Values First Advisors Inc. acquired a new stake in shares of Frontdoor, Inc. (NASDAQ:FTDR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,444 shares of the company's stock, valued at approximately $298,000.
A number of other hedge funds have also recently bought and sold shares of FTDR. Willis Investment Counsel raised its stake in Frontdoor by 0.4% during the 4th quarter. Willis Investment Counsel now owns 46,753 shares of the company's stock valued at $2,556,000 after acquiring an additional 185 shares in the last quarter. Pacer Advisors Inc. raised its stake in Frontdoor by 4.8% during the 4th quarter. Pacer Advisors Inc. now owns 7,854 shares of the company's stock valued at $429,000 after acquiring an additional 357 shares in the last quarter. CWM LLC raised its stake in Frontdoor by 15.8% during the 3rd quarter. CWM LLC now owns 2,695 shares of the company's stock valued at $129,000 after acquiring an additional 367 shares in the last quarter. GAMMA Investing LLC raised its stake in Frontdoor by 26.0% during the 4th quarter. GAMMA Investing LLC now owns 2,100 shares of the company's stock valued at $115,000 after acquiring an additional 433 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new stake in Frontdoor during the 3rd quarter valued at $27,000.
Insiders Place Their Bets
In other news, SVP Kathryn M. Collins sold 25,784 shares of Frontdoor stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $58.06, for a total value of $1,497,019.04. Following the transaction, the senior vice president now directly owns 9,429 shares in the company, valued at approximately $547,447.74. The trade was a 73.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Evan Iverson sold 16,000 shares of the business's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $58.84, for a total value of $941,440.00. Following the transaction, the chief operating officer now owns 4,955 shares in the company, valued at $291,552.20. This represents a 76.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.29% of the company's stock.
Frontdoor Price Performance
Shares of NASDAQ FTDR traded up $0.60 during mid-day trading on Friday, reaching $59.46. The company had a trading volume of 423,054 shares, compared to its average volume of 696,222. The stock has a market cap of $4.51 billion, a PE ratio of 19.69 and a beta of 1.08. The company has a 50-day moving average price of $57.64 and a two-hundred day moving average price of $52.92. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 2.16. Frontdoor, Inc. has a 1-year low of $29.41 and a 1-year high of $63.49.
Wall Street Analyst Weigh In
Several brokerages have weighed in on FTDR. The Goldman Sachs Group lifted their target price on Frontdoor from $41.00 to $46.00 and gave the company a "sell" rating in a research note on Tuesday, November 5th. Truist Financial lifted their target price on Frontdoor from $58.00 to $67.00 and gave the stock a "buy" rating in a report on Friday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $51.75.
Check Out Our Latest Stock Analysis on FTDR
About Frontdoor
(
Free Report)
Frontdoor, Inc provides home warranties in the United States in the United States. Its customizable home warranties help customers protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. The company's home warranty customers subscribe to an annual service plan agreement that covers the repair or replacement of principal components of approximately 20 home systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as electronics, pools, and spas and pumps; and heating, ventilation, and air conditioning systems.
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