Frontier Group (NASDAQ:ULCC) CAO Sells $64,125.00 in Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) CAO Josh Wetzel sold 13,500 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $4.75, for a total transaction of $64,125.00. Following the transaction, the chief accounting officer owned 12,061 shares in the company, valued at $57,289.75. This represents a 52.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Frontier Group Stock Up 4.1%

Shares of NASDAQ ULCC traded up $0.19 during trading on Thursday, hitting $4.88. 4,958,625 shares of the company traded hands, compared to its average volume of 4,912,641. The business’s fifty day moving average is $3.96 and its 200 day moving average is $4.49. Frontier Group Holdings, Inc. has a fifty-two week low of $3.02 and a fifty-two week high of $6.66. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of -3.05 and a beta of 2.41. 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 (NASDAQ:ULCC) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the prior year, the business earned ($0.19) earnings per share. The business’s quarterly revenue was up 16.8% compared to the same quarter last year. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. Equities research analysts predict that Frontier Group Holdings, Inc. will post -1.12 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Frontier Group

A number of large investors have recently added to or reduced their stakes in ULCC. Caitong International Asset Management Co. Ltd purchased a new position in Frontier Group in the 3rd quarter worth $27,000. Atlas Wealth LLC bought a new stake in Frontier Group in the 1st quarter worth $33,000. Quarry LP bought a new stake in shares of Frontier Group during the 4th quarter valued at about $34,000. Brooklyn Investment Group boosted its stake in shares of Frontier Group by 490.7% during the 3rd quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock valued at $48,000 after purchasing an additional 9,078 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Frontier Group during the 3rd quarter valued at about $49,000.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ULCC. Wall Street Zen upgraded shares of Frontier Group from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday. Citigroup upped their price objective on shares of Frontier Group from $4.90 to $5.00 and gave the stock 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. Finally, Barclays reaffirmed an “underweight” rating and issued a $4.00 price target (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Five analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $5.07.

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.