Frontier Group (NASDAQ:ULCC) SVP Steve Schuller Sells 10,000 Shares of Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Steve Schuller sold 10,000 shares of the business’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $6.00, for a total transaction of $60,000.00. Following the transaction, the senior vice president directly owned 97,175 shares in the company, valued at approximately $583,050. The trade was a 9.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Frontier Group Stock Up 6.0%

Shares of NASDAQ ULCC opened at $6.35 on Wednesday. Frontier Group Holdings, Inc. has a 1 year low of $3.02 and a 1 year high of $6.66. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of -3.97 and a beta of 2.60. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.44 and a current ratio of 0.49. The stock’s 50-day simple moving average is $4.59 and its 200-day simple moving average is $4.67.

Frontier Group (NASDAQ:ULCC) last announced its earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.07. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same period in the previous year, the company earned ($0.19) earnings per share. The company’s revenue for the quarter was up 16.8% compared to the same quarter last year. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. As a group, equities analysts anticipate that Frontier Group Holdings, Inc. will post -1.12 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday, May 19th. Susquehanna upped their price target on shares of Frontier Group from $3.40 to $4.50 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft cut shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price target on the stock. in a report on Tuesday, February 10th. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. Finally, UBS Group cut their price target 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 research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $5.07.

Institutional Trading of Frontier Group

Institutional investors have recently added to or reduced their stakes in the stock. Citigroup Inc. raised its holdings in Frontier Group by 14.1% in the third quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock valued at $12,472,000 after acquiring an additional 348,739 shares in the last quarter. Quantbot Technologies LP raised its holdings in shares of Frontier Group by 660.9% during the third quarter. Quantbot Technologies LP now owns 448,662 shares of the company’s stock worth $1,981,000 after purchasing an additional 389,696 shares during the period. Wolf Hill Capital Management LP acquired a new stake in shares of Frontier Group during the third quarter worth $2,519,000. GSA Capital Partners LLP raised its holdings in shares of Frontier Group by 2,044.4% during the fourth quarter. GSA Capital Partners LLP now owns 318,159 shares of the company’s stock worth $1,499,000 after purchasing an additional 303,322 shares during the period. Finally, AXQ Capital LP acquired a new stake in shares of Frontier Group during the third quarter worth $68,000.

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.