Frontier Group (NASDAQ:ULCC) VP Sells $1,343,234.31 in Stock

Key Points

• Frontier Group VP Trevor Stedke sold 167,277 shares at an average price of $8.03, generating proceeds of approximately $1.34 million.
• ULCC shares fell 4.7% to $7.58, though the stock remains near its 12-month high of $8.40 and above its 50-day and 200-day moving averages.
• Frontier reported better-than-expected quarterly results, with an adjusted loss of $0.10 per share and revenue of $1.28 billion, up 37.7% year over year. Despite some analyst upgrades, the consensus rating remains “Reduce,” with an average price target of $6.86.

Frontier Group Holdings, Inc. (NASDAQ:ULCC - Get Free Report) VP Trevor Stedke sold 167,277 shares of the company's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $8.03, for a total transaction of $1,343,234.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Frontier Group Trading Down 4.7%

Shares of NASDAQ ULCC traded down $0.37 during trading on Thursday, reaching $7.58. The company had a trading volume of 3,339,362 shares, compared to its average volume of 4,728,884. The company's fifty day moving average price is $6.73 and its 200-day moving average price is $5.25. Frontier Group Holdings, Inc. has a 12 month low of $3.02 and a 12 month high of $8.40. The stock has a market cap of $1.75 billion, a P/E ratio of -4.51 and a beta of 2.59. The company has a quick ratio of 0.54, a current ratio of 0.58 and a debt-to-equity ratio of 2.77.

Frontier Group (NASDAQ:ULCC - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.47) by $0.37. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 35.54%. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the previous year, the business earned ($0.31) earnings per share. Frontier Group's revenue for the quarter was up 37.7% on a year-over-year basis. Frontier Group has set its Q4 2026 guidance at 0.000-0.200 EPS and its Q3 2026 guidance at -0.100-0.100 EPS. As a group, research analysts expect that Frontier Group Holdings, Inc. will post -0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ULCC shares. Citigroup boosted their target price on shares of Frontier Group from $5.00 to $9.00 and gave the company a "neutral" rating in a research report on Friday, June 26th. Wall Street Zen upgraded Frontier Group from a "sell" rating to a "hold" rating in a research note on Sunday, June 21st. Weiss Ratings lowered Frontier Group from a "sell (d)" rating to a "sell (d-)" rating in a report on Thursday, July 30th. Susquehanna boosted their price objective on Frontier Group from $4.50 to $7.00 and gave the company a "neutral" rating in a report on Tuesday, July 7th. Finally, Zacks Research upgraded Frontier Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average price target of $6.86.

Institutional Trading of Frontier Group

A number of large investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd purchased a new stake in Frontier Group during the third quarter valued at about $27,000. Atlas Wealth LLC purchased a new stake in shares of Frontier Group during the first quarter worth $33,000. Quarry LP purchased a new stake in shares of Frontier Group during the fourth quarter worth $34,000. Brooklyn Investment Group boosted its holdings in shares of Frontier Group by 490.7% in the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company's stock worth $48,000 after acquiring an additional 9,078 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Frontier Group in the first quarter worth $60,000.

About Frontier Group

Frontier Group, trading on Nasdaq under the ticker ULCC, is the holding company for Frontier Airlines, an ultra-low-cost carrier based in Denver, Colorado. The company’s core business centers on providing no-frills air travel across a point-to-point network while generating ancillary revenue from add-on services such as baggage fees, seat selection, priority boarding and in-flight refreshments. This fare-plus-a-la-carte model allows Frontier to offer competitive base fares and maintain low operating costs.

Founded in February 1994 by industry veterans Andrew Levy and Russell Beardsmore, Frontier Airlines commenced operations with a small fleet of MD-80 aircraft.

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