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DENVER—Alexandre Clerc, Senior Vice President of Customers at Frontier Group Holdings , Inc. (NASDAQ:ULCC), recently sold 12,000 shares of the company’s common stock. The sale, executed on June 2, 2025, was part of a series of transactions where the price per share ranged from $3.88 to $3.91. The total value of the transaction amounted to $46,658. The sale comes amid challenging times for the airline, with the stock down nearly 33% over the past six months and currently trading below its InvestingPro Fair Value.
Following this sale, Clerc holds 11,912 shares directly. The transaction was reported in a filing with the Securities and Exchange Commission, with the signature dated June 4, 2025. Analysis from InvestingPro reveals the company faces significant challenges, including a substantial debt burden and weak gross profit margins of 7%. Discover 13 additional key insights about ULCC’s financial health with an InvestingPro subscription, including detailed analysis in the comprehensive Pro Research Report.
In other recent news, Frontier Group Holdings, Inc. reported a net loss of $43 million for the first quarter of 2025, translating to a loss of $0.19 per share, which was significantly larger than the forecasted loss of $0.01 per share. The company’s revenue reached $912 million, falling short of the expected $998.06 million. Despite these results, Frontier reaffirmed its adjusted loss per share guidance for the second quarter of 2025, anticipating a loss between $0.23 and $0.37 per share. Additionally, UBS analyst Thomas Wadewitz revised the price target for Frontier Group to $3.50 from $4.00 while maintaining a Neutral rating. Frontier Airlines announced a new benefit for its FRONTIER Miles Elite Platinum and Diamond Status members, offering free unlimited companion travel, as part of its "New Frontier" program. This initiative is aimed at enhancing the airline’s loyalty program and includes a sweepstakes for 100 winners to receive free Platinum Status until August 31. Frontier’s management remains focused on achieving profitability in the second half of 2025, with strategic commercial investments and capacity optimization being key elements of their plan.
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