Alexandre Clerc Sells 7,142 Shares of Frontier Group (NASDAQ:ULCC) Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Alexandre Clerc sold 7,142 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $7.13, for a total value of $50,922.46. Following the transaction, the senior vice president owned 40,556 shares of the company’s stock, valued at $289,164.28. This trade represents a 14.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Tuesday, August 4th, Alexandre Clerc sold 3,068 shares of Frontier Group stock. The shares were sold at an average price of $8.17, for a total value of $25,065.56.
• 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%

ULCC opened at $7.95 on Thursday. The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.54 and a current ratio of 0.58. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of -4.73 and a beta of 2.59. Frontier Group Holdings, Inc. has a twelve month low of $3.02 and a twelve month high of $8.40. The firm’s 50-day simple moving average is $6.73 and its 200-day simple moving average is $5.25.

Frontier Group (NASDAQ:ULCC) last posted its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) earnings per share 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 company had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the business posted ($0.31) earnings per share. The company’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 anticipate that Frontier Group Holdings, Inc. will post -0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Citigroup lifted their target price on Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Susquehanna lifted their price target on shares of Frontier Group from $4.50 to $7.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a report on Sunday, June 21st. Zacks Research upgraded shares of Frontier Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings cut Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, July 30th. One research 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $6.86.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Lazard Asset Management LLC acquired a new position in shares of Frontier Group in the first quarter valued at approximately $1,651,000. First Trust Advisors LP increased its position in shares of Frontier Group by 65.7% in the first quarter. First Trust Advisors LP now owns 1,179,019 shares of the company’s stock worth $4,162,000 after purchasing an additional 467,638 shares during the period. Atlas Wealth LLC bought a new position in Frontier Group in the 1st quarter valued at about $33,000. U S Global Investors Inc. raised its position in Frontier Group by 63.9% during the first quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock valued at $23,938,000 after purchasing an additional 2,643,448 shares in the last quarter. Finally, Hsbc Holdings PLC acquired a new position in shares of Frontier Group during the 1st quarter worth $368,000.

Frontier Group Company 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.