Key Points
- David John Braben has been an active seller: between March 20 and April 16 he sold roughly 103,500 Frontier shares (about £377,400) and bought 20,000 shares on April 14, leaving a net sale of roughly 83,500 shares.
- Frontier (LON:FDEV) is trading around GBX 400.5 and carries a consensus Buy rating with an average price target near GBX 608; Deutsche Bank recently upgraded it to Buy and raised its target to GBX 605.
Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 6,000 shares of the stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of GBX 393, for a total value of £23,580.
David John Braben also recently made the following trade(s):
- On Wednesday, April 15th, David John Braben sold 12,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 385, for a total value of £48,125.
- On Tuesday, April 14th, David John Braben acquired 20,000 shares of Frontier Developments stock. The shares were bought at an average cost of GBX 378 per share, for a total transaction of £75,600.
- On Monday, April 13th, David John Braben sold 12,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 369, for a total value of £46,125.
- 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.
Frontier Developments Price Performance
FDEV opened at GBX 400.50 on Friday. The stock's 50 day simple moving average is GBX 380.30 and its 200 day simple moving average is GBX 449.62. The company has a debt-to-equity ratio of 19.71, a current ratio of 2.83 and a quick ratio of 2.61. Frontier Developments plc has a 1 year low of GBX 180 and a 1 year high of GBX 588.56. The firm has a market cap of £141.66 million, a price-to-earnings ratio of 8.04, a PEG ratio of 2.11 and a beta of 0.03.
Frontier Developments (LON:FDEV - Get Free Report) last posted its quarterly earnings results on Wednesday, January 14th. The company reported GBX 21.40 earnings per share (EPS) for the quarter. Frontier Developments had a return on equity of 21.13% and a net margin of 19.43%. As a group, analysts predict that Frontier Developments plc will post 7.0917759 earnings per share for the current year.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft upgraded Frontier Developments to a "buy" rating and lifted their price objective for the stock 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 MarketBeat, Frontier Developments has an average rating of "Buy" and a consensus price target of GBX 608.33.
Get 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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