Frontier Group Holdings, Inc. $ULCC Holdings Increased by U S Global Investors Inc.

U S Global Investors Inc. grew its position in Frontier Group Holdings, Inc. (NASDAQ:ULCC) by 6.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,216,198 shares of the company’s stock after acquiring an additional 301,543 shares during the period. Frontier Group comprises 3.1% of U S Global Investors Inc.’s portfolio, making the stock its 5th largest holding. U S Global Investors Inc. owned 2.27% of Frontier Group worth $31,141,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new position in Frontier Group during the second quarter worth about $47,205,000. Silver Point Capital L.P. acquired a new stake in Frontier Group in the second quarter valued at about $12,141,850. First Trust Advisors LP boosted its holdings in 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 in the last quarter. Bank of America Corp DE purchased a new stake in Frontier Group in the 2nd quarter valued at approximately $7,337,000. Finally, GSA Capital Partners LLP purchased a new stake in Frontier Group in the 2nd quarter valued at approximately $4,373,000.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Barclays dropped their target price on Frontier Group from $7.00 to $5.00 and set an “underweight” rating on the stock in a research report on Friday, September 11th. Weiss Ratings downgraded Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, July 30th. Citigroup raised their price target on Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a report on Friday, June 26th. Zacks Research downgraded Frontier Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th. Finally, UBS Group decreased their price target on Frontier Group from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, September 24th. Six equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Frontier Group currently has a consensus rating of “Reduce” and a consensus target price of $6.29.

Insider Activity at Frontier Group

In other Frontier Group news, VP Trevor Stedke sold 167,277 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $8.03, for a total value of $1,343,234.31. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Mark Mitchell sold 125,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief financial officer owned 53,785 shares of the company’s stock, valued at approximately $435,120.65. This represents a 69.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 349,662 shares of company stock valued at $2,786,452 in the last 90 days. 48.00% of the stock is owned by corporate insiders.

Frontier Group Stock Performance

Shares of ULCC opened at $5.30 on Friday. The company has a 50-day simple moving average of $5.77 and a 200-day simple moving average of $5.81. The company has a quick ratio of 0.54, a current ratio of 0.58 and a debt-to-equity ratio of 2.77. The company has a market capitalization of $1.22 billion, a PE ratio of -3.15 and a beta of 2.64. Frontier Group Holdings, Inc. has a 52-week low of $3.02 and a 52-week high of $8.40.

Frontier Group (NASDAQ:ULCC) last released its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) EPS for the quarter, topping 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 firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the firm earned ($0.31) earnings per share. The firm’s revenue was up 37.7% on a year-over-year basis. 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. Equities research analysts predict that Frontier Group Holdings, Inc. will post -0.53 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. The company operates a low-fare, point-to-point air transportation business, primarily serving leisure travelers and price-conscious customers.

Frontier Airlines offers scheduled flights to destinations across the United States, as well as selected locations in the Caribbean and Latin America. Its business model emphasizes low base fares with additional charges for optional services such as checked baggage, seat selection, priority boarding and other travel-related products.

Frontier Airlines traces its roots to 1994 and has expanded its network through a fleet focused largely on Airbus narrow-body aircraft.