Alex Bevis Acquires 15,000 Shares of Frontier Developments PLC (FDEV) Stock

Frontier Developments PLC (LON:FDEV) insider Alex Bevis purchased 15,000 shares of the business’s stock in a transaction dated Monday, April 3rd. The shares were purchased at an average cost of GBX 292 ($3.68) per share, with a total value of £43,800 ($55,129.01).

Shares of Frontier Developments PLC (LON:FDEV) traded down 0.30% during mid-day trading on Thursday, hitting GBX 331.00. 31,080 shares of the stock were exchanged. Frontier Developments PLC has a 52 week low of GBX 162.00 and a 52 week high of GBX 331.20. The stock’s 50-day moving average is GBX 298.76 and its 200-day moving average is GBX 257.96. The stock’s market capitalization is GBX 112.14 million.

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A number of brokerages have recently weighed in on FDEV. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 300 ($3.78) price target on shares of Frontier Developments PLC in a report on Wednesday. FinnCap reaffirmed a “corporate” rating on shares of Frontier Developments PLC in a report on Wednesday.

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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