Frontier Developments (LON:FDEV) Insider Sells £18,500 in Stock

Frontier Developments plc (LON:FDEV) insider David John Braben sold 5,000 shares of Frontier Developments stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of GBX 370, for a total value of £18,500.

David John Braben also recently made the following trade(s):

• On Wednesday, March 11th, David John Braben sold 8,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 384, for a total transaction of £30,720.
• On Tuesday, March 10th, David John Braben sold 6,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 377, for a total transaction of £24,505.
• On Monday, March 9th, David John Braben sold 7,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 379, for a total transaction of £28,425.
• On Friday, March 6th, David John Braben sold 9,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 381, for a total transaction of £34,290.
• On Wednesday, March 4th, David John Braben sold 7,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 382, for a total transaction of £28,650.
• On Tuesday, March 3rd, David John Braben sold 7,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 380, for a total transaction of £26,600.
• On Monday, March 2nd, David John Braben sold 5,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 390, for a total transaction of £19,500.
• On Friday, February 27th, David John Braben sold 10,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 407, for a total transaction of £40,700.
• On Thursday, February 26th, David John Braben sold 15,000 shares of Frontier Developments stock. The shares were sold at an average price of £401.61, for a total transaction of £6,024,150.

Frontier Developments Stock Up 1.4%

FDEV opened at GBX 375 on Monday. The stock has a market cap of £135.61 million, a price-to-earnings ratio of 7.53, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. The company has a debt-to-equity ratio of 19.71, a quick ratio of 2.61 and a current ratio of 2.83. The firm’s fifty day moving average is GBX 440.55 and its 200 day moving average is GBX 456.54. Frontier Developments plc has a fifty-two week low of GBX 180 and a fifty-two week high of GBX 588.56.

Frontier Developments (LON:FDEV) last issued 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%. On average, sell-side analysts forecast that Frontier Developments plc will post 7.0917759 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised Frontier Developments to a “buy” rating and lifted their target price for the company from GBX 580 to GBX 605 in a research note on Wednesday, January 14th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 608.33.

Frontier Developments Company Profile

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.