GSA Capital Partners LLP Acquires 303,322 Shares of Frontier Group Holdings, Inc. $ULCC

GSA Capital Partners LLP grew its holdings in shares of Frontier Group Holdings, Inc. (NASDAQ:ULCC) by 2,044.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 318,159 shares of the company’s stock after acquiring an additional 303,322 shares during the period. GSA Capital Partners LLP’s holdings in Frontier Group were worth $1,499,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of ULCC. Caitong International Asset Management Co. Ltd bought a new position in shares of Frontier Group during the third quarter valued at $27,000. Brooklyn Investment Group raised its stake in shares of Frontier Group by 490.7% during the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock valued at $48,000 after acquiring an additional 9,078 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Frontier Group during the third quarter valued at $49,000. Jones Financial Companies Lllp raised its stake in shares of Frontier Group by 2,439.2% during the third quarter. Jones Financial Companies Lllp now owns 12,366 shares of the company’s stock valued at $61,000 after acquiring an additional 11,879 shares during the last quarter. Finally, Numerai GP LLC bought a new position in shares of Frontier Group during the third quarter valued at $61,000.

Insiders Place Their Bets

In related news, VP Trevor J. Stedke sold 83,110 shares of Frontier Group stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $5.41, for a total transaction of $449,625.10. Following the completion of the transaction, the vice president owned 167,277 shares of the company’s stock, valued at $904,968.57. This trade represents a 33.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 48.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Wall Street Zen raised shares of Frontier Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. Citigroup raised their price target on shares of Frontier Group from $4.90 to $5.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. UBS Group dropped their price target on shares of Frontier Group from $6.00 to $4.00 and set a “neutral” rating for the company in a research note on Monday, March 16th. Deutsche Bank Aktiengesellschaft downgraded shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price target for the company. in a research note on Tuesday, February 10th. Finally, Susquehanna raised their price target on shares of Frontier Group from $3.40 to $4.50 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Five research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Frontier Group currently has a consensus rating of “Reduce” and an average price target of $5.07.

Frontier Group Price Performance

Shares of NASDAQ ULCC opened at $4.69 on Thursday. Frontier Group Holdings, Inc. has a twelve month low of $3.02 and a twelve month high of $6.66. The firm has a fifty day simple moving average of $3.96 and a 200 day simple moving average of $4.49. The company has a market capitalization of $1.08 billion, a PE ratio of -2.93 and a beta of 2.41. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75.

Frontier Group (NASDAQ:ULCC) last announced its earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.07. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the firm earned ($0.19) earnings per share. Frontier Group’s quarterly revenue was up 16.8% on a year-over-year basis. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. On average, sell-side analysts forecast that Frontier Group Holdings, Inc. will post -1.12 EPS for the current year.

Frontier Group 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.