Inspire Investing LLC Acquires New Stake in Frontdoor Inc. $FTDR

Inspire Investing LLC acquired a new stake in Frontdoor Inc. (NASDAQ:FTDR) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 14,874 shares of the company’s stock, valued at approximately $877,000.

Other institutional investors have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new position in Frontdoor in the first quarter valued at approximately $42,000. IFP Advisors Inc lifted its position in shares of Frontdoor by 80,766.7% during the first quarter. IFP Advisors Inc now owns 2,426 shares of the company’s stock worth $93,000 after acquiring an additional 2,423 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Frontdoor by 16.5% during the first quarter. GAMMA Investing LLC now owns 2,447 shares of the company’s stock worth $94,000 after acquiring an additional 347 shares in the last quarter. CWM LLC lifted its position in shares of Frontdoor by 91.2% during the first quarter. CWM LLC now owns 2,574 shares of the company’s stock worth $99,000 after acquiring an additional 1,228 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Frontdoor by 70.3% during the first quarter. Blue Trust Inc. now owns 2,780 shares of the company’s stock worth $107,000 after acquiring an additional 1,148 shares in the last quarter.

Analysts Set New Price Targets

FTDR has been the topic of several recent research reports. Oppenheimer increased their target price on Frontdoor from $56.00 to $63.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Truist Financial increased their target price on Frontdoor from $67.00 to $71.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Weiss Ratings downgraded Frontdoor from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. Zacks Research upgraded Frontdoor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 27th. Finally, The Goldman Sachs Group upped their price target on shares of Frontdoor from $44.00 to $50.00 and gave the stock a “sell” rating in a report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $59.75.

Frontdoor Trading Down 1.2%

Frontdoor stock opened at $64.53 on Monday. The stock has a market cap of $4.70 billion, a P/E ratio of 19.04 and a beta of 1.33. Frontdoor Inc. has a fifty-two week low of $35.61 and a fifty-two week high of $69.36. The firm’s fifty day moving average price is $62.94 and its 200-day moving average price is $55.69. The company has a debt-to-equity ratio of 4.56, a quick ratio of 1.49 and a current ratio of 1.49.

Frontdoor (NASDAQ:FTDR) last released its earnings results on Tuesday, August 5th. The company reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.19. The business had revenue of $617.00 million for the quarter, compared to analysts’ expectations of $602.62 million. Frontdoor had a return on equity of 125.21% and a net margin of 13.07%.The firm’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.27 earnings per share. Frontdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts forecast that Frontdoor Inc. will post 3.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP Jeffrey Fiarman sold 129,673 shares of the stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $56.15, for a total value of $7,281,138.95. Following the transaction, the senior vice president owned 34,646 shares of the company’s stock, valued at $1,945,372.90. This represents a 78.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.48% of the stock is currently owned by corporate insiders.

Frontdoor Company Profile

Frontdoor, Inc provides home warranties in the United States in the United States. Its customizable home warranties help customers protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. The company’s home warranty customers subscribe to an annual service plan agreement that covers the repair or replacement of principal components of approximately 20 home systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as electronics, pools, and spas and pumps; and heating, ventilation, and air conditioning systems.