Frontier Developments (LON:FDEV) Insider Sells £19,500 in Stock

Frontier Developments plc (LON:FDEV) insider David John Braben sold 5,000 shares of Frontier Developments stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of GBX 390, for a total transaction of £19,500.

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

• On Wednesday, March 4th, David John Braben sold 7,500 shares of Frontier Developments stock. The shares were 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 shares were sold at an average price of GBX 380, for a total transaction of £26,600.
• On Friday, February 27th, David John Braben sold 10,000 shares of Frontier Developments stock. The stock was 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 stock was sold at an average price of £401.61, for a total value of £6,024,150.

Frontier Developments Price Performance

FDEV stock opened at GBX 380.84 on Friday. Frontier Developments plc has a 1 year low of GBX 180 and a 1 year high of GBX 588.56. 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 stock’s 50 day moving average price is GBX 447.84 and its 200 day moving average price is GBX 456.03. The firm has a market cap of £137.72 million, a P/E ratio of 7.65, a PEG ratio of 2.11 and a beta of 0.03.

Frontier Developments (LON:FDEV) last announced its earnings results on Wednesday, January 14th. The company reported GBX 21.40 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 expect that Frontier Developments plc will post 7.0917759 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on FDEV. Deutsche Bank Aktiengesellschaft upgraded Frontier Developments to a “buy” rating and lifted their price objective for the stock from GBX 580 to GBX 605 in a research report on Wednesday, January 14th. Berenberg Bank raised their price target on shares of Frontier Developments from GBX 550 to GBX 600 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Frontier Developments currently has an average 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.