Ryanair Holdings PLC (NASDAQ:RYAAY – Get Free Report) insider Carol Sharkey sold 6,166 shares of the company’s stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $28.06, for a total value of $173,017.96. Following the completion of the transaction, the insider owned 7,970 shares of the company’s stock, valued at $223,638.20. The trade was a 43.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
Ryanair Price Performance
Shares of NASDAQ:RYAAY traded down $0.51 during midday trading on Thursday, reaching $58.54. 2,634,165 shares of the company’s stock were exchanged, compared to its average volume of 1,532,813. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.79 and a current ratio of 1.17. The company’s 50 day simple moving average is $54.19 and its two-hundred day simple moving average is $59.67. The firm has a market capitalization of $30.32 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 4.84 and a beta of 1.22. Ryanair Holdings PLC has a 12 month low of $51.02 and a 12 month high of $74.24.
Analyst Upgrades and Downgrades
Several analysts have weighed in on RYAAY shares. Raymond James Financial reaffirmed a “strong-buy” rating and set a $74.00 price objective on shares of Ryanair in a research note on Monday, August 24th. Oddo Bhf lowered Ryanair from an “outperform” rating to an “underperform” rating in a research report on Wednesday, October 28th. Weiss Ratings cut Ryanair from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, September 4th. Morgan Stanley initiated coverage on shares of Ryanair in a research report on Friday, August 14th. They set an “overweight” rating and a $62.90 target price on the stock. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Ryanair in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Ryanair currently has an average rating of “Moderate Buy” and an average price target of $73.97.
Get Our Latest Stock Report on Ryanair
Hedge Funds Weigh In On Ryanair
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc grew its holdings in shares of Ryanair by 48.1% during the second quarter. IFP Advisors Inc now owns 665 shares of the transportation company’s stock worth $43,000 after buying an additional 216 shares in the last quarter. Fortitude Family Office LLC increased its stake in shares of Ryanair by 18.9% during the 3rd quarter. Fortitude Family Office LLC now owns 1,495 shares of the transportation company’s stock worth $82,000 after purchasing an additional 238 shares during the last quarter. Leonteq Securities AG lifted its holdings in Ryanair by 2,084.9% during the 2nd quarter. Leonteq Securities AG now owns 2,032 shares of the transportation company’s stock valued at $132,000 after purchasing an additional 1,939 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Ryanair by 68.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,461 shares of the transportation company’s stock valued at $159,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in Ryanair by 42.4% in the 1st quarter. Parallel Advisors LLC now owns 2,886 shares of the transportation company’s stock worth $167,000 after purchasing an additional 859 shares in the last quarter. 43.65% of the stock is owned by institutional investors and hedge funds.
Ryanair Company Profile
Ryanair Holdings plc is an Ireland-based airline group and the parent company of Ryanair, one of Europe’s largest low-cost carriers. The group operates a primarily short-haul network focused on affordable air travel, offering scheduled passenger flights, seat reservations, priority boarding, and related travel services.
Ryanair’s airline operations include Ryanair DAC, Malta Air, Buzz, Lauda, and Ryanair UK. Together, these carriers serve destinations across Europe and selected markets in North Africa and the Middle East, connecting major cities and regional airports through a point-to-point route network.
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