178,416 Shares in Frontier Group Holdings, Inc. $ULCC Acquired by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC bought a new position in shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 178,416 shares of the company’s stock, valued at approximately $1,411,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Straightline Group LLC boosted its stake in Frontier Group by 9.5% during the 4th quarter. Straightline Group LLC now owns 60,586 shares of the company’s stock valued at $285,000 after purchasing an additional 5,232 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Frontier Group by 46.0% in the 1st quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock worth $81,000 after buying an additional 5,913 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Frontier Group in the third quarter valued at $27,000. Victory Capital Management Inc. lifted its holdings in shares of Frontier Group by 9.5% in the third quarter. Victory Capital Management Inc. now owns 70,382 shares of the company’s stock valued at $311,000 after buying an additional 6,108 shares during the period. Finally, Quarry LP bought a new position in Frontier Group during the fourth quarter valued at about $34,000.

Insiders Place Their Bets

In other Frontier Group news, SVP Alexandre Clerc sold 3,068 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $8.17, for a total transaction of $25,065.56. Following the sale, the senior vice president directly owned 37,488 shares of the company’s stock, valued at $306,276.96. The trade was a 7.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Trevor J. Stedke sold 167,277 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $8.03, for a total value of $1,343,234.31. The SEC filing for this sale provides additional information. Insiders have sold 12,067,242 shares of company stock worth $87,115,712 in the last quarter. Corporate insiders own 48.00% of the company’s stock.

Frontier Group Trading Down 5.1%

NASDAQ:ULCC opened at $6.35 on Tuesday. The stock has a fifty day simple moving average of $6.89 and a 200 day simple moving average of $5.35. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of -3.78 and a beta of 2.59. Frontier Group Holdings, Inc. has a 1-year low of $3.02 and a 1-year high of $8.40. The company has a quick ratio of 0.54, a current ratio of 0.58 and a debt-to-equity ratio of 2.77.

Frontier Group (NASDAQ:ULCC) last posted 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 for the quarter, compared to the consensus estimate of $1.22 billion. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The business’s revenue for the quarter was up 37.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.31) EPS. 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. Sell-side analysts forecast that Frontier Group Holdings, Inc. will post -0.31 earnings per share for the current year.

Analysts Set New Price Targets

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

Frontier Group Company Profile

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.