Short Interest in Frontier Group Holdings, Inc. (NASDAQ:ULCC) Decreases By 22.7%

Frontier Group Holdings, Inc. (NASDAQ:ULCC) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 22,349,960 shares, a decrease of 22.7% from the November 30th total of 28,921,414 shares. Approximately 18.8% of the shares of the company are sold short. Based on an average trading volume of 5,047,133 shares, the short-interest ratio is presently 4.4 days. Based on an average trading volume of 5,047,133 shares, the short-interest ratio is presently 4.4 days. Approximately 18.8% of the shares of the company are sold short.

Insider Buying and Selling

In other Frontier Group news, CEO Barry Biffle sold 82,627 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $5.78, for a total value of $477,584.06. Following the completion of the sale, the chief executive officer owned 631,836 shares in the company, valued at approximately $3,652,012.08. This represents a 11.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Steve Schuller sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $6.00, for a total value of $30,000.00. Following the sale, the senior vice president directly owned 77,312 shares in the company, valued at approximately $463,872. This represents a 6.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 305,000 shares of company stock valued at $1,670,444. 48.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Frontier Group

Several institutional investors and hedge funds have recently made changes to their positions in ULCC. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Frontier Group in the third quarter worth approximately $27,000. Ameritas Investment Partners Inc. boosted its stake in Frontier Group by 130.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,643 shares of the company’s stock worth $31,000 after purchasing an additional 4,885 shares during the last quarter. CWM LLC grew its holdings in shares of Frontier Group by 165.0% during the second quarter. CWM LLC now owns 10,042 shares of the company’s stock worth $36,000 after buying an additional 6,253 shares in the last quarter. Baron Wealth Management LLC acquired a new stake in shares of Frontier Group in the second quarter valued at about $37,000. Finally, MQS Management LLC purchased a new position in shares of Frontier Group in the second quarter worth about $37,000.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Susquehanna lifted their price target on Frontier Group from $3.00 to $4.00 and gave the stock a “neutral” rating in a research report on Friday, October 3rd. Deutsche Bank Aktiengesellschaft upgraded Frontier Group from a “hold” rating to a “buy” rating and lifted their target price for the stock from $4.00 to $8.00 in a report on Tuesday, September 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of Frontier Group in a report on Monday, December 22nd. UBS Group reaffirmed a “neutral” rating and set a $6.00 price objective (up from $4.00) on shares of Frontier Group in a research note on Friday, December 12th. Finally, Citigroup started coverage on shares of Frontier Group in a research note on Thursday, December 4th. They issued a “neutral” rating and a $5.00 target price on the stock. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $6.25.

Frontier Group Stock Down 0.3%

Frontier Group stock traded down $0.02 during mid-day trading on Tuesday, reaching $4.70. 720,015 shares of the company were exchanged, compared to its average volume of 3,901,173. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.36 and a current ratio of 0.40. The firm has a market cap of $1.07 billion, a P/E ratio of -7.70 and a beta of 2.55. The business has a fifty day moving average of $4.46 and a 200 day moving average of $4.40. Frontier Group has a 12-month low of $2.89 and a 12-month high of $10.26.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings data on Wednesday, November 5th. The company reported ($0.34) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.34). The firm had revenue of $886.00 million during the quarter, compared to analysts’ expectations of $900.07 million. Frontier Group had a negative return on equity of 25.73% and a negative net margin of 3.65%.The firm’s quarterly revenue was down 5.2% on a year-over-year basis. During the same period in the prior year, the business posted ($0.05) EPS. Frontier Group has set its Q4 2025 guidance at 0.040-0.200 EPS. Research analysts anticipate that Frontier Group will post 0.91 earnings per share for the current fiscal year.

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.