Frontier Developments (LON:FDEV) Insider Sells £53,100 in Stock

Key Points

• David John Braben, an insider at Frontier Developments, sold 14,750 shares on September 2nd, totaling £53,100 at an average price of GBX 360.
• Braben's recent trades included selling over 82,000 shares in just a few weeks, with total proceeds exceeding £300,000.
• Frontier Developments' stock opened at GBX 359 and has a market cap of £137.02 million with significant gains in its 50-day average.

Frontier Developments plc (LON:FDEV - Get Free Report) insider David John Braben sold 14,750 shares of the firm's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of GBX 360, for a total value of £53,100.

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

• 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 value of £27,776.91.
• On Friday, September 5th, David John Braben sold 6,769 shares of Frontier Developments stock. The stock was sold at an average price of GBX 376, for a total value of £25,451.44.
• 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 value of £37,100.
• On Wednesday, September 3rd, David John Braben sold 15,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 360, for a total value of £54,000.
• 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 value 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 value 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 value of £19,000.
• On Wednesday, August 27th, David John Braben sold 20,000 shares of Frontier Developments stock. The shares were 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 shares were 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.

Frontier Developments Price Performance

Shares of Frontier Developments stock traded down GBX 2 during trading on Tuesday, reaching GBX 375. The company's stock had a trading volume of 79,165 shares, compared to its average volume of 82,512. The stock has a 50-day moving average price of GBX 366.99 and a two-hundred day moving average price of GBX 273.25. The company has a current ratio of 2.93, a quick ratio of 2.61 and a debt-to-equity ratio of 27.70. Frontier Developments plc has a one year low of GBX 175.60 and a one year high of GBX 395. The stock has a market capitalization of £140.02 million, a P/E ratio of 910.19, 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.