David Patrick Dpo O’brien Sells 8,080 Shares of Ryanair (NASDAQ:RYAAY) Stock

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

Ryanair Stock Performance

RYAAY stock opened at $59.62 on Friday. 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 stock has a market cap of $31.05 billion, a P/E ratio of 12.66, a P/E/G ratio of 1.39 and a beta of 1.13. The firm has a 50 day simple moving average of $58.58 and a 200 day simple moving average of $64.50. Ryanair Holdings PLC has a 52 week low of $53.14 and a 52 week high of $74.24.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Monday, May 18th. The transportation company reported ($0.86) EPS 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 analysts’ expectations of $3.08 billion. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. Research analysts anticipate that Ryanair Holdings PLC will post 4.51 earnings per share for the current fiscal year.

Key Stories Impacting Ryanair

Here are the key news stories impacting Ryanair this week:

• Neutral Sentiment: Multiple Ryanair insiders sold shares, but the company said the transactions were related to tax withholding on vested equity awards, suggesting the activity may be routine rather than a negative signal. CEO Andreas Gruber sale filing
• Neutral Sentiment: Ryanair also reported a mixed quarterly update: earnings per share beat estimates, but revenue came in below expectations, leaving investors with a balanced read on operating performance. Ryanair earnings and stock information
• Positive Sentiment: Analysts remain generally constructive on Ryanair Holdings PLC (NASDAQ: RYAAY), with several firms reiterating bullish ratings and an overall “Moderate Buy” consensus, which may be supporting the stock. Analyst ratings overview

Institutional Trading of Ryanair

A number of institutional investors have recently added to or reduced their stakes in RYAAY. CIBC Private Wealth Group LLC lifted its stake in Ryanair by 280.6% in the third quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 348 shares during the last quarter. Pin Oak Investment Advisors Inc. lifted its stake in Ryanair by 76.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 209 shares during the last quarter. UMB Bank n.a. lifted its stake 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 during the last quarter. Brown Brothers Harriman & Co. lifted its stake 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 during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake 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 during the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on RYAAY shares. Zacks Research cut shares of Ryanair from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 30th. Wall Street Zen cut shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Evercore upgraded shares of Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 target price for the company in a research note on Thursday, March 12th. Citigroup reiterated a “buy” rating on shares of Ryanair in a research note on Tuesday. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Ryanair in a research note on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus 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.