Frontier Group (NASDAQ:ULCC) SVP Sells $60,000.00 in Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCCGet Free Report) SVP Steve Schuller sold 10,000 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $6.00, for a total transaction of $60,000.00. Following the transaction, the senior vice president owned 97,175 shares of the company’s stock, valued at approximately $583,050. The trade was a 9.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Frontier Group Stock Up 9.8%

Shares of Frontier Group stock opened at $6.07 on Friday. The company has a market cap of $1.39 billion, a P/E ratio of -3.79 and a beta of 2.60. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.44 and a current ratio of 0.49. Frontier Group Holdings, Inc. has a one year low of $3.02 and a one year high of $6.66. The firm has a fifty day moving average of $4.68 and a two-hundred day moving average of $4.70.

Frontier Group (NASDAQ:ULCCGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.30) EPS for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.07. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.04 billion. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. Frontier Group’s quarterly revenue was up 16.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.19) EPS. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, analysts forecast that Frontier Group Holdings, Inc. will post -1.12 earnings per share for the current year.

Hedge Funds Weigh In On Frontier Group

Hedge funds have recently added to or reduced their stakes in the business. Citigroup Inc. increased its holdings in Frontier Group by 14.1% during the 3rd quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock valued at $12,472,000 after acquiring an additional 348,739 shares in the last quarter. Quantbot Technologies LP increased its holdings in Frontier Group by 660.9% during the 3rd quarter. Quantbot Technologies LP now owns 448,662 shares of the company’s stock valued at $1,981,000 after acquiring an additional 389,696 shares in the last quarter. Wolf Hill Capital Management LP purchased a new position in Frontier Group during the 3rd quarter valued at about $2,519,000. GSA Capital Partners LLP increased its holdings in Frontier Group by 2,044.4% during the 4th quarter. GSA Capital Partners LLP now owns 318,159 shares of the company’s stock valued at $1,499,000 after acquiring an additional 303,322 shares in the last quarter. Finally, Capstone Capital Management Ltd purchased a new position in Frontier Group during the 4th quarter valued at about $269,000.

Analyst Ratings Changes

ULCC has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Frontier Group in a report on Tuesday, May 19th. Wall Street Zen upgraded shares of Frontier Group from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. UBS Group cut their price target on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, March 16th. Barclays restated an “underweight” rating and set a $4.00 target price (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Finally, Susquehanna raised their target price on shares of Frontier Group from $3.40 to $4.50 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Five analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Frontier Group has an average rating of “Reduce” and a consensus target price of $5.07.

Check Out Our Latest Stock Analysis on Frontier Group

Frontier Group Company Profile

(Get Free Report)

Frontier Group, trading on Nasdaq under the ticker ULCC, is the holding company for Frontier Airlines, an ultra-low-cost carrier based in Denver, Colorado. The company’s core business centers on providing no-frills air travel across a point-to-point network while generating ancillary revenue from add-on services such as baggage fees, seat selection, priority boarding and in-flight refreshments. This fare-plus-a-la-carte model allows Frontier to offer competitive base fares and maintain low operating costs.

Founded in February 1994 by industry veterans Andrew Levy and Russell Beardsmore, Frontier Airlines commenced operations with a small fleet of MD-80 aircraft.

Further Reading

Insider Buying and Selling by Quarter for Frontier Group (NASDAQ:ULCC)

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