Alexandre Clerc Sells 5,060 Shares of Frontier Group (NASDAQ:ULCC) Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Alexandre Clerc sold 5,060 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $5.93, for a total transaction of $30,005.80. Following the sale, the senior vice president directly owned 47,698 shares of the company’s stock, valued at $282,849.14. The trade was a 9.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Frontier Group Price Performance

Frontier Group stock opened at $5.94 on Friday. Frontier Group Holdings, Inc. has a 52-week low of $3.02 and a 52-week high of $6.66. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of -3.71 and a beta of 2.60. The company has a fifty day simple moving average of $4.48 and a 200-day simple moving average of $4.63. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75.

Frontier Group (NASDAQ:ULCC) last released its earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.07. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the prior year, the firm earned ($0.19) earnings per share. The company’s revenue for the quarter was up 16.8% compared to the same quarter last year. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, equities analysts anticipate that Frontier Group Holdings, Inc. will post -1.12 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of ULCC. Caitong International Asset Management Co. Ltd acquired a new position in Frontier Group in the third quarter valued at about $27,000. Atlas Wealth LLC acquired a new position in Frontier Group in the first quarter valued at about $33,000. Quarry LP acquired a new position in Frontier Group in the fourth quarter valued at about $34,000. Brooklyn Investment Group lifted its position in Frontier Group by 490.7% in 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 last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Frontier Group in the third quarter valued at about $49,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. UBS Group dropped their price objective on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, March 16th. Deutsche Bank Aktiengesellschaft lowered shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a report on Tuesday, February 10th. Weiss Ratings reissued a “sell (d)” rating on shares of Frontier Group in a report on Tuesday, May 19th. Finally, Citigroup upped their price objective on shares of Frontier Group from $4.90 to $5.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Five investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $5.07.

About Frontier Group

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.