David John Braben Sells 22,000 Shares of Frontier Developments (LON:FDEV) Stock

Key Points

• David John Braben, an insider at Frontier Developments, sold a total of 22,000 shares on August 28 at an average price of GBX 380, amounting to £83,600.
• Braben conducted several other stock sales between August 15 and August 27, culminating in significant offloading of shares totaling over £200,000 within a span of just two weeks.
• Despite recent insider selling, Frontier Developments shares opened at GBX 377, with a 52-week range of GBX 175.60 to GBX 395, reflecting a stable market presence.

Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 22,000 shares of Frontier Developments stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of GBX 380, for a total value of £83,600.

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

• On Tuesday, August 26th, David John Braben sold 5,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 380, for a total value of £19,000.
• On Wednesday, August 27th, David John Braben sold 20,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 380, for a total value of £76,000.
• On Friday, August 22nd, David John Braben sold 15,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 381, for a total value of £57,150.
• On Thursday, August 21st, David John Braben sold 5,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 381, for a total value of £19,050.
• On Wednesday, August 20th, David John Braben sold 12,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 375, for a total value of £45,000.
• On Tuesday, August 19th, David John Braben sold 15,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 375, for a total value of £56,250.
• On Monday, August 18th, David John Braben sold 10,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 373, for a total value of £37,300.
• On Friday, August 15th, David John Braben sold 12,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 371, for a total value of £44,520.
• On Thursday, August 14th, David John Braben sold 14,750 shares of Frontier Developments stock. The shares were sold at an average price of GBX 380, for a total value of £56,050.
• On Wednesday, August 13th, David John Braben sold 14,800 shares of Frontier Developments stock. The shares were sold at an average price of GBX 380, for a total value of £56,240.

Frontier Developments Trading Down 0.3%

Shares of LON FDEV traded down GBX 1 during midday trading on Friday, reaching GBX 374. The company had a trading volume of 57,071 shares, compared to its average volume of 81,149. Frontier Developments plc has a one year low of GBX 175.60 and a one year high of GBX 395. The company has a quick ratio of 2.61, a current ratio of 2.93 and a debt-to-equity ratio of 27.70. The firm's fifty day moving average price is GBX 358.91 and its 200-day moving average price is GBX 265.62. The stock has a market cap of £142.74 million, a PE ratio of 907.77, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03.

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.