Frontier Group Holdings Inc’s filing revealed that its Officer James Dempsey acquired Company’s shares for reported $2.86 million on Feb 18 ’25. In the deal valued at $8.98 per share,318,314 shares were bought.
Then, Howard Diamond bought 326,581 shares, generating $2,666,389 in total proceeds.
Before that, Joshua Wetzel bought 9,000 shares. Frontier Group Holdings Inc shares valued at $80,448 were divested by the Officer at a price of $8.94 per share.
Deutsche Bank upgraded its Frontier Group Holdings Inc [ULCC] rating to a Buy from a a Hold in a research note published on December 11, 2024; the price target was increased to $8 from $6. Citigroup also remained covering ULCC and reiterated its “Neutral” recommendation on October 22, 2024. Raymond James revised its rating on September 30, 2024. It rated ULCC as “a Mkt perform” which previously was an “an Underperform”.
Price Performance Review of ULCC
On Tuesday, Frontier Group Holdings Inc [NASDAQ:ULCC] saw its stock jump 4.86% to $9.28. Over the last five days, the stock has lost -7.75%. Frontier Group Holdings Inc shares have risen nearly 30.52% since the year began. Nevertheless, the stocks have risen 21.47% over the past one year. While a 52-week high of $10.26 was reached on 02/10/25, a 52-week low of $2.79 was recorded on 01/03/25. SMA at 50 days reached $7.71, while 200 days put it at $5.69.
Levels Of Support And Resistance For ULCC Stock
The 24-hour chart illustrates a support level at 8.80, which if violated will result in even more drops to 8.31. On the upside, there is a resistance level at 9.60. A further resistance level may holdings at 9.92. The Relative Strength Index (RSI) on the 14-day chart is 58.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.20%. Stochastics %K at 52.50% indicates the stock is a holding.
The most recent change occurred on September 16, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $4.
