Frontier Developments (LON:FDEV) Insider Sells £135,786.18 in Stock

Key Points

• Insider David John Braben sold 33,038 shares of Frontier Developments stock for a total value of £135,786.18 on September 25th.
• Frontier Developments' stock price increased by 5.2% recently, opening at GBX 449.79, with a market capitalization of £167.95 million.
• Analysts have a consensus rating of "Moderate Buy" for Frontier Developments, with an average price target of GBX 420.

Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 33,038 shares of the company's stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of GBX 411, for a total value of £135,786.18.

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

• On Friday, September 26th, David John Braben acquired 33,705 shares of Frontier Developments stock. The shares were bought at an average price of GBX 428 per share, for a total transaction of £144,257.40.
• 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 value of £129,712.96.
• On Tuesday, September 23rd, David John Braben sold 27,594 shares of Frontier Developments stock. The shares were sold at an average price of GBX 416, for a total value of £114,791.04.
• On Monday, September 22nd, David John Braben bought 25,330 shares of Frontier Developments stock. The stock was bought 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 value of £88,359.70.
• On Friday, September 19th, David John Braben purchased 24,028 shares of Frontier Developments stock. The shares were acquired at an average price of GBX 406 per share, for a total transaction 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 bought 8,744 shares of Frontier Developments stock. The shares were acquired at an average cost of GBX 384 per share, for a total transaction 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 stock was sold at an average price of GBX 388, for a total value of £29,654.84.

Frontier Developments Trading Up 5.2%

FDEV opened at GBX 449.79 on Monday. 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 stock has a market capitalization of £167.95 million, a price-to-earnings ratio of 1,091.72, a PEG ratio of 2.11 and a beta of 0.03. The business has a fifty day moving average price of GBX 381.04 and a 200 day moving average price of GBX 293.14. Frontier Developments plc has a 12 month low of GBX 175.60 and a 12 month high of GBX 450.

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

Wall Street Analyst Weigh In

FDEV has been the subject of several recent analyst reports. Shore Capital restated a "buy" rating on shares of Frontier Developments in a research report on Wednesday, September 10th. Berenberg Bank raised their price target on Frontier Developments from GBX 330 to GBX 450 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Frontier Developments from GBX 310 to GBX 390 and gave the company a "hold" rating in a research note on Friday, September 12th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 420.

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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