Key Points
- Frontier Group SVP Alexandre Clerc sold 3,480 shares at an average price of $5.71, totaling $19,870.80. His remaining stake fell 9.28% to 34,008 shares.
- ULCC recently reported a quarterly loss of $0.10 per share, outperforming the consensus estimate of a $0.47 loss, while revenue rose 37.7% year over year to $1.28 billion.
- Analyst sentiment remains cautious: six analysts rate the stock Hold and three rate it Sell, producing a consensus “Reduce” rating and a $6.86 price target.
Frontier Group Holdings, Inc. (NASDAQ:ULCC - Get Free Report) SVP Alexandre Clerc sold 3,480 shares of the firm's stock in a transaction on Friday, September 4th. The stock was sold at an average price of $5.71, for a total value of $19,870.80. Following the completion of the transaction, the senior vice president owned 34,008 shares in the company, valued at approximately $194,185.68. This trade represents a 9.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Alexandre Clerc also recently made the following trade(s):
- On Tuesday, August 4th, Alexandre Clerc sold 3,068 shares of Frontier Group stock. The stock was sold at an average price of $8.17, for a total value of $25,065.56.
- On Friday, July 31st, Alexandre Clerc sold 7,142 shares of Frontier Group stock. The shares were sold at an average price of $7.13, for a total value of $50,922.46.
Frontier Group Stock Down 1.4%
ULCC stock opened at $5.65 on Thursday. The company has a market cap of $1.30 billion, a price-to-earnings ratio of -3.36 and a beta of 2.57. The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.54 and a current ratio of 0.58. The business's 50-day moving average is $6.49 and its two-hundred day moving average is $5.40. Frontier Group Holdings, Inc. has a fifty-two week low of $3.02 and a fifty-two week high of $8.40.
Frontier Group (NASDAQ:ULCC - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.47) by $0.37. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the previous year, the company posted ($0.31) EPS. The business's quarterly revenue was up 37.7% compared to the same quarter last year. 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, analysts forecast that Frontier Group Holdings, Inc. will post -0.34 earnings per share for the current year.
Analysts Set New Price Targets
Several research analysts have weighed in on the stock. Weiss Ratings downgraded shares of Frontier Group from a "sell (d)" rating to a "sell (d-)" rating in a research report on Thursday, July 30th. Citigroup boosted their price objective on shares of Frontier Group from $5.00 to $9.00 and gave the company a "neutral" rating in a research report on Friday, June 26th. Wall Street Zen upgraded Frontier Group from a "sell" rating to a "hold" rating in a research note on Sunday, June 21st. Zacks Research cut Frontier Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 27th. Finally, Susquehanna lifted their target price on Frontier Group from $4.50 to $7.00 and gave the company a "neutral" rating in a research report on Tuesday, July 7th. Six analysts have rated the stock with a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, Frontier Group has a consensus rating of "Reduce" and a consensus price target of $6.86.
Get Our Latest Stock Analysis on ULCC
Institutional Investors Weigh In On Frontier Group
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. U S Global Investors Inc. raised its stake in Frontier Group by 63.9% during the 1st quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company's stock worth $23,938,000 after acquiring an additional 2,643,448 shares during the period. BlackRock Inc. purchased a new position in Frontier Group during the second quarter valued at approximately $47,205,000. Dimensional Fund Advisors LP boosted its position in shares of Frontier Group by 5.5% in the third quarter. Dimensional Fund Advisors LP now owns 4,044,167 shares of the company's stock worth $17,860,000 after purchasing an additional 209,154 shares during the period. Bank of America Corp DE boosted its position in shares of Frontier Group by 39.2% in the third quarter. Bank of America Corp DE now owns 3,027,309 shares of the company's stock worth $13,366,000 after purchasing an additional 852,798 shares during the period. Finally, Balyasny Asset Management L.P. increased its stake in shares of Frontier Group by 48.4% in the third quarter. Balyasny Asset Management L.P. now owns 2,202,219 shares of the company's stock worth $9,723,000 after purchasing an additional 718,147 shares in the last quarter.
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
