Capital Fund Management S.A. Takes Position in Frontdoor Inc. $FTDR

Key Points

• Capital Fund Management S.A. has acquired a new stake in Frontdoor Inc., purchasing 22,601 shares valued at approximately $868,000 in the first quarter of the year.
• Insider trading reveals that SVP Jeffrey Fiarman sold 129,673 shares, representing a significant 78.92% decrease in his ownership, with the shares sold totaling over $7.28 million.
• Frontdoor reported a strong Q2 earnings performance, with $1.63 EPS exceeding analyst estimates and revenue of $617 million, marking a 13.8% year-over-year increase.

Capital Fund Management S.A. bought a new stake in Frontdoor Inc. (NASDAQ:FTDR - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 22,601 shares of the company's stock, valued at approximately $868,000.

Several other institutional investors also recently bought and sold shares of the company. Hsbc Holdings PLC boosted its stake in Frontdoor by 46.2% in the first quarter. Hsbc Holdings PLC now owns 38,008 shares of the company's stock valued at $1,432,000 after acquiring an additional 12,015 shares in the last quarter. Andina Capital Management LLC acquired a new stake in Frontdoor in the first quarter valued at approximately $353,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in Frontdoor by 8.2% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 662,295 shares of the company's stock valued at $25,445,000 after acquiring an additional 50,120 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in Frontdoor by 33.1% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 2,752,723 shares of the company's stock valued at $105,760,000 after acquiring an additional 685,148 shares in the last quarter. Finally, Pinnacle Wealth Management LLC acquired a new stake in Frontdoor in the first quarter valued at approximately $528,000.

Frontdoor Stock Performance

Shares of FTDR stock traded up $0.37 during trading hours on Monday, hitting $60.75. The company's stock had a trading volume of 774,757 shares, compared to its average volume of 720,552. The company has a 50 day moving average of $58.61 and a 200 day moving average of $51.37. The stock has a market cap of $4.43 billion, a PE ratio of 17.92 and a beta of 1.34. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 4.56. Frontdoor Inc. has a 12-month low of $35.61 and a 12-month high of $64.91.

Frontdoor (NASDAQ:FTDR - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $1.63 EPS for the quarter, beating the consensus estimate of $1.44 by $0.19. The business had revenue of $617.00 million for the quarter, compared to the consensus estimate of $602.62 million. Frontdoor had a net margin of 13.07% and a return on equity of 125.21%. The business's revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.27 EPS. Frontdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts forecast that Frontdoor Inc. will post 3.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FTDR has been the subject of several recent analyst reports. Truist Financial raised their target price on shares of Frontdoor from $67.00 to $71.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. JPMorgan Chase & Co. lifted their price objective on shares of Frontdoor from $50.00 to $55.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 3rd. Zacks Research raised Frontdoor from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 27th. The Goldman Sachs Group raised their target price on Frontdoor from $44.00 to $50.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Finally, Oppenheimer boosted their price target on Frontdoor from $56.00 to $63.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $59.75.

Insider Activity at Frontdoor

In other news, SVP Jeffrey Fiarman sold 129,673 shares of the company's stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $56.15, for a total value of $7,281,138.95. Following the sale, the senior vice president directly owned 34,646 shares of the company's stock, valued at $1,945,372.90. This represents a 78.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.48% of the stock is owned by company insiders.

About Frontdoor

Frontdoor, Inc provides home warranties in the United States in the United States. Its customizable home warranties help customers protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. The company's home warranty customers subscribe to an annual service plan agreement that covers the repair or replacement of principal components of approximately 20 home systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as electronics, pools, and spas and pumps; and heating, ventilation, and air conditioning systems.