Key Points
- Insider David John Braben sold a total of 87,000 shares of Frontier Developments between Feb. 26 and Mar. 13 in a series of transactions at prices roughly GBX 369–407 per share, including a 15,000‑share sale on Feb. 26.
- Shares opened at GBX 360 (down 4.6%); despite the insider selling, analysts maintain a consensus Buy with an average target of about GBX 608.33, and the company has a market cap of ~£130.2 million and a P/E of 7.23.
Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 6,500 shares of the company's stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of GBX 369, for a total value of £23,985.
David John Braben also recently made the following trade(s):
- On Thursday, March 12th, David John Braben sold 5,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 370, for a total transaction of £18,500.
- On Wednesday, March 11th, David John Braben sold 8,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 384, for a total transaction of £30,720.
- On Tuesday, March 10th, David John Braben sold 6,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 377, for a total transaction of £24,505.
- On Monday, March 9th, David John Braben sold 7,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 379, for a total transaction of £28,425.
- On Friday, March 6th, David John Braben sold 9,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 381, for a total transaction of £34,290.
- On Wednesday, March 4th, David John Braben sold 7,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 382, for a total transaction of £28,650.
- On Tuesday, March 3rd, David John Braben sold 7,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 380, for a total transaction of £26,600.
- On Monday, March 2nd, David John Braben sold 5,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 390, for a total transaction of £19,500.
- On Friday, February 27th, David John Braben sold 10,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 407, for a total value of £40,700.
- On Thursday, February 26th, David John Braben sold 15,000 shares of Frontier Developments stock. The stock was sold at an average price of £401.61, for a total value of £6,024,150.
Frontier Developments Stock Down 4.6%
Shares of FDEV opened at GBX 360 on Tuesday. The company has a market capitalization of £130.19 million, a PE ratio of 7.23, a PEG ratio of 2.11 and a beta of 0.03. Frontier Developments plc has a 12 month low of GBX 180 and a 12 month high of GBX 588.56. The stock's 50-day moving average price is GBX 438.08 and its two-hundred day moving average price is GBX 456.44. The company has a current ratio of 2.83, a quick ratio of 2.61 and a debt-to-equity ratio of 19.71.
Frontier Developments (LON:FDEV - Get Free Report) last released its quarterly earnings results on Wednesday, January 14th. The company reported GBX 21.40 EPS for the quarter. Frontier Developments had a return on equity of 21.13% and a net margin of 19.43%. On average, analysts anticipate that Frontier Developments plc will post 7.0917759 EPS for the current year.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft raised shares of Frontier Developments to a "buy" rating and increased their target price for the company from GBX 580 to GBX 605 in a research report on Wednesday, January 14th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Frontier Developments has an average rating of "Buy" and an average price target of GBX 608.33.
Read Our Latest Stock Report on Frontier Developments
Frontier Developments Company Profile
(
Get Free Report)
Frontier is a leading independent developer and publisher of video games for PC and console, creating immersive and fun gameplay, with unparalleled artistic quality.
At Frontier, we specialise in creating endless possibilities in playful, fun and creative worlds. From some of the world's biggest licensed entertainment and sporting franchises, to intricately crafted worlds where players can explore and make their mark, our games are all underpinned by our unwavering passion for creating compelling and innovative experiences that continue to inspire and delight our players.
We have created games that have defined genres, been critically acclaimed, and reached many millions of players.
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