Frontier Group (NASDAQ:ULCC) CAO Josh Wetzel Sells 13,500 Shares of Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) CAO Josh Wetzel sold 13,500 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $4.75, for a total value of $64,125.00. Following the transaction, the chief accounting officer owned 12,061 shares of the company’s stock, valued at approximately $57,289.75. This represents a 52.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Frontier Group Stock Performance

NASDAQ:ULCC opened at $4.88 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75. The firm’s fifty day simple moving average is $3.98 and its 200 day simple moving average is $4.49. The stock has a market cap of $1.12 billion, a P/E ratio of -3.05 and a beta of 2.41. Frontier Group Holdings, Inc. has a twelve month low of $3.02 and a twelve month high of $6.66.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings data on Tuesday, May 5th. The company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.37) by $0.07. The business had revenue of $1.07 billion during the quarter, compared to analyst estimates 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 for the quarter was up 16.8% on a year-over-year basis. During the same period in the prior year, the business earned ($0.19) EPS. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. As a group, research analysts predict that Frontier Group Holdings, Inc. will post -1.12 EPS for the current year.

Institutional Trading of Frontier Group

Institutional investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Frontier Group during the third quarter valued at $27,000. Quarry LP purchased a new stake in shares of Frontier Group during the 4th quarter valued at about $34,000. Atlas Wealth LLC purchased a new stake in shares of Frontier Group during the 1st quarter valued at about $33,000. Brooklyn Investment Group grew its stake in shares of Frontier Group by 490.7% in the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock worth $48,000 after acquiring an additional 9,078 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of Frontier Group during the third quarter valued at approximately $49,000.

Analyst Ratings Changes

Several research analysts have recently issued reports on ULCC shares. Susquehanna increased their target price on 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 upgraded Frontier Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. Barclays reaffirmed an “underweight” rating and issued a $4.00 price target (down from $6.00) on shares of Frontier Group in a research note on Monday, March 2nd. Weiss Ratings reissued a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft cut shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 target price on the stock. in a report on Tuesday, February 10th. Five equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Frontier Group presently has a consensus rating of “Reduce” and an average target price of $5.07.

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.