Insider Selling: Frontier Group (NASDAQ:ULCC) CAO Sells $64,125.00 in Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) CAO Josh Wetzel sold 13,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $4.75, for a total transaction of $64,125.00. Following the sale, the chief accounting officer owned 12,061 shares of the company’s stock, valued at approximately $57,289.75. The trade was a 52.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Frontier Group Trading Up 1.4%

Shares of ULCC stock opened at $4.95 on Friday. The company has a 50 day moving average of $4.01 and a 200-day moving average of $4.50. 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 Holdings, Inc. has a 12-month low of $3.02 and a 12-month high of $6.66. The firm has a market cap of $1.14 billion, a P/E ratio of -3.09 and a beta of 2.41.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same quarter last year, the business posted ($0.19) EPS. Frontier Group’s quarterly revenue was up 16.8% compared to the same quarter last year. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. Sell-side analysts anticipate that Frontier Group Holdings, Inc. will post -1.12 earnings per share for the current year.

Institutional Trading of Frontier Group

Several institutional investors and hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC lifted its stake in Frontier Group by 4.5% in the 4th quarter. SG Americas Securities LLC now owns 115,962 shares of the company’s stock worth $546,000 after purchasing an additional 4,995 shares in the last quarter. Straightline Group LLC lifted its stake in Frontier Group by 9.5% in the 4th quarter. Straightline Group LLC now owns 60,586 shares of the company’s stock worth $285,000 after purchasing an additional 5,232 shares in the last quarter. AQR Capital Management LLC lifted its stake 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 in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Frontier Group in the 3rd quarter worth approximately $27,000. Finally, Victory Capital Management Inc. lifted its stake in Frontier Group by 9.5% in the 3rd quarter. Victory Capital Management Inc. now owns 70,382 shares of the company’s stock worth $311,000 after purchasing an additional 6,108 shares in the last quarter.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. UBS Group decreased their price target on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, March 16th. Deutsche Bank Aktiengesellschaft downgraded shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a report on Tuesday, February 10th. Wall Street Zen raised shares of Frontier Group from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. Susquehanna raised 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. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Frontier Group in a report on Tuesday. Five investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $5.07.

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.