Frontier Developments PLC (FDEV) Insider Charles Cotton Buys 3,700 Shares of Stock
Frontier Developments PLC (LON:FDEV) insider Charles Cotton acquired 3,700 shares of the stock in a transaction dated Monday, September 11th. The stock was bought at an average price of GBX 1,350 ($17.44) per share, with a total value of £49,950 ($64,509.88).
Shares of Frontier Developments PLC (LON:FDEV) opened at 1060.00 on Friday. The company’s market cap is GBX 360.47 million. Frontier Developments PLC has a 52 week low of GBX 187.50 and a 52 week high of GBX 1,369.77. The firm’s 50-day moving average is GBX 868.78 and its 200-day moving average is GBX 509.73.
Several research firms have recently weighed in on FDEV. FinnCap lifted their price objective on shares of Frontier Developments PLC from GBX 690 ($8.91) to GBX 968 ($12.50) and gave the company a “corporate” rating in a research note on Monday, August 21st. Liberum Capital initiated coverage on shares of Frontier Developments PLC in a research note on Tuesday, August 15th. They set a “buy” rating and a GBX 850 ($10.98) price target for the company. Finally, Numis Securities Ltd upgraded shares of Frontier Developments PLC to an “add” rating and boosted their price target for the company from GBX 300 ($3.87) to GBX 466 ($6.02) in a research note on Thursday, June 22nd.
About Frontier Developments PLC
Frontier Developments plc is engaged in developing non-game applications and video games for the entertainment sector. The Company’s segments include self-published and external publishers. The self-published segment is engaged in sales of the game and digital in-game. The Company has completed work for external publishers, including Screamride and Tales from Deep Space.
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