Ryanair (NASDAQ:RYAAY) CFO Sells $213,203.97 in Stock

Ryanair Holdings PLC (NASDAQ:RYAAYGet Free Report) CFO Tracey Mccann sold 8,197 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 $213,203.97. Following the completion of the transaction, the chief financial officer owned 38,703 shares of the company’s stock, valued at approximately $1,006,665.03. This represents a 17.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $59.62 on Friday. The firm has a market cap of $31.05 billion, a PE ratio of 12.66, a PEG ratio of 1.44 and a beta of 1.13. The firm has a fifty day moving average of $58.58 and a 200 day moving average of $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 Holdings PLC has a one year low of $53.14 and a one year high of $74.24.

Ryanair (NASDAQ:RYAAYGet Free Report) last issued its quarterly earnings results on Monday, May 18th. The transportation company reported ($0.86) EPS for the quarter, topping the consensus estimate of ($0.95) by $0.09. The company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $3.08 billion. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. As a group, research analysts predict that Ryanair Holdings PLC will post 4.51 EPS for the current fiscal year.

More Ryanair News

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 Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. CIBC Private Wealth Group LLC raised its position in Ryanair by 280.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 348 shares during the last quarter. Pin Oak Investment Advisors Inc. increased its stake 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 during the period. UMB Bank n.a. increased its stake 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 during the period. Brown Brothers Harriman & Co. increased its stake 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 during the period. Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of Ryanair by 39.4% during the 4th 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 period. 43.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently issued reports on RYAAY. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a report on Tuesday. Erste Group Bank lowered shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Wall Street Zen lowered shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Weiss Ratings cut shares of Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Finally, Citigroup reissued a “buy” rating on shares of Ryanair in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $75.67.

Get Our Latest Stock Analysis on RYAAY

About Ryanair

(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.

See Also

Insider Buying and Selling by Quarter for Ryanair (NASDAQ:RYAAY)

Receive News & Ratings for Ryanair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryanair and related companies with MarketBeat.com's FREE daily email newsletter.