Advisory Group has adjusted its 12-month price target for the company from $42 to $32, while maintaining an Outperform rating. This revision is attributed to changes in the macroeconomic environment affecting consumer spending and travel habits. Despite the lowered price target, Telsey remains optimistic about Clear Secure’s growth potential, particularly with its expansion into healthcare and financial services. Additionally, Clear Secure has launched a new premium service called CLEAR Concierge to expedite airport travel for its CLEAR+ members, available at select U.S. airports.

The company has also entered into a partnership with Greenhouse to integrate its identity verification technology into Greenhouse’s Real Talent solution, aiming to combat fraudulent job applications. This integration is expected to streamline the verification process for candidates and reduce exposure to data leaks. Meanwhile, Spruce Point has issued a short report on Clear Secure, raising concerns about its value proposition, gross margins, and financial disclosures. The report suggests that Clear Secure may be overvalued and highlights potential risks such as governance issues and weakening partnerships.

Spruce Point’s analysis estimates Clear Secure’s gross margin at 61.5%, lower than the company’s reported 85.8%. The report also points to potential downside risks for the company’s share price due to these concerns. Clear Secure has over 31 million members and continues to expand its services and partnerships despite these challenges.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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