TSX lower after index logs fresh record closing high
Diamond Howard, Executive Vice President, Legal & Corporate Affairs at Frontier Group Holdings Inc (NASDAQ:ULCC), sold 35,401 shares of common stock on September 5, 2025, at a price of $5.50.
The total value of the sale amounted to $194,705. Following the transaction, Howard directly owns 74,195 shares of Frontier Group Holdings, which currently has a market capitalization of $1.16 billion. InvestingPro analysis reveals concerning metrics about the company’s financial health, including significant debt burden and weak profit margins. For deeper insights into ULCC’s financial position and 12+ additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Frontier Group Holdings reported a second-quarter net loss of $0.31 per share, which did not meet analysts’ expectations of a $0.28 loss per share. The company’s revenue for the quarter was $929 million, falling short of the forecasted $943.78 million. In a separate development, Deutsche Bank upgraded Frontier Group Holdings from Hold to Buy, increasing its price target to $8.00 from $4.00. This upgrade was influenced by the potential benefits Frontier could gain from Spirit Airlines’ bankruptcy, given the significant network overlap between the two carriers. Frontier Airlines also announced a two-day sale with roundtrip fares starting at $38, available for travel to various destinations across the U.S., Caribbean, and Latin America. Additionally, the airline introduced a limited-time offer allowing loyalty members from select competing airlines to purchase Frontier Elite Gold status for $69, offering benefits such as a free carry-on bag and priority boarding. These recent developments highlight Frontier’s strategic moves in the competitive airline market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.