Frontier Group Holdings SVP Steve Schuller sells $90,803 in stock

Published 21/02/2025, 22:10
Frontier Group Holdings SVP Steve Schuller sells $90,803 in stock

In a recent transaction reported to the Securities and Exchange Commission, Steve Schuller, Senior Vice President of Human Resources at Frontier Group Holdings , Inc. (NASDAQ:ULCC), sold 10,000 shares of the company’s common stock. The sale took place on February 19, 2025, at a weighted average price of approximately $9.08 per share, resulting in a total transaction value of $90,803. The transaction occurred as the stock, which currently trades at $7.94, has shown remarkable momentum with a 149% gain over the past six months. According to InvestingPro analysis, the stock appears undervalued at current levels.

The shares were sold in multiple transactions, with prices ranging between $9.07 and $9.11, according to the filing. Following this transaction, Schuller retains ownership of 74,330 shares of Frontier Group Holdings’ stock. InvestingPro data reveals the company has demonstrated strong return momentum recently, though price movements remain volatile. Subscribers can access 10+ additional ProTips and a comprehensive Pro Research Report for deeper insights into ULCC’s financial health and market position.

This sale is part of routine insider trading activity, where company executives buy or sell stock in their own firms, often providing insights into their views on the company’s future performance. Investors typically monitor these transactions closely as part of their decision-making process. The company, with a market capitalization of $1.78 billion, continues to attract investor attention amid its volatile trading patterns.

In other recent news, Frontier Group Holdings Inc. reported a strong performance in their fourth quarter of 2024, with earnings per share (EPS) of $0.23, significantly surpassing the forecasted $0.04. The company’s revenue for the quarter reached $1 billion, marking a 12% increase year-over-year. UBS analyst Thomas Wadewitz responded to this performance by raising Frontier’s price target to $10.00, citing the company’s impressive earnings and positive guidance for fiscal year 2025. Similarly, TD Cowen analyst Tom Fitzgerald also increased the price target for Frontier Group to $10.00, maintaining a Hold rating, and noted the company’s prudent revenue and network strategies.

Frontier Group’s outlook for 2025 is optimistic, with expectations of at least $1.00 in EPS, which exceeds analyst estimates from UBS and the consensus forecast. The company attributes its positive outlook to factors such as industry supply discipline and the maturation of new markets, which are expected to enhance revenue per available seat mile (RASM). Frontier Group is also focusing on expanding its premium offerings and loyalty program to increase its competitive edge.

Additionally, the company is targeting double-digit pretax margins by summer 2025 and plans to continue optimizing its network with mid-single-digit capacity growth in the first quarter of 2025. These developments have led analysts to adjust their price targets and ratings, reflecting a cautiously optimistic view of Frontier Group’s future performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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