Frontier Developments (LON:FDEV) Insider David John Braben Sells 6,769 Shares

Key Points

• David John Braben, an insider at Frontier Developments, sold a total of 6,769 shares on September 5th for approximately £25,451 at an average price of GBX 376.
• Braben's recent stock sales included several transactions leading up to September 5th, with cumulative sales exceeding £220,000 in just a few days.
• Frontier Developments has seen its stock fluctuate between a 12-month low of GBX 175.60 and a high of GBX 395, indicating significant volatility and market interest.

Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 6,769 shares of Frontier Developments stock in a transaction on Friday, September 5th. The stock was sold at an average price of GBX 376, for a total transaction of £25,451.44.

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

• On Thursday, September 11th, David John Braben sold 8,850 shares of Frontier Developments stock. The stock was 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 stock was 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 stock was sold at an average price of GBX 377, for a total transaction of £32,440.85.
• On Monday, September 8th, David John Braben sold 7,329 shares of Frontier Developments stock. The stock was sold at an average price of GBX 379, for a total transaction of £27,776.91.
• On Thursday, September 4th, David John Braben sold 10,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 371, for a total transaction of £37,100.
• On Wednesday, September 3rd, David John Braben sold 15,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 360, for a total transaction of £54,000.
• On Tuesday, September 2nd, David John Braben sold 14,750 shares of Frontier Developments stock. The shares were sold at an average price of GBX 360, for a total transaction of £53,100.
• On Monday, September 1st, 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 transaction of £55,500.
• On Thursday, August 28th, David John Braben sold 22,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 380, for a total transaction of £83,600.
• On Tuesday, August 26th, David John Braben sold 5,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 380, for a total transaction of £19,000.

Frontier Developments Trading Up 0.7%

Frontier Developments stock traded up GBX 2.50 during mid-day trading on Friday, reaching GBX 382.50. 92,350 shares of the company traded hands, compared to its average volume of 83,804. The company has a debt-to-equity ratio of 27.70, a current ratio of 2.93 and a quick ratio of 2.61. The firm's 50 day moving average price is GBX 370.13 and its 200 day moving average price is GBX 276.60. The firm has a market capitalization of £142.82 million, a price-to-earnings ratio of 928.40, a P/E/G ratio of 2.11 and a beta of 0.03. Frontier Developments plc has a 52-week low of GBX 175.60 and a 52-week high of GBX 397.

Frontier Developments (LON:FDEV - Get Free Report) last issued 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%. On average, analysts anticipate that Frontier Developments plc will post 7.0917759 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FDEV has been the topic of a number of recent research reports. Shore Capital reaffirmed a "buy" rating on shares of Frontier Developments in a research report on Wednesday. Deutsche Bank Aktiengesellschaft upped their target price on shares of Frontier Developments from GBX 310 to GBX 390 and gave the stock a "hold" rating in a research report on Friday. Finally, Berenberg Bank upped their target price on shares of Frontier Developments from GBX 330 to GBX 450 and gave the stock a "buy" rating in a research report on Wednesday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target 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.