Key Points
- David John Braben sold a total of 83,500 Frontier shares across multiple trades in March, amounting to roughly £312,660 (individual sales ranged from GBX 364–384 per share).
- Despite the insider selling and the stock trading around GBX 356.50, analysts remain positive—Deutsche Bank upgraded to Buy (target GBX 605) and the consensus average target is about GBX 608.33, well above the current price.
Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 8,500 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of GBX 369, for a total value of £31,365.
David John Braben also recently made the following trade(s):
- On Tuesday, March 17th, David John Braben sold 8,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 364, for a total value of £29,120.
- On Monday, March 16th, David John Braben sold 10,000 shares of Frontier Developments stock. The stock was 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 shares were 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 value of £30,720.
- On Tuesday, March 10th, David John Braben sold 6,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 377, for a total value of £24,505.
- On Monday, March 9th, David John Braben sold 7,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 379, for a total value 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 value of £34,290.
- On Wednesday, March 4th, David John Braben sold 7,500 shares of Frontier Developments stock. The shares were 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 shares were sold at an average price of GBX 380, for a total transaction of £26,600.
Frontier Developments Trading Down 3.6%
LON FDEV opened at GBX 356.50 on Friday. The company's fifty day simple moving average is GBX 431.61 and its 200-day simple moving average is GBX 455.06. Frontier Developments plc has a 52 week low of GBX 180 and a 52 week high of GBX 588.56. 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 £128.92 million, a P/E ratio of 7.16, a PEG ratio of 2.11 and a beta of 0.03.
Frontier Developments (LON:FDEV - Get Free Report) last announced its earnings results 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%. Equities research analysts predict that Frontier Developments plc will post 7.0917759 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft upgraded Frontier Developments to a "buy" rating and raised their target price for the company from GBX 580 to GBX 605 in a research note on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Frontier Developments has an average rating of "Buy" and an average target price of GBX 608.33.
Check Out Our Latest Stock Report 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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