Steve Schuller Sells 10,000 Shares of Frontier Group (NASDAQ:ULCC) Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Steve Schuller sold 10,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $7.55, for a total transaction of $75,500.00. Following the sale, the senior vice president directly owned 87,175 shares of the company’s stock, valued at approximately $658,171.25. The trade was a 10.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Steve Schuller also recently made the following trade(s):

• On Friday, June 5th, Steve Schuller sold 10,000 shares of Frontier Group stock. The stock was sold at an average price of $6.00, for a total value of $60,000.00.

Frontier Group Stock Up 3.9%

Shares of ULCC traded up $0.30 during midday trading on Tuesday, hitting $7.99. 5,337,531 shares of the company’s stock traded hands, compared to its average volume of 4,742,843. The company has a current ratio of 0.58, a quick ratio of 0.54 and a debt-to-equity ratio of 2.77. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of -4.76 and a beta of 2.59. Frontier Group Holdings, Inc. has a 1 year low of $3.02 and a 1 year high of $8.40. The firm’s fifty day moving average is $6.63 and its 200-day moving average is $5.21.

Frontier Group (NASDAQ:ULCC) last announced its earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.47) by $0.37. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the previous year, the business earned ($0.31) EPS. The firm’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, sell-side analysts anticipate that Frontier Group Holdings, Inc. will post -0.48 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ULCC shares. UBS Group boosted their price target on Frontier Group from $4.00 to $7.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 23rd. Citigroup lifted their target price on shares of Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a research note on Friday, June 26th. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday, June 21st. Susquehanna upped their price target on shares of Frontier Group from $4.50 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings cut shares of Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $6.86.

Institutional Trading of Frontier Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ULCC. Caitong International Asset Management Co. Ltd purchased a new stake in Frontier Group during the 3rd quarter valued at about $27,000. Quarry LP purchased a new position in shares of Frontier Group in the fourth quarter worth about $34,000. Atlas Wealth LLC acquired a new stake in shares of Frontier Group during the first quarter worth about $33,000. Brooklyn Investment Group lifted its holdings in shares of Frontier Group by 490.7% during the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock worth $48,000 after purchasing an additional 9,078 shares during the period. Finally, Numerai GP LLC purchased a new stake in Frontier Group in the third quarter valued at approximately $61,000.

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.