Insider Selling: Frontier Group (NASDAQ:ULCC) SVP Sells 7,142 Shares

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Alexandre Clerc sold 7,142 shares of Frontier Group stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $7.13, for a total transaction of $50,922.46. Following the sale, the senior vice president directly owned 40,556 shares of the company’s stock, valued at $289,164.28. The trade was a 14.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Alexandre Clerc also recently made the following trade(s):

• On Tuesday, August 4th, Alexandre Clerc sold 3,068 shares of Frontier Group stock. The shares were sold at an average price of $8.17, for a total transaction of $25,065.56.
• On Tuesday, June 2nd, Alexandre Clerc sold 5,060 shares of Frontier Group stock. The shares were sold at an average price of $5.93, for a total transaction of $30,005.80.

Frontier Group Stock Performance

ULCC stock traded up $0.30 during mid-day trading on Tuesday, hitting $7.99. 5,337,531 shares of the company were exchanged, compared to its average volume of 4,742,843. Frontier Group Holdings, Inc. has a 1-year low of $3.02 and a 1-year high of $8.40. The business has a 50 day simple moving average of $6.63 and a 200-day simple moving average of $5.21. 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 PE ratio of -4.76 and a beta of 2.59.

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 analysts’ consensus estimates of ($0.47) by $0.37. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.22 billion. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The firm’s quarterly revenue was up 37.7% compared to the same quarter last year. During the same quarter last year, the company earned ($0.31) earnings per share. 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. On average, equities analysts forecast that Frontier Group Holdings, Inc. will post -0.48 earnings per share for the current year.

Institutional Trading of Frontier Group

Large investors have recently made changes to their positions in the company. Lazard Asset Management LLC bought a new position in Frontier Group in the first quarter valued at approximately $1,651,000. First Trust Advisors LP increased its stake in shares of Frontier Group by 65.7% in the 1st quarter. First Trust Advisors LP now owns 1,179,019 shares of the company’s stock valued at $4,162,000 after purchasing an additional 467,638 shares during the last quarter. Atlas Wealth LLC acquired a new position in shares of Frontier Group during the 1st quarter worth $33,000. U S Global Investors Inc. raised its holdings in shares of Frontier Group by 63.9% during the 1st quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after buying an additional 2,643,448 shares in the last quarter. Finally, Hsbc Holdings PLC bought a new stake in shares of Frontier Group during the 1st quarter worth $368,000.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ULCC shares. Citigroup lifted their target price on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. UBS Group upped their price target on shares of Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday, June 23rd. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday, June 21st. Weiss Ratings cut shares of Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday. Finally, Zacks Research raised shares of Frontier Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Frontier Group presently has a consensus rating of “Reduce” and an average price target of $6.86.

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.