Frontier Group (NASDAQ:ULCC) SVP Steve Schuller Sells 10,000 Shares of Stock

Frontier Group Holdings, Inc. (NASDAQ:ULCC) SVP Steve Schuller sold 10,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $7.55, for a total value of $75,500.00. Following the completion of the sale, the senior vice president owned 87,175 shares of the company’s stock, valued at $658,171.25. This trade represents a 10.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Steve Schuller also recently made the following trade(s):

• On Friday, June 5th, Steve Schuller sold 10,000 shares of Frontier Group stock. The stock was sold at an average price of $6.00, for a total value of $60,000.00.

Frontier Group Price Performance

NASDAQ ULCC opened at $7.99 on Wednesday. The business’s fifty day moving average is $6.69 and its 200 day moving average is $5.23. Frontier Group Holdings, Inc. has a fifty-two week low of $3.02 and a fifty-two week high of $8.40. 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 company has a market capitalization of $1.84 billion, a PE ratio of -4.76 and a beta of 2.59.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings results on Wednesday, July 29th. The company reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the prior year, the business posted ($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. Sell-side analysts predict that Frontier Group Holdings, Inc. will post -0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ULCC. Citigroup raised their target price on shares of Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a research note on Friday, June 26th. 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 research note on Thursday, June 25th. UBS Group raised their price objective on shares of Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research report on Tuesday, June 23rd. Zacks Research upgraded shares of Frontier Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings downgraded shares of Frontier Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $6.86.

Hedge Funds Weigh In On Frontier Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its stake in Frontier Group by 46.0% in the 1st quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock worth $81,000 after acquiring an additional 5,913 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Frontier Group by 33.0% in the first quarter. Goldman Sachs Group Inc. now owns 1,013,456 shares of the company’s stock valued at $4,398,000 after purchasing an additional 251,509 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Frontier Group by 7.1% in the second quarter. Rhumbline Advisers now owns 117,984 shares of the company’s stock valued at $428,000 after purchasing an additional 7,791 shares in the last quarter. Invesco Ltd. increased its position in Frontier Group by 35.1% in the second quarter. Invesco Ltd. now owns 108,806 shares of the company’s stock worth $395,000 after purchasing an additional 28,256 shares during the last quarter. Finally, First Trust Advisors LP bought a new stake in Frontier Group in the second quarter worth $477,000.

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.