Key Points
- David John Braben sold a total of 85,500 shares of Frontier Developments across multiple transactions from March 9–23, totaling roughly £315,700.
- The stock opened down 3.2% at GBX 335.50 and is trading well below its 50‑day (GBX 424.01) and 200‑day (GBX 455.79) moving averages, indicating recent weakness despite the insider sales.
- Analysts remain positive overall, with a consensus "Buy" rating and an average target of GBX 608.33, and Deutsche Bank recently upgraded the shares to Buy with a GBX 605 price objective.
Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 9,000 shares of the firm's stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of GBX 352, for a total value of £31,680.
David John Braben also recently made the following trade(s):
- On Friday, March 20th, David John Braben sold 7,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 375, for a total value of £28,125.
- On Thursday, March 19th, David John Braben sold 9,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 364, for a total value 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 value of £31,365.
- On Tuesday, March 17th, David John Braben sold 8,000 shares of Frontier Developments stock. The shares were 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 stock was 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 stock was 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 stock was 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 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.
Frontier Developments Stock Down 3.2%
Frontier Developments stock opened at GBX 335.50 on Wednesday. The company has a debt-to-equity ratio of 19.71, a current ratio of 2.83 and a quick ratio of 2.61. The company's 50-day moving average is GBX 424.01 and its 200-day moving average is GBX 455.79. The firm has a market capitalization of £121.33 million, a PE ratio of 6.74, a P/E/G ratio of 2.11 and a beta of 0.03. Frontier Developments plc has a fifty-two week low of GBX 180 and a fifty-two week high of GBX 588.56.
Frontier Developments (LON:FDEV - Get Free Report) last issued its earnings results on Wednesday, January 14th. The company reported GBX 21.40 earnings per share (EPS) for the quarter. Frontier Developments had a net margin of 19.43% and a return on equity of 21.13%. Sell-side analysts anticipate that Frontier Developments plc will post 7.0917759 earnings per share for the current year.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft raised Frontier Developments to a "buy" rating and raised their price objective for the company from GBX 580 to GBX 605 in a research report on Wednesday, January 14th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of GBX 608.33.
Check Out 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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