Frontier Group (NASDAQ:ULCC) VP Sells $449,625.10 in Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC – Get Free Report) VP Trevor Stedke sold 83,110 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $5.41, for a total value of $449,625.10. Following the transaction, the vice president directly owned 167,277 shares in the company, valued at approximately $904,968.57. This represents a 33.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Frontier Group Stock Performance

NASDAQ:ULCC opened at $4.72 on Thursday. The company has a market cap of $1.08 billion, a PE ratio of -2.95 and a beta of 2.41. Frontier Group Holdings, Inc. has a 52 week low of $3.02 and a 52 week high of $6.66. 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 business’s 50 day moving average is $3.87 and its two-hundred day moving average is $4.46.

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Frontier Group (NASDAQ:ULCC – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.37) by $0.07. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.04 billion. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.The business’s revenue was up 16.8% on a year-over-year basis. During the same quarter last year, the business posted ($0.19) EPS. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, analysts predict that Frontier Group Holdings, Inc. will post -1.12 EPS for the current year.

Institutional Investors Weigh In On Frontier Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in ULCC. AQR Capital Management LLC lifted 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 worth $81,000 after purchasing an additional 5,913 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Frontier Group by 33.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,013,456 shares of the company’s stock valued at $4,398,000 after acquiring an additional 251,509 shares in the last quarter. Rhumbline Advisers raised its holdings in Frontier Group by 7.1% in the 2nd quarter. Rhumbline Advisers now owns 117,984 shares of the company’s stock valued at $428,000 after acquiring an additional 7,791 shares in the last quarter. Invesco Ltd. raised its holdings in Frontier Group by 35.1% in the 2nd quarter. Invesco Ltd. now owns 108,806 shares of the company’s stock valued at $395,000 after acquiring an additional 28,256 shares in the last quarter. Finally, First Trust Advisors LP bought a new stake in shares of Frontier Group in the 2nd quarter valued at approximately $477,000.

Analyst Upgrades and Downgrades

ULCC has been the topic of several recent analyst reports. Citigroup lifted their target price on Frontier Group from $3.50 to $4.90 and gave the company a “neutral” rating in a research note on Monday, May 4th. Susquehanna lifted their target price on Frontier Group from $3.40 to $4.50 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Barclays restated an “underweight” rating and issued a $4.00 target price (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft lowered 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. Finally, UBS Group dropped their price target on Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, March 16th. Five analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $5.06.

View Our Latest Report on Frontier Group

Frontier Group Company Profile

(Get Free Report)

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.

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