Ryanair Holdings PLC $RYAAY Position Cut by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 22.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 268,071 shares of the transportation company’s stock after selling 78,592 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Ryanair were worth $15,495,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Capula Management Ltd acquired a new position in Ryanair during the 3rd quarter valued at about $1,235,000. Assetmark Inc. increased its stake in shares of Ryanair by 151.0% in the fourth quarter. Assetmark Inc. now owns 355,617 shares of the transportation company’s stock valued at $25,672,000 after purchasing an additional 213,948 shares during the period. Maven Securities LTD bought a new stake in shares of Ryanair during the fourth quarter valued at approximately $11,255,000. Metropolis Capital Ltd raised its holdings in shares of Ryanair by 10.8% during the first quarter. Metropolis Capital Ltd now owns 3,949,246 shares of the transportation company’s stock valued at $228,266,000 after buying an additional 385,444 shares during the last quarter. Finally, Hudson Edge Investment Partners Inc. boosted its position in shares of Ryanair by 2.9% during the first quarter. Hudson Edge Investment Partners Inc. now owns 977,250 shares of the transportation company’s stock worth $56,485,000 after buying an additional 27,700 shares during the period. Institutional investors own 43.66% of the company’s stock.

Insider Activity at Ryanair

In other news, CEO Andreas Gruber sold 13,467 shares of Ryanair stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total transaction of $350,276.67. Following the transaction, the chief executive officer directly owned 20,858 shares in the company, valued at approximately $542,516.58. This trade represents a 39.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Eddie Joseph Wilson sold 21,080 shares of the business’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 $548,290.80. Following the completion of the sale, the chief executive officer directly owned 132,526 shares in the company, valued at $3,447,001.26. This represents a 13.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 126,607 shares of company stock worth $3,386,997 in the last quarter.

Ryanair Stock Performance

Ryanair stock opened at $64.63 on Monday. Ryanair Holdings PLC has a 12-month low of $53.14 and a 12-month high of $74.24. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.90 and a quick ratio of 0.90. The stock has a market capitalization of $33.63 billion, a PE ratio of 13.72, a price-to-earnings-growth ratio of 1.69 and a beta of 1.15. The firm has a 50 day simple moving average of $60.07 and a 200-day simple moving average of $63.34.

Ryanair (NASDAQ:RYAAY) last announced its earnings results on Tuesday, May 19th. The transportation company reported ($0.86) EPS for the quarter, topping the consensus estimate of ($0.95) by $0.09. The firm had revenue of $2.70 billion for 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 expect that Ryanair Holdings PLC will post 4.36 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Zacks Research lowered Ryanair from a “hold” rating to a “strong sell” rating in a report on Thursday, April 30th. Sanford C. Bernstein set a $79.00 price target on Ryanair in a research report on Monday, July 6th. Weiss Ratings lowered Ryanair from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. Morgan Stanley reissued an “overweight” rating on shares of Ryanair in a research note on Monday, June 22nd. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a report on Tuesday, May 19th. One research 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, the stock currently has an average rating of “Moderate Buy” and an average price target of $78.33.

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.