Insider Selling: Ryanair (NASDAQ:RYAAY) Insider Sells 8,080 Shares of Stock

Ryanair Holdings PLC (NASDAQ:RYAAY – Get Free Report) insider David Patrick Dpo O’brien sold 8,080 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total transaction of $210,160.80. Following the completion of the sale, the insider directly owned 73,183 shares of the company’s stock, valued at approximately $1,903,489.83. This trade represents a 9.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ryanair Stock Performance

RYAAY traded up $0.53 on Thursday, reaching $57.42. The company had a trading volume of 1,660,166 shares, compared to its average volume of 1,520,157. Ryanair Holdings PLC has a 1 year low of $53.14 and a 1 year high of $74.24. The stock has a market capitalization of $29.90 billion, a PE ratio of 12.19, a P/E/G ratio of 1.25 and a beta of 1.13. The company has a quick ratio of 0.67, a current ratio of 0.90 and a debt-to-equity ratio of 0.01. The stock has a 50-day moving average price of $58.67 and a 200-day moving average price of $64.54.

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Ryanair (NASDAQ:RYAAY – Get Free Report) last released its quarterly earnings results on Monday, May 18th. The transportation company reported ($0.86) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.09. The firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $3.08 billion. Ryanair had a return on equity of 25.58% and a net margin of 13.95%. As a group, research analysts forecast that Ryanair Holdings PLC will post 4.72 EPS for the current fiscal year.

Institutional Investors Weigh In On Ryanair

Several large investors have recently modified their holdings of the stock. LVW Advisors LLC raised its stake in shares of Ryanair by 2.6% during the fourth quarter. LVW Advisors LLC now owns 6,276 shares of the transportation company’s stock worth $453,000 after purchasing an additional 158 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in shares of Ryanair by 39.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company’s stock worth $42,000 after purchasing an additional 165 shares during the last quarter. Strategic Investment Advisors MI raised its stake in shares of Ryanair by 4.9% during the first quarter. Strategic Investment Advisors MI now owns 3,965 shares of the transportation company’s stock worth $230,000 after purchasing an additional 184 shares during the last quarter. One Wealth Advisors LLC raised its stake in shares of Ryanair by 3.1% during the fourth quarter. One Wealth Advisors LLC now owns 6,225 shares of the transportation company’s stock worth $449,000 after purchasing an additional 185 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its stake in shares of Ryanair by 41.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 669 shares of the transportation company’s stock worth $48,000 after purchasing an additional 197 shares during the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on RYAAY. Zacks Research downgraded Ryanair from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 30th. Evercore upgraded shares of Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price target for the company in a research report on Thursday, March 12th. Morgan Stanley reiterated an “overweight” rating on shares of Ryanair in a research report on Tuesday, January 27th. Citigroup reiterated a “buy” rating on shares of Ryanair in a research report on Tuesday. Finally, Sanford C. Bernstein upgraded shares of Ryanair from a “market perform” rating to an “outperform” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $75.67.

Check Out Our Latest Research Report on RYAAY

Ryanair Company Profile

(Get Free Report)

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.

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