Key Points
- David John Braben sold a total of 110,500 shares of Frontier Developments between March 17 and April 13, including 12,500 shares on April 13 at GBX 369 (≈£46,125).
- Equity analysts maintain a consensus Buy rating with an average price target of GBX 608.33, well above the recent trading level (opened GBX 376).
- Key fundamentals: market cap £132.99m, P/E 7.55, return on equity 21.13% and net margin 19.43%, with 50-day and 200-day moving averages at GBX 385.23 and GBX 450.76 respectively.
Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 12,500 shares of the stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of GBX 369, for a total value of £46,125.
David John Braben also recently made the following trade(s):
- On Tuesday, April 7th, David John Braben sold 12,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 347, for a total value of £43,375.
- On Wednesday, April 8th, David John Braben sold 15,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 370, for a total value of £55,500.
- On Thursday, April 9th, David John Braben sold 13,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 367, for a total value of £47,710.
- On Wednesday, March 25th, David John Braben sold 9,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 346, for a total value of £31,140.
- 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 value of £22,035.
- On Monday, March 23rd, David John Braben sold 9,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 352, for a total value of £31,680.
- On Friday, March 20th, David John Braben sold 7,500 shares of Frontier Developments stock. The shares were 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 shares were 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 value of £29,120.
Frontier Developments Trading Up 0.9%
Frontier Developments stock opened at GBX 376 on Wednesday. The business has a 50 day moving average price of GBX 385.23 and a two-hundred day moving average price of GBX 450.76. The company has a quick ratio of 2.61, a current ratio of 2.83 and a debt-to-equity ratio of 19.71. The stock has a market cap of £132.99 million, a price-to-earnings ratio of 7.55, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. Frontier Developments plc has a 12 month low of GBX 180 and a 12 month high of GBX 588.56.
Frontier Developments (LON:FDEV - Get Free Report) last posted its quarterly earnings results on Wednesday, January 14th. The company reported GBX 21.40 EPS for the quarter. Frontier Developments had a return on equity of 21.13% and a net margin of 19.43%. As a group, equities analysts forecast that Frontier Developments plc will post 7.0917759 EPS for the current year.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft raised Frontier Developments to a "buy" rating and upped 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, the stock presently has a consensus rating of "Buy" and a consensus price target of GBX 608.33.
Check Out Our Latest Stock 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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