Insider Selling: Frontier Group (NASDAQ:ULCC) CAO Sells $16,000.00 in Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCCGet Free Report) CAO Josh Wetzel sold 2,000 shares of Frontier Group stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $8.00, for a total value of $16,000.00. Following the completion of the sale, the chief accounting officer directly owned 10,061 shares in the company, valued at $80,488. This represents a 16.58% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Frontier Group Price Performance

Shares of NASDAQ ULCC traded down $0.37 during trading on Thursday, hitting $7.58. 3,339,390 shares of the company were exchanged, compared to its average volume of 4,728,884. 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 Holdings, Inc. has a 1 year low of $3.02 and a 1 year high of $8.40. The company has a market cap of $1.75 billion, a price-to-earnings ratio of -4.51 and a beta of 2.59. The firm’s fifty day moving average price is $6.73 and its 200 day moving average price is $5.25.

Frontier Group (NASDAQ:ULCCGet Free Report) 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. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 35.54%. The business’s revenue for the quarter was up 37.7% compared to the same quarter last year. During the same quarter last year, the business earned ($0.31) earnings per share. 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. On average, sell-side analysts expect that Frontier Group Holdings, Inc. will post -0.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have commented on ULCC. Citigroup boosted their target price on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Weiss Ratings cut shares of Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, July 30th. UBS Group upped their price objective on shares of Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday, June 23rd. Susquehanna raised their target price on shares of Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. Finally, Zacks Research upgraded shares of Frontier Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $6.86.

Read Our Latest Report on Frontier Group

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd bought a new position in shares of Frontier Group during the third quarter worth about $27,000. Atlas Wealth LLC bought a new position in Frontier Group in the 1st quarter worth about $33,000. Quarry LP bought a new position in Frontier Group in the 4th quarter worth about $34,000. Brooklyn Investment Group increased 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 valued at $48,000 after purchasing an additional 9,078 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Frontier Group in the first quarter valued at approximately $60,000.

About Frontier Group

(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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Insider Buying and Selling by Quarter for Frontier Group (NASDAQ:ULCC)

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