Frontier Group Holdings, Inc. (NASDAQ:ULCC – Get Free Report) CFO Mark Christopher Mitchell sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $8.09, for a total value of $1,011,250.00. Following the completion of the sale, the chief financial officer directly owned 53,785 shares of the company’s stock, valued at $435,120.65. This trade represents a 69.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Frontier Group Price Performance
Shares of NASDAQ:ULCC opened at $7.38 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.58 and a debt-to-equity ratio of 2.77. Frontier Group Holdings, Inc. has a twelve month low of $3.02 and a twelve month high of $8.40. The stock’s 50 day moving average is $6.79 and its 200-day moving average is $5.28. The firm has a market capitalization of $1.70 billion, a price-to-earnings ratio of -4.39 and a beta of 2.59.
Frontier Group (NASDAQ:ULCC – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.47) by $0.37. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.22 billion. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 35.54%. Frontier Group’s revenue was up 37.7% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.31) EPS. 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. Sell-side analysts forecast that Frontier Group Holdings, Inc. will post -0.31 EPS for the current fiscal year.
Trending Headlines about Frontier Group
- Positive Sentiment: Recent momentum remains a supporting factor. Zacks identified ULCC as a potential momentum pick after the shares advanced substantially from their 52-week low, suggesting continued investor interest in the airline’s recovery story. Zacks momentum article
- Positive Sentiment: Frontier’s latest quarterly performance exceeded expectations. The company reported a loss of $0.10 per share versus the projected $0.47 loss, while revenue reached $1.28 billion, up 37.7% year over year and above the $1.22 billion consensus estimate. Management’s guidance also indicates a possible return to profitability in the fourth quarter.
- Neutral Sentiment: Analyst sentiment remains mixed. Several firms raised their price targets, including Citigroup to $9, but most maintained neutral or bearish ratings. The overall consensus is “Reduce,” with an average target of $6.86, below recent trading levels.
- Negative Sentiment: Multiple executives sold shares in transactions conducted August 4–5. CFO Mark Christopher Mitchell sold 125,000 shares for approximately $1.01 million, reducing his holdings by nearly 70%; VP Trevor J. Stedke sold 167,277 shares for about $1.34 million; EVP Howard Diamond sold 24,195 shares; and CAO Josh Wetzel sold 2,000 shares. The combined sales totaled roughly $2.6 million and may be weighing on sentiment, particularly because of the CFO’s large reduction. Frontier Group insider selling article
Analyst Ratings Changes
A number of research analysts have recently issued reports on the stock. UBS Group lifted their price objective on shares of Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a report on Tuesday, June 23rd. Citigroup raised their price target on shares of Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a research report on Friday, June 26th. Weiss Ratings downgraded Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, July 30th. Zacks Research raised Frontier Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Finally, Susquehanna increased their price objective on Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $6.86.
Check Out Our Latest Analysis on Frontier Group
Hedge Funds Weigh In On Frontier Group
A number of hedge funds have recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Frontier Group in the 2nd quarter valued at about $47,205,000. U S Global Investors Inc. boosted its stake in shares of Frontier Group by 63.9% in the 1st quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after buying an additional 2,643,448 shares during the last quarter. Balyasny Asset Management L.P. purchased a new position in shares of Frontier Group in the 2nd quarter worth approximately $5,387,000. Mountaineer Partners Management LLC bought a new position in shares of Frontier Group in the fourth quarter valued at approximately $4,490,000. Finally, Bank of America Corp DE grew its holdings in shares of Frontier Group by 39.2% in the third quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock valued at $13,366,000 after acquiring an additional 852,798 shares in the last quarter.
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.
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