Frontier Group (NASDAQ:ULCC) SVP Sells $60,000.00 in Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Steve Schuller sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $6.00, for a total value of $60,000.00. Following the sale, the senior vice president directly owned 97,175 shares of the company’s stock, valued at $583,050. This represents a 9.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Frontier Group Stock Performance

NASDAQ ULCC traded up $0.36 on Tuesday, hitting $6.35. 4,720,922 shares of the stock traded hands, compared to its average volume of 4,852,404. The business’s fifty day moving average is $4.53 and its two-hundred day moving average is $4.65. Frontier Group Holdings, Inc. has a 12 month low of $3.02 and a 12 month high of $6.66. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of -3.97 and a beta of 2.60. 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 (NASDAQ:ULCC) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.07. The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.04 billion. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.Frontier Group’s revenue was up 16.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.19) earnings per share. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. As a group, equities analysts anticipate that Frontier Group Holdings, Inc. will post -1.12 EPS for the current fiscal year.

Institutional Trading of Frontier Group

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Lazard Asset Management LLC purchased a new stake in Frontier Group in the first quarter worth about $1,651,000. First Trust Advisors LP lifted its holdings in shares of Frontier Group by 65.7% during the first 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 purchased a new position in shares of Frontier Group during the first quarter valued at approximately $33,000. U S Global Investors Inc. lifted its holdings in shares of Frontier Group by 63.9% during the first quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock valued at $23,938,000 after purchasing an additional 2,643,448 shares during the last quarter. Finally, Hsbc Holdings PLC purchased a new position in shares of Frontier Group during the first quarter valued at approximately $368,000.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ULCC. UBS Group reduced their target price on Frontier Group from $6.00 to $4.00 and set a “neutral” rating on the stock in a research note on Monday, March 16th. Wall Street Zen raised Frontier Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Frontier Group in a research note on Tuesday, May 19th. Barclays reissued an “underweight” rating and issued a $4.00 target price (down from $6.00) on shares of Frontier Group in a research note on Monday, March 2nd. Finally, Citigroup raised their target price on Frontier Group from $4.90 to $5.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Five investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Frontier Group presently has an average rating of “Reduce” and an average target price of $5.07.

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.