Frontier Developments (LON:FDEV) Insider David John Braben Sells 10,000 Shares

Frontier Developments plc (LON:FDEV) insider David John Braben sold 10,000 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of GBX 407, for a total value of £40,700.

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

• On Thursday, February 26th, David John Braben sold 15,000 shares of Frontier Developments stock. The stock was sold at an average price of £401.61, for a total transaction of £6,024,150.

Frontier Developments Stock Performance

Shares of FDEV opened at GBX 390.55 on Thursday. The company has a quick ratio of 2.61, a current ratio of 2.83 and a debt-to-equity ratio of 19.71. Frontier Developments plc has a 52-week low of GBX 180 and a 52-week high of GBX 588.56. The company has a 50-day simple moving average of GBX 450 and a 200-day simple moving average of GBX 455.87. The company has a market capitalization of £141.23 million, a PE ratio of 7.84, a P/E/G ratio of 2.11 and a beta of 0.03.

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

Analyst Ratings Changes

Several equities analysts recently weighed in on FDEV shares. Shore Capital Group reaffirmed a “buy” rating on shares of Frontier Developments in a research note on Thursday, November 6th. Berenberg Bank raised their price target on Frontier Developments from GBX 550 to GBX 600 and gave the company a “buy” rating in a research report on Thursday, November 13th. Peel Hunt boosted their price objective on shares of Frontier Developments from GBX 446 to GBX 620 and gave the stock a “buy” rating in a research report on Friday, November 7th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Frontier Developments to a “buy” rating and raised their target price for the company from GBX 580 to GBX 605 in a report on Wednesday, January 14th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, Frontier Developments currently has an average rating of “Buy” and an average price target 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.