Frontier Group (NASDAQ:ULCC) SVP Steve Schuller Sells 7,500 Shares of Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Steve Schuller sold 7,500 shares of Frontier Group stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $6.00, for a total transaction of $45,000.00. Following the completion of the sale, the senior vice president directly owned 79,675 shares in the company, valued at approximately $478,050. This represents a 8.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Steve Schuller also recently made the following trade(s):

• On Monday, August 3rd, Steve Schuller sold 10,000 shares of Frontier Group stock. The shares were sold at an average price of $7.55, for a total transaction of $75,500.00.

Frontier Group Trading Down 1.4%

Shares of ULCC stock opened at $5.65 on Thursday. The company has a quick ratio of 0.54, a current ratio of 0.58 and a debt-to-equity ratio of 2.77. The firm has a market cap of $1.30 billion, a P/E ratio of -3.36 and a beta of 2.57. The company has a 50 day moving average of $6.49 and a 200-day moving average of $5.40. Frontier Group Holdings, Inc. has a 12-month low of $3.02 and a 12-month high of $8.40.

Frontier Group (NASDAQ:ULCC) last posted its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) EPS for the quarter, beating the consensus estimate of ($0.47) by $0.37. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the business earned ($0.31) earnings per share. Frontier Group’s revenue for the quarter was up 37.7% on a year-over-year basis. Frontier Group has set its Q4 2026 guidance at 0.000-0.200 EPS and its Q3 2026 guidance at -0.100-0.100 EPS. Sell-side analysts anticipate that Frontier Group Holdings, Inc. will post -0.34 earnings per share for the current year.

Hedge Funds Weigh In On Frontier Group

Several hedge funds have recently bought and sold shares of the company. U S Global Investors Inc. lifted its stake in Frontier Group by 63.9% in the 1st quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after purchasing an additional 2,643,448 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Frontier Group during the 2nd quarter valued at $47,205,000. Dimensional Fund Advisors LP increased its holdings in shares of Frontier Group by 5.5% in the third quarter. Dimensional Fund Advisors LP now owns 4,044,167 shares of the company’s stock worth $17,860,000 after purchasing an additional 209,154 shares during the period. Bank of America Corp DE increased its holdings in shares of Frontier Group by 39.2% in the third quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock worth $13,366,000 after purchasing an additional 852,798 shares during the period. Finally, Balyasny Asset Management L.P. raised its position in shares of Frontier Group by 48.4% in the third quarter. Balyasny Asset Management L.P. now owns 2,202,219 shares of the company’s stock worth $9,723,000 after buying an additional 718,147 shares in the last quarter.

Analyst Upgrades and Downgrades

ULCC has been the subject of several recent research reports. Zacks Research lowered Frontier Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 27th. Wall Street Zen upgraded shares of Frontier Group from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Citigroup upped their price target on shares of Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Susquehanna raised their price objective on shares of Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Finally, Weiss Ratings lowered shares of Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, July 30th. Six research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $6.86.

About Frontier Group

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.