Frontier Developments (LON:FDEV) Insider David John Braben Sells 6,500 Shares

Frontier Developments plc (LON:FDEV) insider David John Braben sold 6,500 shares of the stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of GBX 339, for a total value of £22,035.

David John Braben also recently made the following trade(s):

• On Monday, March 23rd, David John Braben sold 9,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 352, for a total value of £31,680.
• On Friday, March 20th, David John Braben sold 7,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 375, for a total value of £28,125.
• On Thursday, March 19th, David John Braben sold 9,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 364, for a total value of £32,760.
• On Wednesday, March 18th, David John Braben sold 8,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 369, for a total value of £31,365.
• On Tuesday, March 17th, David John Braben sold 8,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 364, for a total value of £29,120.
• On Monday, March 16th, David John Braben sold 10,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 365, for a total transaction of £36,500.
• On Friday, March 13th, David John Braben sold 6,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 369, for a total transaction of £23,985.
• On Thursday, March 12th, David John Braben sold 5,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 370, for a total transaction of £18,500.
• On Wednesday, March 11th, David John Braben sold 8,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 384, for a total transaction of £30,720.
• On Tuesday, March 10th, David John Braben sold 6,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 377, for a total transaction of £24,505.

Frontier Developments Price Performance

FDEV stock opened at GBX 347.50 on Wednesday. The firm’s 50-day moving average price is GBX 424.01 and its two-hundred day moving average price is GBX 455.79. Frontier Developments plc has a 12-month low of GBX 180 and a 12-month high of GBX 588.56. The stock has a market capitalization of £125.67 million, a price-to-earnings ratio of 6.98, a PEG ratio of 2.11 and a beta of 0.03. The company has a current ratio of 2.83, a quick ratio of 2.61 and a debt-to-equity ratio of 19.71.

Frontier Developments (LON:FDEV) last issued its quarterly earnings data on Wednesday, January 14th. The company reported GBX 21.40 EPS for the quarter. Frontier Developments had a net margin of 19.43% and a return on equity of 21.13%. As a group, equities analysts predict that Frontier Developments plc will post 7.0917759 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upgraded Frontier Developments to a “buy” rating and increased their price objective for the stock from GBX 580 to GBX 605 in a report on Wednesday, January 14th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Frontier Developments presently has an average rating of “Buy” and a consensus target price of GBX 608.33.

About Frontier Developments

Frontier is a leading independent developer and publisher of video games for PC and console, creating immersive and fun gameplay, with unparalleled artistic quality.

At Frontier, we specialise in creating endless possibilities in playful, fun and creative worlds. From some of the world’s biggest licensed entertainment and sporting franchises, to intricately crafted worlds where players can explore and make their mark, our games are all underpinned by our unwavering passion for creating compelling and innovative experiences that continue to inspire and delight our players.

We have created games that have defined genres, been critically acclaimed, and reached many millions of players.