Frontier Developments (LON:FDEV) Insider David John Braben Sells 6,500 Shares

Frontier Developments plc (LON:FDEVGet Free Report) insider David John Braben sold 6,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of GBX 377, for a total transaction of £24,505.

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

  • On Wednesday, March 11th, David John Braben sold 8,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 384, for a total transaction of £30,720.
  • On Monday, March 9th, David John Braben sold 7,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 379, for a total value of £28,425.
  • On Friday, March 6th, David John Braben sold 9,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 381, for a total value of £34,290.
  • On Wednesday, March 4th, David John Braben sold 7,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 382, for a total value of £28,650.
  • On Tuesday, March 3rd, David John Braben sold 7,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 380, for a total value of £26,600.
  • On Monday, March 2nd, David John Braben sold 5,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 390, for a total value of £19,500.
  • On Friday, February 27th, David John Braben sold 10,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 407, for a total value of £40,700.
  • On Thursday, February 26th, David John Braben sold 15,000 shares of Frontier Developments stock. The shares were sold at an average price of £401.61, for a total value of £6,024,150.

Frontier Developments Trading Down 3.0%

LON:FDEV opened at GBX 372 on Friday. The stock has a fifty day simple moving average of GBX 442.61 and a 200 day simple moving average of GBX 455.51. The firm has a market capitalization of £134.53 million, a price-to-earnings ratio of 7.47, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. Frontier Developments plc has a 1-year low of GBX 180 and a 1-year high of GBX 588.56. The company has a quick ratio of 2.61, a current ratio of 2.83 and a debt-to-equity ratio of 19.71.

Frontier Developments (LON:FDEVGet Free Report) last posted its quarterly earnings data on Wednesday, January 14th. The company reported GBX 21.40 earnings per share (EPS) for the quarter. Frontier Developments had a return on equity of 21.13% and a net margin of 19.43%. Sell-side analysts forecast that Frontier Developments plc will post 7.0917759 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Berenberg Bank upped their price target on shares of Frontier Developments from GBX 550 to GBX 600 and gave the company a “buy” rating in a research report on Thursday, November 13th. Deutsche Bank Aktiengesellschaft upgraded shares of 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. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 608.33.

Check Out Our Latest Analysis on FDEV

About Frontier Developments

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Frontier Developments (LON:FDEV)

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