Dimensional Fund Advisors LP Sells 520,233 Shares of Frontier Group Holdings, Inc. $ULCC

Key Points

• Dimensional Fund Advisors reduced its Frontier Group stake by 17.5%, selling 520,233 shares and retaining 2.46 million shares worth approximately $8.7 million. Other institutions made significant purchases, including U.S. Global Investors, which increased its position by 63.9%.
• Frontier reported a quarterly loss of $0.10 per share, beating the expected $0.47 loss, while revenue rose 37.7% year over year to $1.28 billion. The stock recently traded at $7.38, near the upper half of its 52-week range.
• Analyst sentiment remains cautious: the consensus rating is “Reduce” with a $6.86 target price, despite some target increases. Insiders also sold more than 12 million shares worth roughly $87.1 million over the past 90 days.

Dimensional Fund Advisors LP reduced its holdings in shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC - Free Report) by 17.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,457,500 shares of the company's stock after selling 520,233 shares during the period. Dimensional Fund Advisors LP owned about 1.07% of Frontier Group worth $8,673,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GSA Capital Partners LLP lifted its stake in Frontier Group by 2,044.4% during the fourth quarter. GSA Capital Partners LLP now owns 318,159 shares of the company's stock worth $1,499,000 after purchasing an additional 303,322 shares during the period. Mountaineer Partners Management LLC bought a new stake in shares of Frontier Group in the 4th quarter valued at approximately $4,490,000. U S Global Investors Inc. raised its holdings in shares of Frontier Group by 63.9% in the 1st quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company's stock worth $23,938,000 after buying an additional 2,643,448 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of Frontier Group in the 1st quarter worth approximately $368,000. Finally, Brooklyn Investment Group lifted its position in shares of Frontier Group by 490.7% during the 3rd quarter. Brooklyn Investment Group now owns 10,928 shares of the company's stock worth $48,000 after buying an additional 9,078 shares during the period.

Analyst Upgrades and Downgrades

ULCC has been the topic of a number of analyst reports. Weiss Ratings cut Frontier Group from a "sell (d)" rating to a "sell (d-)" rating in a research report on Thursday, July 30th. Susquehanna boosted their target price on shares of Frontier Group from $4.50 to $7.00 and gave the company a "neutral" rating in a research note on Tuesday, July 7th. Zacks Research raised shares of Frontier Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 29th. Citigroup increased their target price on shares of Frontier Group from $5.00 to $9.00 and gave the stock a "neutral" rating in a research report on Friday, June 26th. Finally, Barclays boosted their price target on shares of Frontier Group from $4.00 to $7.00 and gave the company an "underweight" rating in a research report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, Frontier Group has an average rating of "Reduce" and a consensus target price of $6.86.

Insider Buying and Selling

In related news, major shareholder Group Holdings - Frontier Llc sold 11,700,000 shares of the firm's stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $7.20, for a total value of $84,240,000.00. Following the completion of the sale, the insider owned 22,706,526 shares of the company's stock, valued at $163,486,987.20. This trade represents a 34.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Josh A. Wetzel sold 13,500 shares of the business'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 completion of the transaction, the chief accounting officer owned 12,061 shares of the company's stock, valued at $57,289.75. This trade represents a 52.81% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 12,067,242 shares of company stock valued at $87,115,712. Insiders own 48.00% of the company's stock.

Frontier Group Price Performance

Shares of ULCC stock opened at $7.38 on Monday. The stock's fifty day moving average is $6.79 and its 200-day moving average is $5.28. The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.54 and a current ratio of 0.58. The stock has a market capitalization of $1.70 billion, a PE ratio of -4.39 and a beta of 2.59. Frontier Group Holdings, Inc. has a 52 week low of $3.02 and a 52 week high of $8.40.

Frontier Group (NASDAQ:ULCC - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.47) by $0.37. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The business had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.22 billion. During the same period in the previous year, the business posted ($0.31) earnings per share. The firm's revenue for the quarter was up 37.7% compared to the same quarter last year. 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 research analysts expect that Frontier Group Holdings, Inc. will post -0.31 EPS for the current fiscal year.

Key Frontier Group News

Here are the key news stories impacting Frontier Group this week:

• Positive Sentiment: Recent momentum remains a supporting factor. Zacks identified ULCC as a potential momentum pick after the shares advanced substantially from their 52-week low, suggesting continued investor interest in the airline’s recovery story. Zacks momentum article
• Positive Sentiment: Frontier’s latest quarterly performance exceeded expectations. The company reported a loss of $0.10 per share versus the projected $0.47 loss, while revenue reached $1.28 billion, up 37.7% year over year and above the $1.22 billion consensus estimate. Management’s guidance also indicates a possible return to profitability in the fourth quarter.
• Neutral Sentiment: Analyst sentiment remains mixed. Several firms raised their price targets, including Citigroup to $9, but most maintained neutral or bearish ratings. The overall consensus is “Reduce,” with an average target of $6.86, below recent trading levels.
• Negative Sentiment: Multiple executives sold shares in transactions conducted August 4–5. CFO Mark Christopher Mitchell sold 125,000 shares for approximately $1.01 million, reducing his holdings by nearly 70%; VP Trevor J. Stedke sold 167,277 shares for about $1.34 million; EVP Howard Diamond sold 24,195 shares; and CAO Josh Wetzel sold 2,000 shares. The combined sales totaled roughly $2.6 million and may be weighing on sentiment, particularly because of the CFO’s large reduction. Frontier Group insider selling article

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.

Want to see what other hedge funds are holding ULCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Frontier Group Holdings, Inc. (NASDAQ:ULCC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source