301,543 Frontier Group Holdings, Inc. $ULCC Shares Bought by U S Global Investors Inc.

U S Global Investors Inc. grew its holdings in Frontier Group Holdings, Inc. (NASDAQ:ULCC) by 6.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,216,198 shares of the company’s stock after purchasing an additional 301,543 shares during the quarter. Frontier Group makes up approximately 3.1% of U S Global Investors Inc.’s portfolio, making the stock its 5th largest holding. U S Global Investors Inc.’s holdings in Frontier Group were worth $31,141,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. BlackRock Inc. purchased a new position in shares of Frontier Group during the 2nd quarter worth approximately $47,205,000. Silver Point Capital L.P. acquired a new position in shares of Frontier Group during the 2nd quarter worth approximately $12,141,850. Bank of America Corp DE purchased a new stake in Frontier Group in the 2nd quarter valued at approximately $7,337,000. GSA Capital Partners LLP purchased a new stake in Frontier Group in the 2nd quarter valued at approximately $4,373,000. Finally, Primecap Management Co. CA purchased a new stake in Frontier Group in the 2nd quarter valued at approximately $3,915,000.

Wall Street Analyst Weigh In

A number of brokerages have commented on ULCC. Weiss Ratings cut Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, July 30th. UBS Group cut their price target on Frontier Group from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Thursday, September 24th. Citigroup upped their price objective on Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a research report on Friday, June 26th. Susquehanna reduced their price objective on Frontier Group from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 7th. Finally, Zacks Research lowered Frontier Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th. Six research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Frontier Group currently has a consensus rating of “Reduce” and a consensus price target of $6.29.

Frontier Group Price Performance

Frontier Group stock opened at $5.30 on Friday. The stock has a market capitalization of $1.22 billion, a P/E ratio of -3.15 and a beta of 2.64. Frontier Group Holdings, Inc. has a 12-month low of $3.02 and a 12-month high of $8.40. The company has a debt-to-equity ratio of 2.77, a current ratio of 0.58 and a quick ratio of 0.54. The firm’s 50-day moving average is $5.77 and its two-hundred day moving average is $5.81.

Frontier Group (NASDAQ:ULCC) last posted its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.47) by $0.37. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.22 billion. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 35.54%. The company’s revenue was up 37.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.31) earnings per share. 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. Equities analysts predict that Frontier Group Holdings, Inc. will post -0.53 earnings per share for the current year.

Insider Activity

In related news, SVP Steve Schuller sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $6.00, for a total transaction of $45,000.00. Following the sale, the senior vice president owned 79,675 shares in the company, valued at approximately $478,050. This trade represents a 8.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Alexandre Clerc sold 3,068 shares of Frontier Group stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $8.17, for a total transaction of $25,065.56. Following the completion of the sale, the senior vice president directly owned 37,488 shares of the company’s stock, valued at $306,276.96. The trade was a 7.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 349,662 shares of company stock valued at $2,786,452 in the last 90 days. Insiders own 48.00% of the company’s stock.

Frontier Group Profile

Frontier Group Holdings, Inc is the parent company of Frontier Airlines, an ultra-low-cost passenger airline headquartered in Denver, Colorado. The company operates a low-fare, point-to-point air transportation business, primarily serving leisure travelers and price-conscious customers.

Frontier Airlines offers scheduled flights to destinations across the United States, as well as selected locations in the Caribbean and Latin America. Its business model emphasizes low base fares with additional charges for optional services such as checked baggage, seat selection, priority boarding and other travel-related products.

Frontier Airlines traces its roots to 1994 and has expanded its network through a fleet focused largely on Airbus narrow-body aircraft.