Frontier Group (NASDAQ:ULCC) SVP Alexandre Clerc Sells 5,060 Shares

Frontier Group Holdings, Inc. (NASDAQ:ULCCGet Free Report) SVP Alexandre Clerc sold 5,060 shares of Frontier Group stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $5.93, for a total value of $30,005.80. Following the completion of the transaction, the senior vice president owned 47,698 shares of the company’s stock, valued at approximately $282,849.14. The trade was a 9.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Frontier Group Trading Up 2.6%

Shares of ULCC opened at $5.85 on Friday. The stock has a fifty day moving average price of $4.44 and a two-hundred day moving average price of $4.62. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.44 and a current ratio of 0.49. Frontier Group Holdings, Inc. has a 52-week low of $3.02 and a 52-week high of $6.66. The company has a market cap of $1.34 billion, a price-to-earnings ratio of -3.66 and a beta of 2.60.

Frontier Group (NASDAQ:ULCCGet Free Report) last issued its quarterly earnings data 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 return on equity of 39.20% and a negative net margin of 9.62%.The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the previous year, the company posted ($0.19) EPS. The business’s revenue for the quarter 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. Analysts predict that Frontier Group Holdings, Inc. will post -1.12 EPS for the current fiscal year.

Hedge Funds Weigh In On Frontier Group

Large investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Frontier Group during the third quarter valued at $27,000. Quarry LP acquired a new position in shares of Frontier Group during the fourth quarter valued at $34,000. Atlas Wealth LLC acquired a new position in shares of Frontier Group during the first quarter valued at $33,000. Brooklyn Investment Group lifted its stake in shares of Frontier Group by 490.7% during the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock valued at $48,000 after acquiring an additional 9,078 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of Frontier Group during the third quarter valued at $49,000.

Analyst Upgrades and Downgrades

ULCC has been the subject of several research analyst reports. UBS Group cut their price objective on Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a research report on Monday, March 16th. Weiss Ratings reiterated a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday, May 19th. Citigroup lifted their price objective on Frontier Group from $4.90 to $5.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Barclays reiterated an “underweight” rating and issued a $4.00 price objective (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft cut Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 target price for the company. in a research note on Tuesday, February 10th. Five research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $5.07.

Check Out Our Latest Analysis on ULCC

Frontier Group Company Profile

(Get Free Report)

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.

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