Frontier Group (NASDAQ:ULCC) EVP Sells $199,608.75 in Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) EVP Howard Diamond sold 24,195 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $8.25, for a total value of $199,608.75. Following the transaction, the executive vice president directly owned 133,126 shares in the company, valued at approximately $1,098,289.50. The trade was a 15.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Frontier Group Stock Performance

NASDAQ ULCC opened at $7.38 on Friday. The company has a market cap of $1.70 billion, a P/E ratio of -4.39 and a beta of 2.59. The company has a debt-to-equity ratio of 2.77, a current ratio of 0.58 and a quick ratio of 0.54. The stock has a 50-day moving average of $6.79 and a two-hundred day moving average of $5.28. Frontier Group Holdings, Inc. has a 1-year low of $3.02 and a 1-year high of $8.40.

Frontier Group (NASDAQ:ULCC) last issued 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 net margin of 9.29% and a negative return on equity of 35.54%. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the prior year, the company earned ($0.31) earnings per share. The business’s quarterly 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. As a group, analysts anticipate that Frontier Group Holdings, Inc. will post -0.31 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have commented on ULCC shares. Wall Street Zen raised shares of Frontier Group from a “sell” rating to a “hold” rating in a research report on Sunday, June 21st. Citigroup upped their price objective on Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Zacks Research upgraded Frontier Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Weiss Ratings lowered Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, July 30th. Finally, Barclays boosted their target price on Frontier Group from $4.00 to $7.00 and gave the stock an “underweight” rating in a research note on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $6.86.

Institutional Trading of Frontier Group

A number of hedge funds and other institutional investors have recently bought and sold shares of ULCC. BlackRock Inc. purchased a new stake in Frontier Group during the 2nd quarter worth about $47,205,000. Deutsche Bank AG purchased a new position in shares of Frontier Group in the 2nd quarter valued at about $1,174,000. OneDigital Investment Advisors LLC purchased a new position in shares of Frontier Group in the 2nd quarter valued at about $1,411,000. Bank of New York Mellon Corp acquired a new stake in shares of Frontier Group during the 2nd quarter worth about $1,340,000. Finally, State of Wyoming acquired a new stake in shares of Frontier Group during the 2nd quarter worth about $925,000.

More Frontier Group News

Here are the key news stories impacting Frontier Group this week:

• Positive Sentiment: Recent momentum remains a supporting factor. Zacks identified ULCC as a potential momentum pick after the shares advanced substantially from their 52-week low, suggesting continued investor interest in the airline’s recovery story. Zacks momentum article
• Positive Sentiment: Frontier’s latest quarterly performance exceeded expectations. The company reported a loss of $0.10 per share versus the projected $0.47 loss, while revenue reached $1.28 billion, up 37.7% year over year and above the $1.22 billion consensus estimate. Management’s guidance also indicates a possible return to profitability in the fourth quarter.
• Neutral Sentiment: Analyst sentiment remains mixed. Several firms raised their price targets, including Citigroup to $9, but most maintained neutral or bearish ratings. The overall consensus is “Reduce,” with an average target of $6.86, below recent trading levels.
• Negative Sentiment: Multiple executives sold shares in transactions conducted August 4–5. CFO Mark Christopher Mitchell sold 125,000 shares for approximately $1.01 million, reducing his holdings by nearly 70%; VP Trevor J. Stedke sold 167,277 shares for about $1.34 million; EVP Howard Diamond sold 24,195 shares; and CAO Josh Wetzel sold 2,000 shares. The combined sales totaled roughly $2.6 million and may be weighing on sentiment, particularly because of the CFO’s large reduction. Frontier Group insider selling article

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.