Insider Selling: Frontier Group (NASDAQ:ULCC) SVP Sells 3,068 Shares of Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Alexandre Clerc sold 3,068 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $8.17, for a total transaction of $25,065.56. Following the completion of the transaction, the senior vice president directly owned 37,488 shares in the company, valued at approximately $306,276.96. This represents a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Alexandre Clerc also recently made the following trade(s):

• On Friday, July 31st, Alexandre Clerc sold 7,142 shares of Frontier Group stock. The stock was sold at an average price of $7.13, for a total transaction of $50,922.46.
• On Tuesday, June 2nd, Alexandre Clerc sold 5,060 shares of Frontier Group stock. The shares were sold at an average price of $5.93, for a total transaction of $30,005.80.

Frontier Group Price Performance

ULCC traded up $0.30 during trading on Tuesday, hitting $7.99. 5,337,541 shares of the stock traded hands, compared to its average volume of 4,742,843. Frontier Group Holdings, Inc. has a twelve month low of $3.02 and a twelve month high of $8.40. The company has a market cap of $1.84 billion, a price-to-earnings ratio of -4.76 and a beta of 2.59. The company has a debt-to-equity ratio of 2.77, a current ratio of 0.58 and a quick ratio of 0.54. The business has a 50 day moving average price of $6.63 and a 200 day moving average price of $5.21.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.47) by $0.37. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the company posted ($0.31) EPS. The company’s revenue for the quarter was up 37.7% compared to the same quarter last year. Frontier Group has set its Q4 2026 guidance at 0.000-0.200 EPS and its Q3 2026 guidance at -0.100-0.100 EPS. Equities research analysts forecast that Frontier Group Holdings, Inc. will post -0.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have commented on ULCC shares. Susquehanna boosted their target price on Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Wall Street Zen upgraded shares of Frontier Group from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Barclays lifted their price target on shares of Frontier Group from $4.00 to $7.00 and gave the company an “underweight” rating in a report on Thursday, June 25th. Zacks Research upgraded shares of Frontier Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Finally, UBS Group increased their price objective on shares of Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Frontier Group presently has a consensus rating of “Reduce” and an average target price of $6.86.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ULCC. U S Global Investors Inc. lifted its holdings in shares of Frontier Group by 63.9% during the first quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after purchasing an additional 2,643,448 shares during the period. Balyasny Asset Management L.P. acquired a new stake in Frontier Group in the second quarter valued at $5,387,000. Mountaineer Partners Management LLC acquired a new stake in Frontier Group in the fourth quarter valued at $4,490,000. Bank of America Corp DE raised its position in Frontier Group by 39.2% during the 3rd quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock worth $13,366,000 after purchasing an additional 852,798 shares during the last quarter. Finally, HRT Financial LP lifted its holdings in Frontier Group by 932.1% during the 4th quarter. HRT Financial LP now owns 817,425 shares of the company’s stock worth $3,850,000 after buying an additional 738,228 shares during the period.

About Frontier Group

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.