Insider Selling: Frontier Group (NASDAQ:ULCC) SVP Sells $19,870.80 in Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Alexandre Clerc sold 3,480 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $5.71, for a total value of $19,870.80. Following the completion of the sale, the senior vice president owned 34,008 shares of the company’s stock, valued at approximately $194,185.68. This represents a 9.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Tuesday, August 4th, Alexandre Clerc sold 3,068 shares of Frontier Group stock. The shares were sold at an average price of $8.17, for a total value of $25,065.56.
• 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.

Frontier Group Stock Performance

Shares of Frontier Group stock opened at $5.62 on Friday. The firm’s fifty day simple moving average is $6.41 and its 200-day simple moving average is $5.40. Frontier Group Holdings, Inc. has a 12 month low of $3.02 and a 12 month high of $8.40. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of -3.35 and a beta of 2.57. The company has a debt-to-equity ratio of 2.77, a current ratio of 0.58 and a quick ratio of 0.54.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.47) by $0.37. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 35.54%. Frontier Group’s quarterly revenue was up 37.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.31) EPS. 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. As a group, equities analysts forecast that Frontier Group Holdings, Inc. will post -0.34 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ULCC. BlackRock Inc. acquired a new stake in shares of Frontier Group in the 2nd quarter valued at approximately $47,205,000. U S Global Investors Inc. grew its holdings in 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 acquiring an additional 2,643,448 shares during the period. Silver Point Capital L.P. purchased a new position in Frontier Group in the second quarter worth $12,141,850. Balyasny Asset Management L.P. purchased a new position in Frontier Group in the second quarter worth $5,387,000. Finally, Mountaineer Partners Management LLC purchased a new position in Frontier Group in the fourth quarter worth $4,490,000.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. UBS Group raised their price target on Frontier Group from $4.00 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, June 23rd. Citigroup upped their price objective on Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Zacks Research cut Frontier Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 27th. Barclays lowered their target price on Frontier Group from $7.00 to $5.00 and set an “underweight” rating on the stock in a research note on Friday. Finally, Susquehanna upped their price target on Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Six research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $6.57.

Frontier Group Company Profile

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.