This Frontier Group Holdings Insider Reduced Their Stake By 35%

Frontier Group Holdings, Inc. -1.66% Post

Frontier Group Holdings, Inc.

ULCC

5.32

5.32

-1.66%

0.00% Post

Insiders were net sellers of Frontier Group Holdings, Inc.'s (NASDAQ:ULCC ) stock during the past year. That is, insiders sold more stock than they bought.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Frontier Group Holdings

Frontier Group Holdings Insider Transactions Over The Last Year

The CEO & Director, Barry Biffle, made the biggest insider sale in the last 12 months. That single transaction was for US$3.8m worth of shares at a price of US$8.08 each. So we know that an insider sold shares at around the present share price of US$7.96. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive). The only individual insider seller over the last year was Barry Biffle.

Barry Biffle divested 804.90k shares over the last 12 months at an average price of US$8.41. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NasdaqGS:ULCC Insider Trading Volume March 28th 2024

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Have Frontier Group Holdings Insiders Traded Recently?

In the last three months company CEO & Director Barry Biffle divested US$3.6k worth of stock. That is not a lot. Looking at the net result, we don't think this recent trading sheds much light on how insiders, as a group, are feeling about the company's prospects.

Insider Ownership Of Frontier Group Holdings

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Frontier Group Holdings insiders own 1.5% of the company, worth about US$27m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Frontier Group Holdings Insiders?

We did not see any insider buying in the last three months, but we did see selling. However, the sales are not big enough to concern us at all. We're a little cautious about the insider selling at Frontier Group Holdings. But we do like the fact that insiders own a fair chunk of the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Frontier Group Holdings. Case in point: We've spotted 2 warning signs for Frontier Group Holdings you should be aware of.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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