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

Ryanair Holdings PLC (NASDAQ:RYAAY) insider David Patrick Dpo O’brien sold 8,080 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $210,160.80. Following the sale, the insider directly owned 73,183 shares in the company, valued at $1,903,489.83. This represents a 9.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ryanair Stock Up 0.9%

Shares of Ryanair stock traded up $0.53 during trading hours on Thursday, reaching $57.42. 1,660,166 shares of the company were exchanged, compared to its average volume of 1,520,157. The stock’s fifty day moving average is $58.67 and its 200 day moving average is $64.54. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.67 and a current ratio of 0.90. The firm has a market cap of $29.90 billion, a PE ratio of 12.19, a PEG ratio of 1.25 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.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, May 18th. The transportation company reported ($0.86) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.95) by $0.09. The business had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $3.08 billion. Ryanair had a return on equity of 25.58% and a net margin of 13.95%. As a group, equities research analysts forecast that Ryanair Holdings PLC will post 4.72 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on RYAAY. Weiss Ratings downgraded shares of Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Citigroup reissued a “buy” rating on shares of Ryanair in a research report on Tuesday. Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a research report on Tuesday. Sanford C. Bernstein raised shares of Ryanair from a “market perform” rating to an “outperform” rating in a research report on Monday, April 13th. Finally, Evercore raised Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price target for the company in a report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $75.67.

Hedge Funds Weigh In On Ryanair

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

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.