Frontier Group Holdings, Inc. $ULCC Shares Sold by SkyView Investment Advisors LLC

Key Points

• SkyView Investment Advisors cut its Frontier Group stake by 93.2% in the second quarter, selling 514,015 shares and retaining 37,400 shares valued at approximately $296,000. Several other institutional investors initiated smaller positions.
• Frontier reported a quarterly loss of $0.10 per share, beating estimates of a $0.47 loss, while revenue rose 37.7% year over year to $1.28 billion. Despite the improvement, the company remains unprofitable, with a negative net margin of 9.29%.
• Analyst sentiment remains cautious: six analysts rate ULCC as a Hold and three as Sell, producing a consensus “Reduce” rating and a $6.57 target price. Shares recently opened at $5.63, while insiders have sold more than 12 million shares over the past three months.

SkyView Investment Advisors LLC reduced its position in Frontier Group Holdings, Inc. (NASDAQ:ULCC - Free Report) by 93.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,400 shares of the company's stock after selling 514,015 shares during the quarter. SkyView Investment Advisors LLC's holdings in Frontier Group were worth $296,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ULCC. Integrated Wealth Concepts LLC acquired a new position in shares of Frontier Group during the second quarter worth about $28,000. Atlas Wealth LLC acquired a new position in Frontier Group during the 1st quarter worth approximately $33,000. Allworth Financial LP purchased a new position in Frontier Group in the 2nd quarter worth approximately $43,000. Legal & General Group Plc purchased a new position in Frontier Group in the 2nd quarter worth approximately $46,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Frontier Group in the first quarter valued at approximately $60,000.

Frontier Group Price Performance

Shares of ULCC stock opened at $5.63 on Tuesday. The firm has a fifty day moving average of $6.37 and a two-hundred day moving average of $5.41. The firm has a market cap of $1.30 billion, a P/E ratio of -3.35 and a beta of 2.57. Frontier Group Holdings, Inc. has a 1-year low of $3.02 and a 1-year high of $8.40. The company has a debt-to-equity ratio of 2.77, a current ratio of 0.58 and a quick ratio of 0.54.

Frontier Group (NASDAQ:ULCC - Get Free Report) last issued its 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. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.22 billion. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 35.54%. The company's revenue for the quarter was up 37.7% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.31) EPS. 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. As a group, research analysts anticipate that Frontier Group Holdings, Inc. will post -0.34 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP Steve Schuller sold 7,500 shares of Frontier Group stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $6.00, for a total value of $45,000.00. Following the completion of the transaction, the senior vice president owned 79,675 shares in the company, valued at approximately $478,050. This trade represents a 8.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Trevor J. Stedke sold 167,277 shares of the company's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $8.03, for a total value of $1,343,234.31. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 12,049,662 shares of company stock valued at $87,026,452 over the last three months. Company insiders own 48.00% of the company's stock.

Analysts Set New Price Targets

ULCC has been the topic of a number of analyst reports. Barclays dropped their price objective on shares of Frontier Group from $7.00 to $5.00 and set an "underweight" rating on the stock in a research note on Friday. Citigroup upped their target price on shares of Frontier Group from $5.00 to $9.00 and gave the company a "neutral" rating in a research note on Friday, June 26th. UBS Group raised their price target on shares of Frontier Group from $4.00 to $7.00 and gave the company a "neutral" rating in a report on Tuesday, June 23rd. Weiss Ratings downgraded shares of Frontier Group from a "sell (d)" rating to a "sell (d-)" rating in a research note on Thursday, July 30th. Finally, Susquehanna boosted their price objective on shares of Frontier Group from $4.50 to $7.00 and gave the stock a "neutral" rating in a report on Tuesday, July 7th. Six analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Frontier Group presently has an average rating of "Reduce" and a consensus target price of $6.57.

Frontier Group Profile

Frontier Group Holdings, Inc is the parent company of Frontier Airlines, an ultra-low-cost passenger airline headquartered in Denver, Colorado. Frontier Airlines operates scheduled air transportation services, primarily connecting destinations across the United States with cities in Mexico, the Caribbean and Central America.

Frontier's business model emphasizes low base fares and optional services. Customers can purchase additional products such as checked and carry-on baggage, advance seat assignments, priority services and other travel-related options.

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