Alexandre Clerc Sells 3,068 Shares of Frontier Group (NASDAQ:ULCC) Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Alexandre Clerc sold 3,068 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $8.17, for a total transaction of $25,065.56. Following the sale, the senior vice president owned 37,488 shares in the company, valued at approximately $306,276.96. This trade represents a 7.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Alexandre Clerc also recently made the following trade(s):

• On Friday, July 31st, Alexandre Clerc sold 7,142 shares of Frontier Group stock. The stock was sold at an average price of $7.13, for a total transaction of $50,922.46.
• On Tuesday, June 2nd, Alexandre Clerc sold 5,060 shares of Frontier Group stock. The shares were sold at an average price of $5.93, for a total value of $30,005.80.

Frontier Group Stock Down 0.5%

NASDAQ:ULCC opened at $7.95 on Thursday. The company has a current ratio of 0.58, a quick ratio of 0.54 and a debt-to-equity ratio of 2.77. The stock has a 50 day moving average of $6.73 and a 200-day moving average of $5.25. The firm has a market capitalization of $1.83 billion, a PE ratio of -4.73 and a beta of 2.59. 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 announced its quarterly 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. Frontier Group had a negative return on equity of 35.54% and a negative net margin of 9.29%.The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter last year, the business posted ($0.31) EPS. The business’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. Analysts predict that Frontier Group Holdings, Inc. will post -0.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ULCC. UBS Group raised their target price on Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday, June 23rd. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a report on Sunday, June 21st. Barclays increased their price objective on shares of Frontier Group from $4.00 to $7.00 and gave the stock an “underweight” rating in a report on Thursday, June 25th. Susquehanna boosted their target price on shares of Frontier Group from $4.50 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. Finally, Citigroup upped their target price on shares of Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and three have given 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 price target of $6.86.

Institutional Trading of Frontier Group

Hedge funds have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd bought a new position in shares of Frontier Group in the third quarter worth $27,000. Quarry LP acquired a new stake in Frontier Group in the fourth quarter worth about $34,000. Atlas Wealth LLC acquired a new stake in Frontier Group in the first quarter worth about $33,000. Brooklyn Investment Group grew its position in Frontier Group by 490.7% in the 3rd quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock valued at $48,000 after buying an additional 9,078 shares in the last quarter. Finally, Numerai GP LLC bought a new position in Frontier Group in the 3rd quarter valued at about $61,000.

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.