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William Cobb, the CEO of Frontdoor , Inc. (NASDAQ:FTDR), recently increased his stake in the company by purchasing 5,000 shares of common stock. The transaction, which took place on March 3, 2025, was valued at approximately $211,119, with shares bought at a price of $42.224 each. The purchase comes as the stock has declined over 20% in the past week, according to InvestingPro data, potentially representing a buying opportunity as the company currently trades below its Fair Value.
Following this purchase, Cobb holds a total of 15,000 shares indirectly through the William & Carole Cobb 2000 Family Trust. This acquisition reflects Cobb’s continuing investment in Frontdoor, a company known for providing home service plans to homeowners across the United States.
Investors often pay close attention to insider transactions like these as they can provide insights into the confidence levels of company executives regarding the firm’s future performance. InvestingPro analysis reveals the company trades at an attractive P/E ratio of 13.6x while maintaining profitable operations with $379 million in EBITDA over the last twelve months. For deeper insights and additional ProTips about Frontdoor, subscribers can access the comprehensive Pro Research Report.
In other recent news, Frontdoor, Inc. reported fourth-quarter earnings that exceeded analyst expectations. The company posted adjusted earnings per share of $0.27, surpassing the analyst consensus of $0.06. Revenue for the quarter increased by 5% year-over-year to $383 million, topping expectations of $374.46 million. Despite these positive results, the company’s first-quarter guidance for 2025 fell short of estimates, projecting revenue of $410-420 million and adjusted EBITDA of $70-80 million, similar to the previous year’s period. For the full year 2025, Frontdoor anticipates revenue growth of approximately 10% to $2.0-2.04 billion, exceeding the $1.94 billion analyst consensus. The company also expects adjusted EBITDA of $450-475 million for 2025. Additionally, Frontdoor completed the acquisition of 2-10 Home Buyers Warranty in December and utilized $160 million to repurchase about 4 million shares in 2024. These developments reflect the company’s ongoing strategic initiatives and financial performance.
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