Frontier Developments (LON:FDEV) Insider David John Braben Sells 6,000 Shares of Stock

Frontier Developments plc (LON:FDEV) insider David John Braben sold 6,000 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of GBX 393, for a total value of £23,580.

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

• On Wednesday, April 15th, David John Braben sold 12,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 385, for a total value of £48,125.
• On Tuesday, April 14th, David John Braben purchased 20,000 shares of Frontier Developments stock. The shares were purchased at an average price of GBX 378 per share, for a total transaction of £75,600.
• On Monday, April 13th, David John Braben sold 12,500 shares of Frontier Developments stock. The stock was 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 stock was 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 stock was 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 shares were 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.

Frontier Developments Trading Up 1.4%

LON FDEV opened at GBX 400.50 on Friday. The company has a market cap of £141.66 million, a price-to-earnings ratio of 8.04, a P/E/G ratio of 2.11 and a beta of 0.03. Frontier Developments plc has a 52 week low of GBX 180 and a 52 week high of GBX 588.56. The business has a 50 day moving average price of GBX 380.30 and a 200-day moving average price of GBX 449.62. 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:FDEV) last released 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 expect that Frontier Developments plc will post 7.0917759 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upgraded Frontier Developments to a “buy” rating and upped their price target for the stock 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, the stock currently 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.