Key Points
- Insider David John Braben sold 85,500 Frontier shares across 11 trades between March 6 and March 20, raising approximately £318,295 in proceeds (most recent sale: 7,500 shares at GBX 375 on March 20).
- Despite the insider selling, analysts remain bullish with a consensus Buy rating and a consensus target of GBX 608.33 (Deutsche Bank upgraded to Buy and raised its target to GBX 605); the stock opened at GBX 344.50 and has a 1‑year range of GBX 180–588.56.
Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 7,500 shares of Frontier Developments stock in a transaction on Friday, March 20th. The stock was sold at an average price of GBX 375, for a total transaction of £28,125.
David John Braben also recently made the following trade(s):
- On Thursday, March 19th, David John Braben sold 9,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 364, for a total transaction of £32,760.
- On Wednesday, March 18th, David John Braben sold 8,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 369, for a total transaction of £31,365.
- 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 transaction of £29,120.
- 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 transaction of £36,500.
- On Friday, March 13th, David John Braben sold 6,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 369, for a total transaction 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 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 stock was 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 stock was 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 value of £34,290.
Frontier Developments Trading Up 0.9%
Shares of FDEV opened at GBX 344.50 on Tuesday. Frontier Developments plc has a 1 year low of GBX 180 and a 1 year 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 50 day simple moving average of GBX 426.70 and a 200-day simple moving average of GBX 456.08. The stock has a market cap of £124.58 million, a PE ratio of 6.92, a PEG ratio of 2.11 and a beta of 0.03.
Frontier Developments (LON:FDEV - Get Free Report) last announced its quarterly earnings results on Wednesday, January 14th. The company reported GBX 21.40 earnings per share for the quarter. Frontier Developments had a return on equity of 21.13% and a net margin of 19.43%. On average, sell-side 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 raised shares of Frontier Developments to a "buy" rating and lifted their price target for the company from GBX 580 to GBX 605 in a report on Wednesday, January 14th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of GBX 608.33.
View Our Latest Research Report on Frontier Developments
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.
See Also
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