Frontier Group Holdings, Inc. $ULCC Stock Position Decreased by SkyView Investment Advisors LLC

SkyView Investment Advisors LLC decreased its holdings in shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) by 93.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 37,400 shares of the company’s stock after selling 514,015 shares during the period. SkyView Investment Advisors LLC’s holdings in Frontier Group were worth $296,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of ULCC. GSA Capital Partners LLP boosted its stake in Frontier Group by 2,044.4% in the fourth quarter. GSA Capital Partners LLP now owns 318,159 shares of the company’s stock valued at $1,499,000 after acquiring an additional 303,322 shares during the period. Quantbot Technologies LP acquired a new stake in Frontier Group in the second quarter worth $888,000. U S Global Investors Inc. increased its holdings in shares of 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 worth $23,938,000 after acquiring an additional 2,643,448 shares during the period. Mountaineer Partners Management LLC acquired a new stake in shares of Frontier Group in the fourth quarter valued at approximately $4,490,000. Finally, Lazard Asset Management LLC bought a new stake in Frontier Group during the 1st quarter valued at $1,651,000.

Insider Buying and Selling

In related news, CFO Mark Mitchell sold 125,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $8.09, for a total value of $1,011,250.00. Following the sale, the chief financial officer directly owned 53,785 shares in the company, valued at $435,120.65. The trade was a 69.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Trevor Stedke sold 167,277 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $8.03, for a total transaction of $1,343,234.31. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 12,049,662 shares of company stock worth $87,026,452. 48.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have commented on ULCC. Zacks Research cut shares of Frontier Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Weiss Ratings cut shares of Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, July 30th. Citigroup raised their price objective on shares of Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Finally, Barclays dropped their target price on Frontier Group from $7.00 to $5.00 and set an “underweight” rating on the stock in a report on Friday. Six equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $6.57.

Frontier Group Trading Up 0.2%

Shares of ULCC stock opened at $5.63 on Tuesday. The stock has a 50-day simple moving average of $6.37 and a 200 day simple moving average of $5.41. The stock has a market capitalization of $1.30 billion, a P/E ratio of -3.35 and a beta of 2.57. 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 quick ratio of 0.54, a current ratio of 0.58 and a debt-to-equity ratio of 2.77.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings results on Wednesday, July 29th. The company reported ($0.10) EPS for the quarter, topping the consensus estimate 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 firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the business earned ($0.31) earnings per share. Frontier Group’s revenue for the quarter 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. On average, sell-side analysts expect that Frontier Group Holdings, Inc. will post -0.34 earnings per share for the current fiscal year.

Frontier Group Profile

Frontier Group Holdings, Inc is the parent company of Frontier Airlines, an ultra-low-cost passenger airline headquartered in Denver, Colorado. Frontier Airlines operates scheduled air transportation services, primarily connecting destinations across the United States with cities in Mexico, the Caribbean and Central America.

Frontier’s business model emphasizes low base fares and optional services. Customers can purchase additional products such as checked and carry-on baggage, advance seat assignments, priority services and other travel-related options.