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 completion of the transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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 Performance

NASDAQ ULCC opened at $7.95 on Thursday. The company has a market cap of $1.83 billion, a P/E ratio of -4.73 and a beta of 2.59. The business’s 50 day moving average price is $6.73 and its 200-day moving average price is $5.25. Frontier Group Holdings, Inc. has a fifty-two week low of $3.02 and a fifty-two week high of $8.40. The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.54 and a current ratio of 0.58.

Frontier Group (NASDAQ:ULCC) last posted its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.47) by $0.37. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 35.54%. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the previous year, the business posted ($0.31) earnings per share. The business’s revenue was up 37.7% compared to the same quarter last year. 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. Sell-side analysts predict that Frontier Group Holdings, Inc. will post -0.31 earnings per share for the current year.

Institutional Investors Weigh In On Frontier Group

Hedge funds have recently made changes to their positions in the stock. U S Global Investors Inc. raised its stake in Frontier Group by 63.9% in the 1st 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. Balyasny Asset Management L.P. acquired a new stake in shares of Frontier Group in the second quarter valued at about $5,387,000. Mountaineer Partners Management LLC purchased a new position in shares of Frontier Group in the fourth quarter worth about $4,490,000. Bank of America Corp DE lifted its stake in shares of Frontier Group by 39.2% in the third quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock worth $13,366,000 after buying an additional 852,798 shares in the last quarter. Finally, HRT Financial LP boosted its position in Frontier Group by 932.1% during the fourth quarter. HRT Financial LP now owns 817,425 shares of the company’s stock worth $3,850,000 after acquiring an additional 738,228 shares during the last quarter.

Analysts Set New Price Targets

A number of analysts have recently issued reports on ULCC shares. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Barclays raised their price target on shares of Frontier Group from $4.00 to $7.00 and gave the stock an “underweight” rating in a research note on Thursday, June 25th. Weiss Ratings cut shares of Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, July 30th. Susquehanna raised their target price on shares of Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. Finally, Zacks Research upgraded Frontier Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Frontier Group has a consensus rating of “Reduce” and an average target price of $6.86.

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.