Frontier Developments (LON:FDEV) Insider David John Braben Acquires 20,000 Shares of Stock

Frontier Developments plc (LON:FDEV) insider David John Braben acquired 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The stock was purchased at an average cost of GBX 378 per share, with a total value of £75,600.

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

• On Monday, April 13th, David John Braben sold 12,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 369, for a total value of £46,125.
• On Tuesday, April 7th, David John Braben sold 12,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 347, for a total value of £43,375.
• On Wednesday, April 8th, David John Braben sold 15,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 370, for a total value of £55,500.
• On Thursday, April 9th, David John Braben sold 13,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 367, for a total transaction of £47,710.
• On Wednesday, March 25th, David John Braben sold 9,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 346, for a total transaction of £31,140.
• On Tuesday, March 24th, David John Braben sold 6,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 339, for a total transaction of £22,035.
• On Monday, March 23rd, David John Braben sold 9,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 352, for a total transaction of £31,680.
• On Friday, March 20th, David John Braben sold 7,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 375, for a total transaction of £28,125.
• On Thursday, March 19th, David John Braben sold 9,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 364, for a total transaction of £32,760.
• On Wednesday, March 18th, David John Braben sold 8,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 369, for a total transaction of £31,365.

Frontier Developments Trading Up 3.5%

Shares of Frontier Developments stock opened at GBX 389 on Thursday. The company’s fifty day simple moving average is GBX 383.47 and its 200-day simple moving average is GBX 450.33. The stock has a market capitalization of £137.59 million, a PE ratio of 7.81, a P/E/G 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 debt-to-equity ratio of 19.71, a current ratio of 2.83 and a quick ratio of 2.61.

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

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft raised Frontier Developments to a “buy” rating and boosted their price target for the company from GBX 580 to GBX 605 in a report on Wednesday, January 14th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Frontier Developments presently has an average rating of “Buy” and a consensus target price of GBX 608.33.

Frontier Developments Company Profile

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.