Ryanair (NASDAQ:RYAAY) Insider Carol Marie Sharkey Sells 6,166 Shares of Stock

Ryanair Holdings PLC (NASDAQ:RYAAY) insider Carol Sharkey sold 6,166 shares of Ryanair stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $28.06, for a total transaction of $173,017.96. Following the completion of the sale, the insider owned 7,970 shares of the company’s stock, valued at approximately $223,638.20. This trade represents a 43.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Ryanair Trading Down 0.9%

RYAAY opened at $58.53 on Friday. The stock has a market capitalization of $30.31 billion, a PE ratio of 14.86, a P/E/G ratio of 4.86 and a beta of 1.22. The firm’s fifty day moving average price is $54.22 and its 200 day moving average price is $59.62. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.17 and a quick ratio of 0.79. Ryanair Holdings PLC has a 12-month low of $51.02 and a 12-month high of $74.24.

Analyst Ratings Changes

RYAAY has been the topic of a number of recent analyst reports. Raymond James Financial restated a “strong-buy” rating and issued a $74.00 target price on shares of Ryanair in a research note on Monday, August 24th. Sanford C. Bernstein reissued an “outperform” rating on shares of Ryanair in a report on Tuesday, July 21st. Morgan Stanley began coverage on Ryanair in a report on Friday, August 14th. They issued an “overweight” rating and a $62.90 price objective for the company. Oddo Bhf cut Ryanair from an “outperform” rating to an “underperform” rating in a research note on Wednesday, October 28th. Finally, Zacks Research raised Ryanair from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $73.97.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Janus Henderson Group PLC lifted its holdings in Ryanair by 3.3% in the first quarter. Janus Henderson Group PLC now owns 5,752,264 shares of the transportation company’s stock worth $332,480,000 after purchasing an additional 185,110 shares during the period. Wellington Management Group LLP grew its position in Ryanair by 0.4% in the 2nd quarter. Wellington Management Group LLP now owns 4,007,671 shares of the transportation company’s stock valued at $259,497,000 after buying an additional 14,074 shares in the last quarter. Trinity Street Asset Management LLP grew its position in Ryanair by 3.2% in the 2nd quarter. Trinity Street Asset Management LLP now owns 3,567,449 shares of the transportation company’s stock valued at $230,992,000 after buying an additional 110,700 shares in the last quarter. Sei Investments Co. increased its stake in Ryanair by 34.3% during the 1st quarter. Sei Investments Co. now owns 2,172,317 shares of the transportation company’s stock valued at $125,560,000 after buying an additional 555,029 shares during the period. Finally, Bank of America Corp DE increased its stake in Ryanair by 9.0% during the 1st quarter. Bank of America Corp DE now owns 2,052,677 shares of the transportation company’s stock valued at $118,645,000 after buying an additional 170,242 shares during the period. 43.65% of the stock is owned by institutional investors and hedge funds.

About Ryanair

Ryanair Holdings plc is an Ireland-based airline group and the parent company of Ryanair, one of Europe’s largest low-cost carriers. The group operates a primarily short-haul network focused on affordable air travel, offering scheduled passenger flights, seat reservations, priority boarding, and related travel services.

Ryanair’s airline operations include Ryanair DAC, Malta Air, Buzz, Lauda, and Ryanair UK. Together, these carriers serve destinations across Europe and selected markets in North Africa and the Middle East, connecting major cities and regional airports through a point-to-point route network.