Ryanair Holdings PLC (NASDAQ:RYAAY – Get Free Report) insider Jason Paul Mcguinness sold 12,562 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total transaction of $326,737.62. Following the sale, the insider directly owned 24,304 shares in the company, valued at $632,147.04. This trade represents a 34.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Ryanair Stock Up 3.8%
Shares of NASDAQ:RYAAY opened at $59.62 on Friday. The stock has a market capitalization of $31.05 billion, a price-to-earnings ratio of 12.66, a price-to-earnings-growth ratio of 1.39 and a beta of 1.13. Ryanair Holdings PLC has a 1-year low of $53.14 and a 1-year high of $74.24. The company’s fifty day moving average is $58.58 and its two-hundred day moving average is $64.50. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.67 and a current ratio of 0.90.
Ryanair (NASDAQ:RYAAY – Get Free Report) last issued its earnings results on Monday, May 18th. The transportation company reported ($0.86) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.09. The company had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $3.08 billion. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. Equities analysts anticipate that Ryanair Holdings PLC will post 4.51 EPS for the current year.
Analysts Set New Price Targets
Read Our Latest Analysis on RYAAY
Ryanair News Roundup
Here are the key news stories impacting Ryanair this week:
- Neutral Sentiment: Multiple Ryanair insiders sold shares, but the company said the transactions were related to tax withholding on vested equity awards, suggesting the activity may be routine rather than a negative signal. CEO Andreas Gruber sale filing
- Neutral Sentiment: Ryanair also reported a mixed quarterly update: earnings per share beat estimates, but revenue came in below expectations, leaving investors with a balanced read on operating performance. Ryanair earnings and stock information
- Positive Sentiment: Analysts remain generally constructive on Ryanair Holdings PLC (NASDAQ: RYAAY), with several firms reiterating bullish ratings and an overall “Moderate Buy” consensus, which may be supporting the stock. Analyst ratings overview
Institutional Trading of Ryanair
Large investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC increased its holdings in shares of Ryanair by 280.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock worth $28,000 after acquiring an additional 348 shares during the period. Pin Oak Investment Advisors Inc. grew its position in Ryanair by 76.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after buying an additional 209 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in Ryanair by 2,929.4% in the 4th quarter. Brown Brothers Harriman & Co. now owns 515 shares of the transportation company’s stock valued at $37,000 after buying an additional 498 shares in the last quarter. UMB Bank n.a. grew its position in Ryanair by 1,057.4% in the 3rd quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock valued at $33,000 after buying an additional 497 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its position in Ryanair by 39.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company’s stock valued at $42,000 after buying an additional 165 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.
Ryanair Company Profile
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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