Frontier Group (NASDAQ:ULCC) SVP Alexandre Clerc Sells 3,480 Shares of Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Alexandre Clerc sold 3,480 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $5.71, for a total value of $19,870.80. Following the transaction, the senior vice president directly owned 34,008 shares in the company, valued at $194,185.68. This trade represents a 9.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible 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 stock was sold at an average price of $8.17, for a total value of $25,065.56.
• On Friday, July 31st, Alexandre Clerc sold 7,142 shares of Frontier Group stock. The shares were sold at an average price of $7.13, for a total value of $50,922.46.

Frontier Group Stock Performance

Frontier Group stock opened at $5.65 on Thursday. Frontier Group Holdings, Inc. has a fifty-two week low of $3.02 and a fifty-two week high of $8.40. The stock’s 50 day simple moving average is $6.49 and its two-hundred day simple moving average is $5.40. The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.54 and a current ratio of 0.58. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of -3.36 and a beta of 2.57.

Frontier Group (NASDAQ:ULCC) last announced its earnings results on Wednesday, July 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.47) by $0.37. The firm had revenue of $1.28 billion during 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 business’s revenue was up 37.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.31) EPS. 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, analysts expect that Frontier Group Holdings, Inc. will post -0.34 earnings per share for the current fiscal year.

Institutional Trading of Frontier Group

Several institutional investors have recently added to or reduced their stakes in ULCC. AQR Capital Management LLC raised its stake in shares of Frontier Group by 46.0% in the first quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock worth $81,000 after purchasing an additional 5,913 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Frontier Group by 33.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,013,456 shares of the company’s stock worth $4,398,000 after buying an additional 251,509 shares during the last quarter. Rhumbline Advisers lifted its stake in Frontier Group by 7.1% during the 2nd quarter. Rhumbline Advisers now owns 117,984 shares of the company’s stock valued at $428,000 after acquiring an additional 7,791 shares during the period. Invesco Ltd. boosted its holdings in shares of Frontier Group by 35.1% during the 2nd quarter. Invesco Ltd. now owns 108,806 shares of the company’s stock valued at $395,000 after acquiring an additional 28,256 shares during the last quarter. Finally, First Trust Advisors LP bought a new stake in shares of Frontier Group in the second quarter worth approximately $477,000.

Analyst Upgrades and Downgrades

ULCC has been the subject of a number of research reports. Susquehanna increased their price objective on Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Barclays boosted their target price on shares of Frontier Group from $4.00 to $7.00 and gave the company an “underweight” rating in a report on Thursday, June 25th. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday, June 21st. 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 research note on Tuesday, June 23rd. Finally, 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. Six research analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Frontier Group presently has an average 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.