Frontier Group Holdings Inc’s recently made public that its SVP & CFO Mitchell Mark Christopher unloaded Company’s shares for reported $0.71 million on Feb 19 ’25. In the deal valued at $9.08 per share,78,324 shares were sold. As a result of this transaction, Mitchell Mark Christopher now holds 112,086 shares worth roughly $0.89 million.
Then, Mitchell Mark Christopher sold 80,479 shares, generating $681,794 in total proceeds. Upon selling the shares at $8.47, the SVP & CFO now owns 112,086 shares.
Before that, Schuller Steve sold 10,000 shares. Frontier Group Holdings Inc shares valued at $90,804 were divested by the SVP, Human Resources at a price of $9.08 per share. As a result of the transaction, Schuller Steve now holds 74,330 shares, worth roughly $0.59 million.
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 Friday, Frontier Group Holdings Inc [NASDAQ:ULCC] saw its stock fall -8.94% to $7.94. Over the last five days, the stock has lost -6.81%. Frontier Group Holdings Inc shares have risen nearly 11.67% since the year began. Nevertheless, the stocks have risen 3.79% 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 $7.86, while 200 days put it at $5.73.
Levels Of Support And Resistance For ULCC Stock
The 24-hour chart illustrates a support level at 7.58, which if violated will result in even more drops to 7.23. On the upside, there is a resistance level at 8.59. A further resistance level may holdings at 9.25. The Relative Strength Index (RSI) on the 14-day chart is 44.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.80%. Stochastics %K at 29.33% 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.
