Frontier Developments (LON:FDEV) Insider Buys £75,600 in Stock

Key Points

• Insider activity: David John Braben bought 20,000 shares on April 14 at GBX 378 (cost £75,600), following a string of sales across March and early April.
• Shares opened at GBX 382 (up ~1.6%), trading below the 200‑day SMA of GBX 450.76; the company has a market cap of £135.11m and a P/E of 7.67.
• Analyst sentiment: Deutsche Bank upgraded Frontier to a "buy" and raised its target to GBX 605, while the consensus analyst target is GBX 608.33.

Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben acquired 20,000 shares of Frontier Developments stock in a transaction on Tuesday, April 14th. The stock was purchased at an average cost of GBX 378 per share, with a total value of £75,600.

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

• On Monday, April 13th, David John Braben sold 12,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 369, for a total value of £46,125.
• On Tuesday, April 7th, David John Braben sold 12,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 347, for a total value of £43,375.
• On Wednesday, April 8th, David John Braben sold 15,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 370, for a total value of £55,500.
• On Thursday, April 9th, David John Braben sold 13,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 367, for a total value of £47,710.
• On Wednesday, March 25th, David John Braben sold 9,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 346, for a total value of £31,140.
• On Tuesday, March 24th, David John Braben sold 6,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 339, for a total value of £22,035.
• On Monday, March 23rd, David John Braben sold 9,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 352, for a total value of £31,680.
• On Friday, March 20th, David John Braben sold 7,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 375, for a total value of £28,125.
• On Thursday, March 19th, David John Braben sold 9,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 364, for a total value of £32,760.
• On Wednesday, March 18th, David John Braben sold 8,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 369, for a total value of £31,365.

Frontier Developments Trading Up 1.6%

Shares of Frontier Developments stock opened at GBX 382 on Wednesday. The stock has a fifty day simple moving average of GBX 385.23 and a 200 day simple moving average of GBX 450.76. Frontier Developments plc has a 12-month low of GBX 180 and a 12-month high of GBX 588.56. The company has a market capitalization of £135.11 million, a P/E ratio of 7.67, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. The company has a current ratio of 2.83, a quick ratio of 2.61 and a debt-to-equity ratio of 19.71.

Frontier Developments (LON:FDEV - Get Free Report) last announced its quarterly earnings results on Wednesday, January 14th. The company reported GBX 21.40 earnings per share (EPS) for the quarter. Frontier Developments had a return on equity of 21.13% and a net margin of 19.43%. On average, sell-side analysts anticipate that Frontier Developments plc will post 7.0917759 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft upgraded Frontier Developments to a "buy" rating and upped their price target for the stock from GBX 580 to GBX 605 in a report on Wednesday, January 14th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of GBX 608.33.

About Frontier Developments

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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