Frontier Developments (LON:FDEV) Insider David John Braben Sells 12,500 Shares

Frontier Developments plc (LON:FDEV) insider David John Braben sold 12,500 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of GBX 385, for a total transaction of £48,125.

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

• On Tuesday, April 14th, David John Braben acquired 20,000 shares of Frontier Developments stock. The stock was purchased at an average cost of GBX 378 per share, with a total value of £75,600.
• 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 stock was sold at an average price of GBX 367, for a total value 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 value of £31,140.
• On Tuesday, March 24th, David John Braben sold 6,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 339, for a total value of £22,035.
• On Monday, March 23rd, David John Braben sold 9,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 352, for a total value 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 value of £28,125.
• On Thursday, March 19th, David John Braben sold 9,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 364, for a total value of £32,760.

Frontier Developments Stock Up 1.5%

LON:FDEV opened at GBX 395 on Friday. Frontier Developments plc has a twelve month low of GBX 180 and a twelve month high of GBX 588.56. The company has a market cap of £139.71 million, a price-to-earnings ratio of 7.93, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. The stock has a fifty day simple moving average of GBX 381.83 and a 200-day simple moving average of GBX 449.95. The company has a current ratio of 2.83, a quick ratio of 2.61 and a debt-to-equity ratio of 19.71.

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

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Frontier Developments to a “buy” rating and upped their target price for the stock from GBX 580 to GBX 605 in a research note 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 an average 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.