Frontier Developments plc (LON:FDEV) Insider David John Braben Sells 14,800 Shares

Key Points

• David John Braben, an insider at Frontier Developments plc, sold a total of 14,800 shares on August 13 at an average price of GBX 380, generating a total of £56,240.
• In a series of transactions leading up to the recent sale, Braben sold nearly 83,000 shares within a week, indicating significant insider trading activity.
• As of the latest trading session, Frontier Developments stock opened at GBX 375, with a market cap of £144.05 million and a P/E ratio of -6.71, highlighting potential financial concerns.

Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 14,800 shares of Frontier Developments stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of GBX 380 ($5.16), for a total transaction of £56,240 ($76,371.54).

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

• On Tuesday, August 12th, David John Braben sold 14,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 380 ($5.16), for a total value of £55,100 ($74,823.47).
• On Monday, August 11th, David John Braben sold 11,200 shares of Frontier Developments stock. The stock was sold at an average price of GBX 385 ($5.23), for a total value of £43,120 ($58,555.13).
• On Friday, August 8th, David John Braben sold 12,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 390 ($5.30), for a total value of £46,800 ($63,552.42).
• On Wednesday, August 6th, David John Braben sold 10,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 376 ($5.11), for a total value of £37,600 ($51,059.21).
• On Thursday, August 7th, David John Braben sold 8,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 388 ($5.27), for a total value of £32,980 ($44,785.44).
• On Tuesday, August 5th, David John Braben sold 8,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 378 ($5.13), for a total transaction of £30,240 ($41,064.64).
• On Monday, August 4th, David John Braben sold 15,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 373 ($5.07), for a total transaction of £55,950 ($75,977.73).
• On Wednesday, July 30th, David John Braben sold 11,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 355 ($4.82), for a total transaction of £39,050 ($53,028.25).
• On Thursday, July 31st, David John Braben sold 11,800 shares of Frontier Developments stock. The shares were sold at an average price of GBX 364 ($4.94), for a total transaction of £42,952 ($58,327.00).
• On Tuesday, July 29th, David John Braben sold 12,750 shares of Frontier Developments stock. The stock was sold at an average price of GBX 363 ($4.93), for a total transaction of £46,282.50 ($62,849.67).

Frontier Developments Stock Performance

LON:FDEV opened at GBX 375 ($5.09) on Thursday. The firm has a 50-day moving average of GBX 338.77 and a two-hundred day moving average of GBX 251.77. 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 cap of £144.05 million, a P/E ratio of -6.71, a PEG ratio of 2.11 and a beta of 0.03. Frontier Developments plc has a 1-year low of GBX 175.60 ($2.38) and a 1-year high of GBX 395 ($5.36).

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.