David John Braben Sells 9,000 Shares of Frontier Developments (LON:FDEV) Stock

Frontier Developments plc (LON:FDEV) insider David John Braben sold 9,000 shares of the stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of GBX 352, for a total value of £31,680.

David John Braben also recently made the following trade(s):

• On Tuesday, March 24th, David John Braben sold 6,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 339, for a total value of £22,035.
• On Friday, March 20th, David John Braben sold 7,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 375, for a total value of £28,125.
• On Thursday, March 19th, David John Braben sold 9,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 364, for a total value of £32,760.
• On Wednesday, March 18th, David John Braben sold 8,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 369, for a total value of £31,365.
• On Tuesday, March 17th, David John Braben sold 8,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 364, for a total value of £29,120.
• On Monday, March 16th, David John Braben sold 10,000 shares of Frontier Developments stock. The shares were sold at an average price of GBX 365, for a total value of £36,500.
• On Friday, March 13th, David John Braben sold 6,500 shares of Frontier Developments stock. The shares were sold at an average price of GBX 369, for a total value of £23,985.
• On Thursday, March 12th, David John Braben sold 5,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 370, for a total transaction of £18,500.
• On Wednesday, March 11th, David John Braben sold 8,000 shares of Frontier Developments stock. The stock was sold at an average price of GBX 384, for a total transaction of £30,720.
• On Tuesday, March 10th, David John Braben sold 6,500 shares of Frontier Developments stock. The stock was sold at an average price of GBX 377, for a total transaction of £24,505.

Frontier Developments Trading Up 2.7%

LON FDEV opened at GBX 347 on Thursday. The company has a debt-to-equity ratio of 19.71, a quick ratio of 2.61 and a current ratio of 2.83. The company has a market capitalization of £125.49 million, a price-to-earnings ratio of 6.97, a price-to-earnings-growth ratio of 2.11 and a beta of 0.03. The company’s 50-day simple moving average is GBX 421.25 and its two-hundred day simple moving average is GBX 455.03. Frontier Developments plc has a one year low of GBX 180 and a one year high of GBX 588.56.

Frontier Developments (LON:FDEV) last announced its quarterly earnings results on Wednesday, January 14th. The company reported GBX 21.40 earnings per share for the quarter. Frontier Developments had a net margin of 19.43% and a return on equity of 21.13%. Equities analysts forecast that Frontier Developments plc will post 7.0917759 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft upgraded Frontier Developments to a “buy” rating and upped their target price for the stock from GBX 580 to GBX 605 in a report on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 608.33.

Frontier Developments Company Profile

Frontier is a leading independent developer and publisher of video games for PC and console, creating immersive and fun gameplay, with unparalleled artistic quality.

At Frontier, we specialise in creating endless possibilities in playful, fun and creative worlds. From some of the world’s biggest licensed entertainment and sporting franchises, to intricately crafted worlds where players can explore and make their mark, our games are all underpinned by our unwavering passion for creating compelling and innovative experiences that continue to inspire and delight our players.

We have created games that have defined genres, been critically acclaimed, and reached many millions of players.