Ryanair (NASDAQ:RYAAY) Insider Sells $275,572.44 in Stock

Ryanair Holdings PLC (NASDAQ:RYAAY) insider Jason Paul Mcguinness sold 9,999 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $27.56, for a total value of $275,572.44. Following the completion of the transaction, the insider directly owned 14,305 shares of the company’s stock, valued at $394,245.80. The trade was a 41.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Jason Paul Mcguinness also recently made the following trade(s):

• On Tuesday, May 19th, Jason Paul Mcguinness sold 12,562 shares of Ryanair stock. The stock was sold at an average price of $26.01, for a total value of $326,737.62.

Ryanair Stock Performance

Shares of Ryanair stock traded up $0.67 during trading hours on Tuesday, reaching $60.29. The company had a trading volume of 1,885,121 shares, compared to its average volume of 1,534,807. Ryanair Holdings PLC has a one year low of $53.14 and a one year high of $74.24. The business has a fifty day simple moving average of $58.54 and a 200 day simple moving average of $64.47. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.90 and a quick ratio of 0.67. The firm has a market cap of $31.40 billion, a PE ratio of 12.80, a price-to-earnings-growth ratio of 1.44 and a beta of 1.13.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Tuesday, May 19th. The transportation company reported ($0.86) EPS for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.09. Ryanair had a return on equity of 25.58% and a net margin of 13.95%.The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $3.08 billion. On average, analysts anticipate that Ryanair Holdings PLC will post 4.51 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ryanair

Institutional investors and hedge funds have recently made changes to their positions in the business. CIBC Private Wealth Group LLC raised its position in shares of Ryanair by 280.6% in the third quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock worth $28,000 after buying an additional 348 shares in the last quarter. Pin Oak Investment Advisors Inc. raised its position in shares of Ryanair by 76.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after buying an additional 209 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in shares of Ryanair by 2,929.4% in the fourth quarter. Brown Brothers Harriman & Co. now owns 515 shares of the transportation company’s stock worth $37,000 after buying an additional 498 shares in the last quarter. UMB Bank n.a. raised its position in shares of Ryanair by 1,057.4% in the third quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock worth $33,000 after buying an additional 497 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of Ryanair by 39.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company’s stock worth $42,000 after buying an additional 165 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 research firms have recently commented on RYAAY. Erste Group Bank lowered Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Weiss Ratings lowered Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Zacks Research downgraded Ryanair from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 30th. Sanford C. Bernstein upgraded Ryanair from a “market perform” rating to an “outperform” rating in a research report on Monday, April 13th. Finally, Evercore upgraded Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price objective on the stock in a research 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 given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target 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.