Insider Selling: Frontier Group (NASDAQ:ULCC) VP Sells 83,110 Shares of Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) VP Trevor Stedke sold 83,110 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $5.41, for a total transaction of $449,625.10. Following the transaction, the vice president owned 167,277 shares in the company, valued at $904,968.57. This represents a 33.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Frontier Group Stock Performance

ULCC traded down $0.26 during midday trading on Monday, hitting $5.03. 4,081,126 shares of the company traded hands, compared to its average volume of 4,935,822. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75. The firm has a market capitalization of $1.16 billion, a PE ratio of -3.14 and a beta of 2.41. The company’s 50-day moving average is $3.83 and its 200 day moving average is $4.45. Frontier Group Holdings, Inc. has a 52 week low of $3.02 and a 52 week high of $6.66.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings data on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the prior year, the business earned ($0.19) EPS. The business’s quarterly revenue was up 16.8% on a year-over-year basis. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, research analysts expect that Frontier Group Holdings, Inc. will post -1.22 EPS for the current year.

Institutional Investors Weigh In On Frontier Group

A number of institutional investors have recently added to or reduced their stakes in the stock. U S Global Investors Inc. grew its holdings 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 valued at $23,938,000 after buying an additional 2,643,448 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings 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 valued at $17,860,000 after purchasing an additional 209,154 shares in the last quarter. Bank of America Corp DE grew its holdings 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 valued at $13,366,000 after purchasing an additional 852,798 shares in the last quarter. Citigroup Inc. grew its holdings in shares of Frontier Group by 14.1% in the third quarter. Citigroup Inc. now owns 2,824,859 shares of the company’s stock valued at $12,472,000 after purchasing an additional 348,739 shares in the last quarter. Finally, Balyasny Asset Management L.P. grew its holdings 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 valued at $9,723,000 after purchasing an additional 718,147 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ULCC shares. Deutsche Bank Aktiengesellschaft cut shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price objective on the stock. in a research note on Tuesday, February 10th. Barclays reiterated an “underweight” rating and issued a $4.00 price objective (down from $6.00) on shares of Frontier Group in a research note on Monday, March 2nd. Citigroup increased their price objective on shares of Frontier Group from $3.50 to $4.90 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Wall Street Zen upgraded shares of Frontier Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. Finally, UBS Group lowered their price objective on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a research note on Monday, March 16th. Five analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $5.06.

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.