Frontier Group (NASDAQ:ULCC) CAO Josh Wetzel Sells 2,000 Shares of Stock

Key Points

  • Frontier Group CFO Mark Christopher Mitchell sold 125,000 shares at an average price of $8.09, worth approximately $1.01 million, reducing his direct holdings by nearly 70% to 53,785 shares.
  • Frontier reported better-than-expected quarterly results, with a $0.10 per-share loss versus the anticipated $0.47 loss and revenue of $1.28 billion, up 37.7% year over year.
  • Analyst sentiment remains mixed: although Zacks upgraded the stock to “strong buy,” the broader consensus rating is “Reduce,” with a $6.86 average price target—below recent trading levels.

Frontier Group Holdings, Inc. (NASDAQ:ULCC - Get Free Report) CAO Josh Wetzel sold 2,000 shares of Frontier Group stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $8.00, for a total transaction of $16,000.00. Following the sale, the chief accounting officer owned 10,061 shares of the company's stock, valued at approximately $80,488. The trade was a 16.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Frontier Group Stock Performance

ULCC opened at $7.58 on Friday. Frontier Group Holdings, Inc. has a 1-year low of $3.02 and a 1-year high of $8.40. The stock has a market cap of $1.75 billion, a P/E ratio of -4.51 and a beta of 2.59. The stock's 50 day simple moving average is $6.76 and its 200 day simple moving average is $5.27. The company has a debt-to-equity ratio of 2.77, a current ratio of 0.58 and a quick ratio of 0.54.

Frontier Group (NASDAQ:ULCC - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.47) by $0.37. The firm had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.22 billion. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.Frontier Group's revenue was up 37.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.31) earnings per share. Frontier Group has set its Q4 2026 guidance at 0.000-0.200 EPS and its Q3 2026 guidance at -0.100-0.100 EPS. As a group, equities analysts anticipate that Frontier Group Holdings, Inc. will post -0.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth




ULCC has been the topic of a number of research reports. Susquehanna increased their price objective on shares of Frontier Group from $4.50 to $7.00 and gave the company a "neutral" rating in a research note on Tuesday, July 7th. Citigroup lifted their target price on shares of Frontier Group from $5.00 to $9.00 and gave the stock a "neutral" rating in a research report on Friday, June 26th. Wall Street Zen raised shares of Frontier Group from a "sell" rating to a "hold" rating in a report on Sunday, June 21st. UBS Group increased their price target on shares of Frontier Group from $4.00 to $7.00 and gave the company a "neutral" rating in a research report on Tuesday, June 23rd. Finally, Barclays lifted their price objective on Frontier Group from $4.00 to $7.00 and gave the stock an "underweight" rating in a research report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average target price of $6.86.

Read Our Latest Research Report on Frontier Group

Frontier Group News Summary

Here are the key news stories impacting Frontier Group this week:

  • Positive Sentiment: Frontier Group’s latest quarterly results were substantially better than expected: adjusted EPS was a loss of $0.10 versus the $0.47 loss analysts anticipated, while revenue of $1.28 billion exceeded estimates by approximately $60 million and increased 37.7% year over year. Management’s guidance also points to a potential return to profitability in the fourth quarter. Frontier Group insider trading and financial results article
  • Positive Sentiment: Zacks highlighted ULCC as a strong momentum candidate, citing recent price performance and valuation that may still appear reasonable to momentum-oriented investors. Shares have increased significantly from their 52-week low of $3.02. Zacks Frontier Group momentum article
  • Positive Sentiment: Several institutional investors expanded their positions, including U.S. Global Investors, Bank of America and HRT Financial, while Balyasny Asset Management and Mountaineer Partners initiated stakes. This suggests some professional investors see improving prospects for the airline. Institutional ownership and Frontier Group article
  • Neutral Sentiment: Analyst views remain mixed. Zacks Research upgraded ULCC to “strong buy,” but the broader consensus is “Reduce,” with an average price target of $6.86—below recent trading levels. Frontier Group analyst ratings article
  • Negative Sentiment: Multiple executives sold a combined 321,540 shares for roughly $2.6 million. CFO Mark Christopher Mitchell sold 125,000 shares, reducing his position by nearly 70%, while the vice president sold 167,277 shares. Additional sales by executives further reinforce near-term insider-selling pressure, although the transactions may reflect personal portfolio decisions. Frontier Group executive stock sale filing

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Frontier Group during the 3rd quarter worth about $27,000. Quarry LP acquired a new position in shares of Frontier Group in the fourth quarter valued at approximately $34,000. Atlas Wealth LLC purchased a new position in shares of Frontier Group during the first quarter valued at approximately $33,000. Brooklyn Investment Group lifted its stake in shares of Frontier Group by 490.7% during the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company's stock valued at $48,000 after buying an additional 9,078 shares during the period. Finally, Numerai GP LLC acquired a new stake in Frontier Group during the third quarter worth approximately $61,000.

Frontier Group Company Profile

(Get Free Report)

Frontier Group, trading on Nasdaq under the ticker ULCC, is the holding company for Frontier Airlines, an ultra-low-cost carrier based in Denver, Colorado. The company’s core business centers on providing no-frills air travel across a point-to-point network while generating ancillary revenue from add-on services such as baggage fees, seat selection, priority boarding and in-flight refreshments. This fare-plus-a-la-carte model allows Frontier to offer competitive base fares and maintain low operating costs.

Founded in February 1994 by industry veterans Andrew Levy and Russell Beardsmore, Frontier Airlines commenced operations with a small fleet of MD-80 aircraft.

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