Alexandre Clerc Sells 5,060 Shares of Frontier Group (NASDAQ:ULCC) Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Alexandre Clerc sold 5,060 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $5.93, for a total transaction of $30,005.80. Following the transaction, the senior vice president directly owned 47,698 shares in the company, valued at approximately $282,849.14. The trade was a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Frontier Group Price Performance

Shares of NASDAQ ULCC traded up $0.15 during mid-day trading on Thursday, reaching $5.85. The company’s stock had a trading volume of 2,430,156 shares, compared to its average volume of 4,867,157. The stock has a 50-day moving average of $4.39 and a two-hundred day moving average of $4.60. The stock has a market capitalization of $1.34 billion, a P/E ratio of -3.66 and a beta of 2.60. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.44 and a current ratio of 0.49. Frontier Group Holdings, Inc. has a 1-year low of $3.02 and a 1-year high of $6.66.

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

Institutional Investors Weigh In On Frontier Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new stake in Frontier Group during the third quarter worth about $27,000. Atlas Wealth LLC acquired a new stake in Frontier Group during the first quarter worth about $33,000. Quarry LP acquired a new stake in Frontier Group during the fourth quarter worth about $34,000. Brooklyn Investment Group increased its position in Frontier Group by 490.7% during the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock worth $48,000 after purchasing an additional 9,078 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Frontier Group during the third quarter worth about $49,000.

Analysts Set New Price Targets

A number of brokerages have recently commented on ULCC. Wall Street Zen upgraded shares of Frontier Group from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. Citigroup increased their target price on shares of Frontier Group from $4.90 to $5.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Susquehanna increased their target price on shares of Frontier Group from $3.40 to $4.50 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Barclays reiterated an “underweight” rating and issued a $4.00 target price (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft cut shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a research report on Tuesday, February 10th. Five research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $5.07.

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.