Frontdoor, Inc. (NASDAQ:FTDR) Shares Sold by Choreo LLC

Choreo LLC decreased its position in Frontdoor, Inc. (NASDAQ:FTDR) by 18.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,559 shares of the company’s stock after selling 3,529 shares during the period. Choreo LLC’s holdings in Frontdoor were worth $852,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Willis Investment Counsel lifted its position in shares of 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 buying an additional 185 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in Frontdoor by 4.8% during the fourth quarter. Pacer Advisors Inc. now owns 7,854 shares of the company’s stock valued at $429,000 after purchasing an additional 357 shares in the last quarter. CWM LLC grew its position in shares of Frontdoor by 15.8% in the third quarter. CWM LLC now owns 2,695 shares of the company’s stock valued at $129,000 after purchasing an additional 367 shares during the period. GAMMA Investing LLC increased its stake in shares of Frontdoor by 26.0% during the fourth quarter. GAMMA Investing LLC now owns 2,100 shares of the company’s stock worth $115,000 after purchasing an additional 433 shares in the last quarter. Finally, Exchange Traded Concepts LLC acquired a new position in shares of Frontdoor during the 3rd quarter worth about $27,000.

Frontdoor Price Performance

FTDR stock opened at $58.92 on Monday. Frontdoor, Inc. has a 1 year low of $29.41 and a 1 year high of $63.49. The firm has a market capitalization of $4.47 billion, a PE ratio of 19.51 and a beta of 1.08. The company has a debt-to-equity ratio of 2.16, a current ratio of 1.42 and a quick ratio of 1.42. The business has a 50 day simple moving average of $57.63 and a 200-day simple moving average of $52.32.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on FTDR. The Goldman Sachs Group lifted their price objective on Frontdoor from $41.00 to $46.00 and gave the stock a “sell” rating in a report on Tuesday, November 5th. Truist Financial boosted their price target on Frontdoor from $56.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $49.50.

Insider Buying and Selling at Frontdoor

In other news, SVP Kathryn M. Collins sold 25,784 shares of the stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $58.06, for a total value of $1,497,019.04. Following the completion of the sale, the senior vice president now owns 9,429 shares of the company’s stock, valued at $547,447.74. This represents a 73.22 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Evan Iverson sold 16,000 shares of Frontdoor stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $58.84, for a total transaction of $941,440.00. Following the sale, the chief operating officer now directly owns 4,955 shares in the company, valued at approximately $291,552.20. The trade was a 76.35 % decrease in their position. The disclosure for this sale can be found here. 0.29% of the stock is owned by company insiders.

Frontdoor Profile

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.