Quantbot Technologies LP Acquires 389,696 Shares of Frontier Group Holdings, Inc. $ULCC

Key Points

• Quantbot Technologies boosted its stake in Frontier by 660.9% in Q3, acquiring an additional 389,696 shares to hold 448,662 shares worth about $1.98 million (≈0.20% of the company).
• Significant insider selling recently occurred — the CEO sold 100,000 shares and the SVP sold 5,000; insiders sold 254,813 shares (~$1.42M) over the last three months, though insiders still own 48% of the stock.
• Analyst sentiment and outlook: the consensus rating is "Reduce" with a $5.38 target; the stock trades at $3.90 (below its 50- and 200-day averages) after Frontier beat quarterly EPS estimates but issued negative FY2026 and Q1 2026 earnings guidance.

Quantbot Technologies LP lifted its holdings in shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC - Free Report) by 660.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 448,662 shares of the company's stock after acquiring an additional 389,696 shares during the period. Quantbot Technologies LP owned approximately 0.20% of Frontier Group worth $1,981,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Citigroup Inc. increased its holdings in Frontier Group by 14.1% during the 3rd quarter. Citigroup Inc. now owns 2,824,859 shares of the company's stock worth $12,472,000 after purchasing an additional 348,739 shares in the last quarter. American Century Companies Inc. boosted its holdings in Frontier Group by 47.7% during the 2nd quarter. American Century Companies Inc. now owns 1,145,039 shares of the company's stock worth $4,156,000 after acquiring an additional 370,051 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Frontier Group by 24.9% during the second quarter. Geode Capital Management LLC now owns 2,060,452 shares of the company's stock worth $7,481,000 after purchasing an additional 410,392 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Frontier Group by 899.0% in the second quarter. SG Americas Securities LLC now owns 349,194 shares of the company's stock valued at $1,268,000 after acquiring an additional 314,240 shares in the last quarter. Finally, Primecap Management Co. CA grew its stake in Frontier Group by 96.8% in the 2nd quarter. Primecap Management Co. CA now owns 854,900 shares of the company's stock valued at $3,103,000 after purchasing an additional 420,600 shares during the period.

Insider Activity

In related news, SVP Steve Schuller sold 5,000 shares of the firm's stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $6.00, for a total value of $30,000.00. Following the transaction, the senior vice president owned 94,926 shares of the company's stock, valued at approximately $569,556. This trade represents a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Barry Biffle sold 100,000 shares of Frontier Group stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $5.54, for a total value of $554,000.00. Following the transaction, the chief executive officer directly owned 731,836 shares in the company, valued at approximately $4,054,371.44. The trade was a 12.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 254,813 shares of company stock worth $1,422,301 over the last three months. Insiders own 48.00% of the company's stock.

Analyst Ratings Changes

ULCC has been the subject of a number of recent research reports. UBS Group reissued a "neutral" rating and issued a $6.00 target price (up from $4.00) on shares of Frontier Group in a research report on Friday, December 12th. Barclays reissued an "underweight" rating and issued a $4.00 price target (down from $6.00) on shares of Frontier Group in a report on Monday. Citigroup assumed coverage on shares of Frontier Group in a research report on Thursday, December 4th. They issued a "neutral" rating and a $5.00 price objective on the stock. Deutsche Bank Aktiengesellschaft cut Frontier Group from a "buy" rating to a "hold" rating and set a $6.00 target price on the stock. in a research note on Tuesday, February 10th. Finally, Morgan Stanley lowered their price objective on shares of Frontier Group from $9.00 to $8.00 and set an "equal weight" rating for the company in a report on Monday, December 8th. Six equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Reduce" and a consensus target price of $5.38.

Frontier Group Trading Down 1.0%

NASDAQ:ULCC opened at $3.90 on Thursday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.46 and a quick ratio of 0.41. The firm has a market capitalization of $895.48 million, a P/E ratio of -6.39, a PEG ratio of 0.69 and a beta of 2.55. The company's 50-day simple moving average is $5.04 and its 200 day simple moving average is $4.76. Frontier Group Holdings, Inc. has a one year low of $2.89 and a one year high of $7.11.

Frontier Group (NASDAQ:ULCC - Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.13. Frontier Group had a negative net margin of 3.68% and a negative return on equity of 27.39%. The business had revenue of $997.00 million during the quarter, compared to analyst estimates of $971.35 million. During the same period last year, the business earned $0.23 EPS. Frontier Group's revenue was down .5% compared to the same quarter last year. Frontier Group has set its FY 2026 guidance at -0.400-0.500 EPS and its Q1 2026 guidance at -0.440--0.260 EPS. As a group, analysts forecast that Frontier Group Holdings, Inc. will post 0.91 EPS for the current fiscal year.

About Frontier Group

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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