Frontier Developments (LON:FDEV) Insider Acquires £144,257.40 in Stock

Key Points

• Insider David John Braben purchased 33,705 shares of Frontier Developments at an average price of GBX 428 per share, totaling £144,257.40 on September 26th.
• Braben has been active in trading, having sold several shares recently, with total transactions exceeding £400,000 over multiple days in September.
• Frontier Developments currently has a market capitalization of £167.65 million and faces analysts' ratings of "Moderate Buy," with target prices ranging from GBX 390 to GBX 450.

Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben purchased 33,705 shares of the stock in a transaction that occurred on Friday, September 26th. The stock was bought at an average cost of GBX 428 per share, for a total transaction of £144,257.40.

David John Braben also recently made the following trade(s):

• On Wednesday, September 24th, David John Braben sold 31,181 shares of Frontier Developments stock. The stock was sold at an average price of GBX 416, for a total transaction of £129,712.96.
• On Tuesday, September 23rd, David John Braben sold 27,594 shares of Frontier Developments stock. The stock was sold at an average price of GBX 416, for a total transaction of £114,791.04.
• On Monday, September 22nd, David John Braben acquired 25,330 shares of Frontier Developments stock. The stock was acquired at an average price of GBX 418 per share, with a total value of £105,879.40.
• On Thursday, September 18th, David John Braben sold 21,710 shares of Frontier Developments stock. The shares were sold at an average price of GBX 407, for a total transaction of £88,359.70.
• On Friday, September 19th, David John Braben acquired 24,028 shares of Frontier Developments stock. The stock was acquired at an average price of GBX 406 per share, with a total value of £97,553.68.
• On Wednesday, September 17th, David John Braben sold 15,635 shares of Frontier Developments stock. The shares were sold at an average price of GBX 408, for a total transaction of £63,790.80.
• On Friday, September 12th, David John Braben acquired 8,744 shares of Frontier Developments stock. The stock was acquired at an average price of GBX 384 per share, with a total value of £33,576.96.
• On Thursday, September 11th, David John Braben sold 8,850 shares of Frontier Developments stock. The shares were sold at an average price of GBX 388, for a total transaction of £34,338.
• On Wednesday, September 10th, David John Braben sold 7,643 shares of Frontier Developments stock. The shares were sold at an average price of GBX 388, for a total transaction of £29,654.84.
• On Tuesday, September 9th, David John Braben sold 8,605 shares of Frontier Developments stock. The shares were sold at an average price of GBX 377, for a total transaction of £32,440.85.

Frontier Developments Stock Performance

LON FDEV opened at GBX 449 on Monday. Frontier Developments plc has a 52-week low of GBX 175.60 and a 52-week high of GBX 450. The company has a debt-to-equity ratio of 27.70, a quick ratio of 2.61 and a current ratio of 2.93. The company has a market capitalization of £167.65 million, a P/E ratio of 1,089.81, a P/E/G ratio of 2.11 and a beta of 0.03. The company has a fifty day moving average of GBX 381.04 and a 200-day moving average of GBX 293.14.

Frontier Developments (LON:FDEV - Get Free Report) last posted its quarterly earnings data on Wednesday, September 10th. The company reported GBX 42.40 earnings per share (EPS) for the quarter. Frontier Developments had a negative net margin of 24.05% and a negative return on equity of 30.43%. As a group, equities research analysts predict that Frontier Developments plc will post 7.0917759 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on FDEV. Berenberg Bank upped their price objective on shares of Frontier Developments from GBX 330 to GBX 450 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Shore Capital reaffirmed a "buy" rating on shares of Frontier Developments in a research note on Wednesday, September 10th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Frontier Developments from GBX 310 to GBX 390 and gave the company a "hold" rating in a research note on Friday, September 12th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 420.

Frontier Developments Company Profile

Frontier is a leading independent developer and publisher of video games for PC and console, creating immersive and fun gameplay, with unparalleled artistic quality. At Frontier, we specialise in creating endless possibilities in playful, fun and creative worlds. From some of the world's biggest licensed entertainment and sporting franchises, to intricately crafted worlds where players can explore and make their mark, our games are all underpinned by our unwavering passion for creating compelling and innovative experiences that continue to inspire and delight our players. We have created games that have defined genres, been critically acclaimed, and reached many millions of players.

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