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

Ryanair Holdings PLC (NASDAQ:RYAAY) insider Jason Paul Mcguinness sold 9,999 shares of Ryanair stock in a transaction dated Friday, May 22nd. The shares were 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 in the company, valued at $394,245.80. This represents a 41.14% 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.

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 shares were sold at an average price of $26.01, for a total value of $326,737.62.

Ryanair Trading Up 0.2%

NASDAQ RYAAY opened at $61.24 on Friday. Ryanair Holdings PLC has a one year low of $53.14 and a one year high of $74.24. The company’s 50 day moving average price is $58.50 and its 200 day moving average price is $64.41. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market capitalization of $31.89 billion, a price-to-earnings ratio of 13.00, a PEG ratio of 1.47 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, beating the consensus estimate of ($0.95) by $0.09. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. The firm had revenue of $2.70 billion for the quarter, compared to analyst estimates of $3.08 billion. On average, sell-side analysts predict that Ryanair Holdings PLC will post 4.51 EPS for the current year.

Hedge Funds Weigh In On Ryanair

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Oppenheimer Asset Management Inc. lifted its position in Ryanair by 33.4% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 163,875 shares of the transportation company’s stock worth $9,869,000 after acquiring an additional 41,065 shares in the last quarter. Capula Management Ltd purchased a new stake in Ryanair during the 3rd quarter worth approximately $1,235,000. Assetmark Inc. increased its holdings in Ryanair by 151.0% during the 4th quarter. Assetmark Inc. now owns 355,617 shares of the transportation company’s stock worth $25,672,000 after purchasing an additional 213,948 shares during the last quarter. US Bancorp DE grew its position in shares of Ryanair by 10,134.5% during the third quarter. US Bancorp DE now owns 35,002 shares of the transportation company’s stock worth $2,108,000 after buying an additional 34,660 shares in the last quarter. Finally, Truist Financial Corp grew its position in shares of Ryanair by 192.8% during the third quarter. Truist Financial Corp now owns 21,741 shares of the transportation company’s stock worth $1,309,000 after buying an additional 14,316 shares in the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

RYAAY has been the topic of several research reports. Sanford C. Bernstein upgraded shares of Ryanair from a “market perform” rating to an “outperform” rating in a report on Monday, April 13th. Zacks Research lowered shares of Ryanair from a “hold” rating to a “strong sell” rating in a report on Thursday, April 30th. Evercore upgraded shares of Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price target on the stock in a report on Thursday, March 12th. Weiss Ratings lowered shares of Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.67.

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.