Insider Selling: Frontier Group (NASDAQ:ULCC) Major Shareholder Sells $84,240,000.00 in Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) major shareholder Group Holdings – Frontier Llc sold 11,700,000 shares of the stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $7.20, for a total value of $84,240,000.00. Following the transaction, the insider owned 22,706,526 shares of the company’s stock, valued at $163,486,987.20. The trade was a 34.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Frontier Group Price Performance

Shares of NASDAQ ULCC opened at $6.54 on Thursday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.44 and a current ratio of 0.49. Frontier Group Holdings, Inc. has a fifty-two week low of $3.02 and a fifty-two week high of $8.40. The stock has a market cap of $1.50 billion, a PE ratio of -4.09 and a beta of 2.56. The stock has a fifty day moving average of $6.24 and a 200-day moving average of $5.07.

Frontier Group (NASDAQ:ULCC) last issued its earnings results on Tuesday, May 5th. The company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.37) by $0.07. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the company earned ($0.19) EPS. The firm’s revenue was up 16.8% compared to the same quarter last year. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. Equities research analysts anticipate that Frontier Group Holdings, Inc. will post -0.8 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ULCC has been the subject of several research analyst reports. Citigroup lifted their price objective on Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Susquehanna lifted their price target on Frontier Group from $4.50 to $7.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. Barclays lifted their target price on shares of Frontier Group from $4.00 to $7.00 and gave the company an “underweight” rating in a research report on Thursday, June 25th. UBS Group increased their price target on shares of Frontier Group from $4.00 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, June 23rd. Finally, Wall Street Zen upgraded shares of Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday, June 21st. Five analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $6.86.

Hedge Funds Weigh In On Frontier Group

Large investors have recently bought and sold shares of the stock. GSA Capital Partners LLP lifted its stake in shares of Frontier Group by 2,044.4% in the 4th quarter. GSA Capital Partners LLP now owns 318,159 shares of the company’s stock valued at $1,499,000 after purchasing an additional 303,322 shares during the period. Mountaineer Partners Management LLC purchased a new stake in Frontier Group in the fourth quarter worth $4,490,000. U S Global Investors Inc. raised its holdings in Frontier Group by 63.9% in the first quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after purchasing an additional 2,643,448 shares in the last quarter. First Trust Advisors LP raised its holdings in Frontier Group by 65.7% in the first quarter. First Trust Advisors LP now owns 1,179,019 shares of the company’s stock worth $4,162,000 after purchasing an additional 467,638 shares in the last quarter. Finally, Atlas Wealth LLC purchased a new position in Frontier Group during the first quarter valued at $33,000.

Frontier Group Company Profile

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.