Frontier Group (NASDAQ:ULCC) SVP Alexandre Clerc Sells 7,142 Shares of Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Alexandre Clerc sold 7,142 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $7.13, for a total transaction of $50,922.46. Following the sale, the senior vice president directly owned 40,556 shares in the company, valued at $289,164.28. This trade represents a 14.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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

• On Tuesday, August 4th, Alexandre Clerc sold 3,068 shares of Frontier Group stock. The stock was sold at an average price of $8.17, for a total value of $25,065.56.
• On Tuesday, June 2nd, Alexandre Clerc sold 5,060 shares of Frontier Group stock. The stock was sold at an average price of $5.93, for a total value of $30,005.80.

Frontier Group Stock Up 3.9%

Shares of NASDAQ:ULCC opened at $7.99 on Wednesday. Frontier Group Holdings, Inc. has a 1 year low of $3.02 and a 1 year high of $8.40. 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’s 50-day moving average is $6.69 and its 200-day moving average is $5.23. The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of -4.76 and a beta of 2.59.

Frontier Group (NASDAQ:ULCC) last released its earnings results on Wednesday, July 29th. The company reported ($0.10) EPS for the quarter, topping 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 business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the firm posted ($0.31) earnings per share. The firm’s revenue was up 37.7% on a year-over-year basis. 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 predict that Frontier Group Holdings, Inc. will post -0.31 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Lazard Asset Management LLC bought a new position in Frontier Group in the first quarter worth approximately $1,651,000. First Trust Advisors LP increased its holdings in shares of Frontier Group by 65.7% during the first quarter. First Trust Advisors LP now owns 1,179,019 shares of the company’s stock valued at $4,162,000 after acquiring an additional 467,638 shares in the last quarter. Atlas Wealth LLC bought a new stake in shares of Frontier Group during the first quarter valued at approximately $33,000. U S Global Investors Inc. raised its position 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. Finally, Hsbc Holdings PLC acquired a new position in shares of Frontier Group during the first quarter worth approximately $368,000.

Analysts Set New Price Targets

A number of research firms have issued reports on ULCC. Barclays increased their price target on Frontier Group from $4.00 to $7.00 and gave the stock an “underweight” rating in a report on Thursday, June 25th. UBS Group lifted 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. Weiss Ratings downgraded shares of Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, July 30th. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Finally, Zacks Research upgraded shares of Frontier Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $6.86.

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.