Key Points
- David John Braben sold a total of 80,000 shares of Frontier Developments in a series of March transactions, raising roughly £300,795, including an 8,000‑share sale on March 17 at GBX 364.
- Analysts remain positive despite the insider sales — Deutsche Bank upgraded the stock to "buy" and raised its price target to GBX 605, with an average analyst target around GBX 608.33 while the stock trades near GBX 369 and has a market cap of about £133.45m.
- Frontier reported quarterly EPS of GBX 21.40 with a net margin of 19.43% and ROE of 21.13%, and analysts forecast roughly 7.09 EPS for the current year.
Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 8,000 shares of the company's stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of GBX 364, for a total value of £29,120.
David John Braben also recently made the following trade(s):
- On Monday, March 16th, David John Braben sold 10,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 365, for a total value of £36,500.
- On Friday, March 13th, David John Braben sold 6,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 369, for a total value of £23,985.
- On Thursday, March 12th, David John Braben sold 5,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 370, for a total value of £18,500.
- On Wednesday, March 11th, David John Braben sold 8,000 shares of Frontier Developments stock. The shares were 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 stock was 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 shares were sold at an average price of GBX 390, for a total transaction of £19,500.
Frontier Developments Trading Up 0.4%
LON FDEV opened at GBX 369.01 on Thursday. Frontier Developments plc has a 12-month low of GBX 180 and a 12-month high of GBX 588.56. The company has a fifty day simple moving average of GBX 433.69 and a two-hundred day simple moving average of GBX 455.75. The company has a current ratio of 2.83, a quick ratio of 2.61 and a debt-to-equity ratio of 19.71. The stock has a market cap of £133.45 million, a P/E ratio of 7.41, a P/E/G ratio of 2.11 and a beta of 0.03.
Frontier Developments (LON:FDEV - Get Free Report) last announced its quarterly earnings data on Wednesday, January 14th. The company reported GBX 21.40 earnings per share for the quarter. Frontier Developments had a net margin of 19.43% and a return on equity of 21.13%. On average, analysts forecast that Frontier Developments plc will post 7.0917759 earnings per share for the current year.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft upgraded Frontier Developments to a "buy" rating and boosted their price target for the company from GBX 580 to GBX 605 in a research note on Wednesday, January 14th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of GBX 608.33.
Get Our Latest Analysis on FDEV
About Frontier Developments
(
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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