Insider Selling: Frontier Group (NASDAQ:ULCC) SVP Sells $30,005.80 in Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Alexandre Clerc sold 5,060 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $5.93, for a total transaction of $30,005.80. Following the completion of the transaction, the senior vice president owned 47,698 shares of the company’s stock, valued at $282,849.14. This trade represents a 9.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Frontier Group Stock Up 1.5%

Frontier Group stock opened at $5.94 on Friday. Frontier Group Holdings, Inc. has a twelve month low of $3.02 and a twelve month high of $6.66. The company has a 50 day moving average of $4.48 and a 200-day moving average of $4.63. The stock has a market capitalization of $1.36 billion, a PE ratio of -3.71 and a beta of 2.60. 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 (NASDAQ:ULCC) last announced its earnings results on Tuesday, May 5th. The company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.37) by $0.07. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the prior year, the company posted ($0.19) earnings per share. The firm’s revenue was up 16.8% on a year-over-year basis. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, equities research analysts anticipate that Frontier Group Holdings, Inc. will post -1.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price target on the stock. in a research report on Tuesday, February 10th. Susquehanna raised their price target 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. Barclays reaffirmed an “underweight” rating and set a $4.00 price target (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. Weiss Ratings reissued a “sell (d)” rating on shares of Frontier Group in a report on Tuesday, May 19th. Finally, UBS Group decreased their target price on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, March 16th. Five analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $5.07.

Institutional Investors Weigh In On Frontier Group

A number of hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC raised its holdings in Frontier Group by 4.5% in the 4th quarter. SG Americas Securities LLC now owns 115,962 shares of the company’s stock valued at $546,000 after buying an additional 4,995 shares during the last quarter. Straightline Group LLC raised its holdings in Frontier Group by 9.5% in the 4th quarter. Straightline Group LLC now owns 60,586 shares of the company’s stock valued at $285,000 after buying an additional 5,232 shares during the last quarter. AQR Capital Management LLC raised its holdings in Frontier Group by 46.0% in the 1st quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock valued at $81,000 after buying an additional 5,913 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Frontier Group in the 3rd quarter valued at approximately $27,000. Finally, Victory Capital Management Inc. raised its holdings in Frontier Group by 9.5% in the 3rd quarter. Victory Capital Management Inc. now owns 70,382 shares of the company’s stock valued at $311,000 after buying an additional 6,108 shares during the last quarter.

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.