Harbor Capital Advisors Inc. Grows Stock Holdings in CLEAR Secure, Inc. $YOU

Key Points

• Harbor Capital Advisors Inc. significantly increased its holdings in CLEAR Secure, Inc. by 163.9% during Q2, now owning approximately 69,651 shares valued at $1.93 million.
• CLEAR Secure recently reported earnings of $0.26 per share, surpassing analysts' expectations, and generated a revenue of $219.47 million for the quarter, up by 17.6% year-over-year.
• The company declared a quarterly dividend of $0.125 per share, yielding approximately 1.4% annually, with a payout ratio of 31.25% as of its latest filing.

Harbor Capital Advisors Inc. lifted its stake in CLEAR Secure, Inc. (NYSE:YOU - Free Report) by 163.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 69,651 shares of the company's stock after purchasing an additional 43,262 shares during the quarter. Harbor Capital Advisors Inc. owned about 0.05% of CLEAR Secure worth $1,934,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of YOU. Cetera Investment Advisers boosted its holdings in shares of CLEAR Secure by 37.8% in the 4th quarter. Cetera Investment Advisers now owns 11,837 shares of the company's stock worth $315,000 after purchasing an additional 3,245 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in CLEAR Secure by 4.1% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,954 shares of the company's stock valued at $1,331,000 after acquiring an additional 1,954 shares during the period. Man Group plc purchased a new position in CLEAR Secure during the 4th quarter valued at $1,040,000. Quantinno Capital Management LP boosted its holdings in CLEAR Secure by 12.3% during the 4th quarter. Quantinno Capital Management LP now owns 32,374 shares of the company's stock valued at $862,000 after acquiring an additional 3,534 shares during the period. Finally, ProShare Advisors LLC boosted its holdings in CLEAR Secure by 44.4% during the 4th quarter. ProShare Advisors LLC now owns 26,580 shares of the company's stock valued at $708,000 after acquiring an additional 8,177 shares during the period. Hedge funds and other institutional investors own 73.80% of the company's stock.

CLEAR Secure Stock Up 2.2%

Shares of NYSE YOU traded up $0.83 during midday trading on Friday, hitting $37.90. The stock had a trading volume of 3,658,721 shares, compared to its average volume of 1,477,155. The company has a market capitalization of $5.04 billion, a PE ratio of 23.69 and a beta of 1.27. The stock has a 50 day simple moving average of $33.49 and a 200-day simple moving average of $28.52. CLEAR Secure, Inc. has a 1 year low of $21.67 and a 1 year high of $38.88.

CLEAR Secure (NYSE:YOU - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.03. The business had revenue of $219.47 million for the quarter, compared to the consensus estimate of $214.90 million. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.The business's quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.34 earnings per share. CLEAR Secure has set its Q3 2025 guidance at EPS. As a group, analysts expect that CLEAR Secure, Inc. will post 0.98 earnings per share for the current fiscal year.

CLEAR Secure Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 10th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.50 annualized dividend and a yield of 1.3%. CLEAR Secure's dividend payout ratio (DPR) is 31.25%.

Insiders Place Their Bets

In other news, Director Adam Wiener sold 6,000 shares of CLEAR Secure stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $35.00, for a total value of $210,000.00. Following the completion of the sale, the director directly owned 201,634 shares of the company's stock, valued at approximately $7,057,190. The trade was a 2.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, 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 value of $565,281.00. Following the completion of the sale, the president directly owned 12,725 shares of the company's stock, valued at $448,174.50. The trade was a 55.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 61,027 shares of company stock valued at $2,043,243 over the last quarter. 39.73% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. The Goldman Sachs Group boosted their price objective on CLEAR Secure from $33.00 to $37.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Wall Street Zen upgraded CLEAR Secure from a "hold" rating to a "buy" rating in a report on Saturday, August 30th. Stifel Nicolaus upped their target price on CLEAR Secure from $26.00 to $28.00 and gave the stock a "hold" rating in a report on Tuesday, July 29th. Zacks Research upgraded CLEAR Secure from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. Finally, Telsey Advisory Group upped their target price on CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $34.71.

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.