Key Points
- David John Braben sold 9,000 shares on March 25 at GBX 346 and, between March 11–25, disposed of a total of 87,000 shares of Frontier for aggregate proceeds of approximately £315,930.
- Despite the insider selling, Frontier has a consensus analyst rating of Buy with a consensus price target near GBX 608 (Deutsche Bank raised its target to GBX 605), and the stock trades at a P/E of 6.92 with a market cap of about £124.65 million.
Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 9,000 shares of the company's stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of GBX 346, for a total transaction of £31,140.
David John Braben also recently made the following trade(s):
- On Tuesday, March 24th, David John Braben sold 6,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 339, for a total transaction of £22,035.
- On Monday, March 23rd, David John Braben sold 9,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 352, for a total transaction of £31,680.
- 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 transaction of £28,125.
- 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 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.
Frontier Developments Stock Performance
FDEV opened at GBX 344.68 on Friday. The company has a quick ratio of 2.61, a current ratio of 2.83 and a debt-to-equity ratio of 19.71. Frontier Developments plc has a 12-month low of GBX 180 and a 12-month high of GBX 588.56. The business has a 50 day moving average of GBX 417.70 and a 200-day moving average of GBX 454.26. The stock has a market cap of £124.65 million, a price-to-earnings ratio of 6.92, a PEG ratio of 2.11 and a beta of 0.03.
Frontier Developments (LON:FDEV - Get Free Report) last posted its 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, equities research analysts expect that Frontier Developments plc will post 7.0917759 earnings per share for the current year.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Frontier Developments to a "buy" rating and upped their price objective for the company from GBX 580 to GBX 605 in a report on Wednesday, January 14th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of GBX 608.33.
View 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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