Insider Selling: Frontier Group (NASDAQ:ULCC) SVP Sells 3,480 Shares of Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Alexandre Clerc sold 3,480 shares of the business’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $5.71, for a total value of $19,870.80. Following the transaction, the senior vice president owned 34,008 shares in the company, valued at approximately $194,185.68. This represents a 9.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Tuesday, August 4th, Alexandre Clerc sold 3,068 shares of Frontier Group stock. The shares were sold at an average price of $8.17, for a total transaction of $25,065.56.
• On Friday, July 31st, Alexandre Clerc sold 7,142 shares of Frontier Group stock. The shares were sold at an average price of $7.13, for a total value of $50,922.46.

Frontier Group Stock Down 1.4%

ULCC stock traded down $0.08 during midday trading on Wednesday, hitting $5.65. The stock had a trading volume of 2,698,423 shares, compared to its average volume of 4,418,880. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of -3.36 and a beta of 2.57. The business has a 50-day moving average of $6.54 and a two-hundred day moving average of $5.39. Frontier Group Holdings, Inc. has a 52-week low of $3.02 and a 52-week 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.

Frontier Group (NASDAQ:ULCC) last announced its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) EPS for the quarter, beating 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 analyst estimates of $1.22 billion. During the same quarter last year, the firm posted ($0.31) earnings per share. The company’s revenue for the quarter 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. As a group, equities research analysts forecast that Frontier Group Holdings, Inc. will post -0.34 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ULCC. UBS Group lifted their price target on shares of Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research report on Tuesday, June 23rd. Barclays upped their price objective on shares of Frontier Group from $4.00 to $7.00 and gave the stock an “underweight” rating in a report on Thursday, June 25th. Susquehanna lifted their target price on shares of Frontier Group from $4.50 to $7.00 and gave the company a “neutral” rating in a report on Tuesday, July 7th. Citigroup boosted their price target on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Finally, Wall Street Zen upgraded Frontier Group from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Six 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 currently has a consensus rating of “Reduce” and a consensus target price of $6.86.

Institutional Investors Weigh In On Frontier Group

Institutional investors and hedge funds have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Frontier Group by 3.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 92,787 shares of the company’s stock worth $734,000 after acquiring an additional 3,461 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Frontier Group during the 2nd quarter valued at $28,000. Straightline Group LLC boosted its stake in Frontier Group by 9.5% during the 4th quarter. Straightline Group LLC now owns 60,586 shares of the company’s stock valued at $285,000 after purchasing an additional 5,232 shares during the last quarter. Allworth Financial LP bought a new stake in shares of Frontier Group in the 2nd quarter worth $43,000. Finally, Legal & General Group Plc bought a new stake in shares of Frontier Group in the 2nd quarter worth $46,000.

Frontier Group Company Profile

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.