Insider Selling: Frontier Group (NASDAQ:ULCC) VP Sells 83,110 Shares of Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) VP Trevor Stedke sold 83,110 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $5.41, for a total transaction of $449,625.10. Following the completion of the sale, the vice president directly owned 167,277 shares in the company, valued at $904,968.57. This represents a 33.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Frontier Group Stock Down 4.9%

Shares of NASDAQ:ULCC traded down $0.26 during midday trading on Monday, reaching $5.03. The company’s stock had a trading volume of 4,081,126 shares, compared to its average volume of 4,935,822. The firm has a 50 day moving average of $3.83 and a 200-day moving average of $4.45. The firm has a market capitalization of $1.16 billion, a P/E ratio of -3.14 and a beta of 2.41. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75. Frontier Group Holdings, Inc. has a 12-month low of $3.02 and a 12-month high of $6.66.

Frontier Group (NASDAQ:ULCC) last released its earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.07. The firm had revenue of $1.07 billion for 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%. The company’s revenue was up 16.8% compared to the same quarter last year. During the same period 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, research analysts anticipate that Frontier Group Holdings, Inc. will post -1.22 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ULCC shares. Susquehanna upped their target price on shares of Frontier Group from $3.40 to $4.50 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Wall Street Zen raised shares of Frontier Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. UBS Group cut their price objective on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, March 16th. Citigroup increased their price objective on shares of Frontier Group from $3.50 to $4.90 and gave the company a “neutral” rating in a research report on Monday, May 4th. Finally, Barclays reissued an “underweight” rating and set a $4.00 price objective (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. Five research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Frontier Group currently has a consensus rating of “Reduce” and an average target price of $5.06.

Institutional Trading of Frontier Group

Several institutional investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new position in Frontier Group during the 3rd quarter valued at about $27,000. Atlas Wealth LLC bought a new position in Frontier Group during the 1st quarter valued at about $33,000. Quarry LP bought a new position in Frontier Group during the 4th quarter valued at about $34,000. Brooklyn Investment Group lifted its stake in Frontier Group by 490.7% during the 3rd quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock valued at $48,000 after acquiring an additional 9,078 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Frontier Group during the 3rd quarter valued at about $49,000.

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.