Frontier Group (NASDAQ:ULCC) SVP Sells $60,000.00 in Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Steve Schuller sold 10,000 shares of Frontier Group stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $6.00, for a total transaction of $60,000.00. Following the transaction, the senior vice president owned 97,175 shares of the company’s stock, valued at $583,050. The trade was a 9.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Frontier Group Stock Up 6.0%

Shares of ULCC stock traded up $0.36 during trading hours on Tuesday, hitting $6.35. 4,720,922 shares of the company’s stock traded hands, compared to its average volume of 4,852,404. The stock’s fifty day simple moving average is $4.53 and its two-hundred day simple moving average is $4.65. Frontier Group Holdings, Inc. has a 12-month low of $3.02 and a 12-month high of $6.66. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of -3.97 and a beta of 2.60. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75.

Frontier Group (NASDAQ:ULCC) last released its earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.37) by $0.07. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same period last year, the business earned ($0.19) earnings per share. The business’s revenue was up 16.8% on a year-over-year basis. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, analysts expect that Frontier Group Holdings, Inc. will post -1.12 EPS for the current year.

Institutional Investors Weigh In On Frontier Group

A number of large investors have recently added to or reduced their stakes in ULCC. AQR Capital Management LLC grew its position in Frontier Group by 46.0% in the 1st quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock worth $81,000 after purchasing an additional 5,913 shares during the period. Goldman Sachs Group Inc. grew its position in Frontier Group by 33.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,013,456 shares of the company’s stock worth $4,398,000 after purchasing an additional 251,509 shares during the period. Rhumbline Advisers grew its position in Frontier Group by 7.1% in the 2nd quarter. Rhumbline Advisers now owns 117,984 shares of the company’s stock worth $428,000 after purchasing an additional 7,791 shares during the period. Invesco Ltd. grew its position in Frontier Group by 35.1% in the 2nd quarter. Invesco Ltd. now owns 108,806 shares of the company’s stock worth $395,000 after purchasing an additional 28,256 shares during the period. Finally, First Trust Advisors LP bought a new stake in Frontier Group in the 2nd quarter worth approximately $477,000.

Analyst Ratings Changes

ULCC has been the subject of a number of recent analyst reports. UBS Group decreased their price objective on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a report on Monday, March 16th. Susquehanna boosted their price objective on shares of Frontier Group from $3.40 to $4.50 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Barclays restated an “underweight” rating and issued a $4.00 price objective (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Wall Street Zen upgraded shares of Frontier Group from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Frontier Group in a report on Tuesday, May 19th. Five research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $5.07.

Frontier Group Company Profile

Frontier Group, trading on Nasdaq under the ticker ULCC, is the holding company for Frontier Airlines, an ultra-low-cost carrier based in Denver, Colorado. The company’s core business centers on providing no-frills air travel across a point-to-point network while generating ancillary revenue from add-on services such as baggage fees, seat selection, priority boarding and in-flight refreshments. This fare-plus-a-la-carte model allows Frontier to offer competitive base fares and maintain low operating costs.

Founded in February 1994 by industry veterans Andrew Levy and Russell Beardsmore, Frontier Airlines commenced operations with a small fleet of MD-80 aircraft.