Ryanair (NASDAQ:RYAAY) Insider Juliusz Grzegorz Komorek Sells 14,053 Shares of Stock

Ryanair Holdings PLC (NASDAQ:RYAAY) insider Juliusz Grzegorz Komorek sold 14,053 shares of the firm’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 $365,518.53. Following the sale, the insider directly owned 46,264 shares of the company’s stock, valued at approximately $1,203,326.64. This represents a 23.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ryanair Stock Performance

RYAAY opened at $57.42 on Friday. The firm has a market cap of $29.90 billion, a PE ratio of 12.19, a P/E/G ratio of 1.33 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 business has a fifty day simple moving average of $58.67 and a 200-day simple moving average of $64.54. Ryanair Holdings PLC has a fifty-two week low of $53.14 and a fifty-two week high of $74.24.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, May 18th. The transportation company reported ($0.86) earnings per share for the quarter, topping the consensus estimate of ($0.95) by $0.09. The business had revenue of $2.70 billion during the quarter, compared to analyst estimates of $3.08 billion. Ryanair had a return on equity of 25.58% and a net margin of 13.95%. As a group, equities analysts predict that Ryanair Holdings PLC will post 4.65 EPS for the current fiscal year.

More Ryanair News

Here are the key news stories impacting Ryanair this week:

• Neutral Sentiment: Several Ryanair insiders sold shares, but the filings state the transactions were made to cover tax withholding obligations tied to vesting equity awards, which usually makes the activity less concerning for investors. CEO Andreas Gruber sale filing
• Neutral Sentiment: The sales were spread across top management, including the CEO, CFO, CMO, and other insiders, but the disclosures do not indicate a change in the company’s operating outlook or a strategic shift. CFO Tracey Mccann sale filing
• Neutral Sentiment: The insider selling may keep some pressure on sentiment in the short term, but because it appears routine and tax-related, it is less likely to be viewed as a strong bearish signal. CEO Eddie Joseph Wilson sale filing

Institutional Trading of Ryanair

A number of hedge funds have recently modified their holdings of RYAAY. LVW Advisors LLC raised its holdings 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 acquiring an additional 158 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings 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 acquiring an additional 165 shares in the last quarter. Strategic Investment Advisors MI raised its holdings 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 acquiring an additional 184 shares in the last quarter. One Wealth Advisors LLC raised its holdings 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 acquiring an additional 185 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its holdings 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 acquiring an additional 197 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Weiss Ratings lowered Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Royal Bank Of Canada restated an “outperform” rating on shares of Ryanair in a report on Tuesday. Morgan Stanley restated an “overweight” rating on shares of Ryanair in a report on Tuesday, January 27th. Wall Street Zen lowered Ryanair from a “buy” rating to a “hold” rating in a report on Sunday, January 25th. Finally, Sanford C. Bernstein upgraded Ryanair from a “market perform” rating to an “outperform” rating in a report on Monday, April 13th. One investment 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 company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $75.67.

About Ryanair

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.