Frontier Group (NASDAQ:ULCC) Stock Price Down 4.3% After Insider Selling

Shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) traded down 4.3% during mid-day trading on Wednesday following insider selling activity. The stock traded as low as $6.09 and last traded at $6.0750. 167,590 shares changed hands during trading, a decline of 97% from the average session volume of 4,809,632 shares. The stock had previously closed at $6.35.

Specifically, SVP Steve Schuller sold 10,000 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $6.00, for a total value of $60,000.00. Following the transaction, the senior vice president owned 97,175 shares in the company, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Alexandre Clerc sold 5,060 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $5.93, for a total transaction of $30,005.80. Following the sale, the senior vice president owned 47,698 shares of the company’s stock, valued at approximately $282,849.14. This represents a 9.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Weiss Ratings restated a “sell (d)” rating on shares of Frontier Group in a report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft cut 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. Susquehanna boosted their target price on Frontier Group from $3.40 to $4.50 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Wall Street Zen upgraded Frontier Group from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. Finally, Barclays reaffirmed an “underweight” rating and issued a $4.00 price target (down from $6.00) on shares of Frontier Group in a research note on Monday, March 2nd. Five research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $5.07.

Frontier Group Stock Performance

The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75. The firm has a market cap of $1.41 billion, a P/E ratio of -3.84 and a beta of 2.60. The business has a fifty day simple moving average of $4.59 and a 200-day simple moving average of $4.67.

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

Institutional Investors Weigh In On Frontier Group

A number of hedge funds and other institutional investors have recently bought and sold shares of ULCC. SG Americas Securities LLC boosted its position in shares of 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 raised its stake in Frontier Group by 9.5% during the fourth quarter. Straightline Group LLC now owns 60,586 shares of the company’s stock valued at $285,000 after buying an additional 5,232 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Frontier Group by 46.0% in the first quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock worth $81,000 after acquiring an additional 5,913 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Frontier Group in the third quarter worth $27,000. Finally, Victory Capital Management Inc. increased its holdings in shares of Frontier Group by 9.5% during the third quarter. Victory Capital Management Inc. now owns 70,382 shares of the company’s stock valued at $311,000 after acquiring an additional 6,108 shares in the last quarter.

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.