Frontier Developments PLC (LON:FDEV) insider David Ranken Gammon bought 5,000 shares of the company’s stock in a transaction on Wednesday, September 5th. The shares were bought at an average price of GBX 1,045 ($13.48) per share, for a total transaction of £52,250 ($67,401.96).
Shares of LON FDEV traded down GBX 172 ($2.22) during midday trading on Wednesday, reaching GBX 888 ($11.46). The company’s stock had a trading volume of 541,240 shares, compared to its average volume of 59,600. Frontier Developments PLC has a fifty-two week low of GBX 288 ($3.72) and a fifty-two week high of GBX 1,540 ($19.87).
FDEV has been the topic of several research analyst reports. FinnCap restated a “corporate” rating on shares of Frontier Developments in a report on Thursday, July 19th. Liberum Capital restated a “buy” rating on shares of Frontier Developments in a report on Thursday, July 19th. Peel Hunt restated a “buy” rating on shares of Frontier Developments in a report on Friday, June 1st. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,600 ($20.64) price objective on shares of Frontier Developments in a report on Wednesday. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,405 ($18.12) price objective on shares of Frontier Developments in a report on Wednesday. Five research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of GBX 1,529.17 ($19.73).
Frontier Developments Company Profile
Frontier Developments plc, a software technology company, develops and sells video games for the interactive entertainment sector in the United Kingdom and internationally. It develops video games across various genres and platforms. The company was founded in 1994 and is headquartered in Cambridge, the United Kingdom.
Further Reading: Return on Investment (ROI)
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