Insider Selling: Frontier Group (NASDAQ:ULCC) CEO Sells $477,584.06 in Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) CEO Barry Biffle sold 82,627 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were 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 directly owned 631,836 shares of the company’s stock, valued at approximately $3,652,012.08. The trade was a 11.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Barry Biffle also recently made the following trade(s):

• On Wednesday, December 10th, Barry Biffle sold 17,373 shares of Frontier Group stock. The stock was sold at an average price of $6.01, for a total value of $104,411.73.
• On Monday, December 8th, Barry Biffle sold 100,000 shares of Frontier Group stock. The shares were sold at an average price of $5.54, for a total value of $554,000.00.
• On Friday, December 5th, Barry Biffle sold 44,813 shares of Frontier Group stock. The stock was sold at an average price of $5.05, for a total transaction of $226,305.65.
• On Thursday, December 4th, Barry Biffle sold 55,187 shares of Frontier Group stock. The shares were sold at an average price of $5.04, for a total transaction of $278,142.48.

Frontier Group Price Performance

Shares of ULCC opened at $5.74 on Monday. The company’s 50-day moving average is $4.31 and its 200-day moving average is $4.32. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.40 and a quick ratio of 0.36. The firm has a market capitalization of $1.31 billion, a PE ratio of -9.41 and a beta of 2.55. Frontier Group Holdings, Inc. has a fifty-two week low of $2.89 and a fifty-two week high of $10.26.

Frontier Group (NASDAQ:ULCC) last announced its quarterly earnings results on Wednesday, November 5th. The company reported ($0.34) EPS for the quarter, meeting analysts’ consensus estimates of ($0.34). The business had revenue of $886.00 million for the quarter, compared to analyst estimates of $900.07 million. Frontier Group had a negative net margin of 3.65% and a negative return on equity of 25.73%. Frontier Group’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.05) EPS. Frontier Group has set its Q4 2025 guidance at 0.040-0.200 EPS. Equities analysts forecast that Frontier Group Holdings, Inc. will post 0.91 EPS for the current year.

Hedge Funds Weigh In On Frontier Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd bought a new stake in shares of Frontier Group during the 3rd quarter valued at $27,000. Ameritas Investment Partners Inc. raised its stake in Frontier Group by 130.0% in the second quarter. Ameritas Investment Partners Inc. now owns 8,643 shares of the company’s stock valued at $31,000 after purchasing an additional 4,885 shares in the last quarter. CWM LLC lifted its position in 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 purchasing an additional 6,253 shares during the period. Baron Wealth Management LLC bought a new stake in Frontier Group during the second quarter worth about $37,000. Finally, MQS Management LLC acquired a new stake in Frontier Group during the second quarter worth about $37,000.

Analysts Set New Price Targets

ULCC has been the topic of a number of recent research reports. Citigroup assumed coverage on Frontier Group in a research note on Thursday, December 4th. They set a “neutral” rating and a $5.00 target price on the stock. Susquehanna upped their price objective on Frontier Group from $3.00 to $4.00 and gave the company a “neutral” rating in a report on Friday, October 3rd. Morgan Stanley lowered their price objective on Frontier Group from $9.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Monday, December 8th. UBS Group reissued a “neutral” rating and issued a $6.00 target price (up previously from $4.00) on shares of Frontier Group in a research report on Friday. Finally, Seaport Res Ptn upgraded shares of Frontier Group to a “hold” rating in a research note on Thursday, September 25th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $6.25.

Frontier Group Company Profile

Frontier Group Holdings, Inc, provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, including its website, mobile app, and contact centers. As of December 31, 2023, it had a fleet of 136 Airbus single-aisle aircrafts.