Diversify Wealth Management LLC Buys 11,103 Shares of Ryanair Holdings PLC $RYAAY

Diversify Wealth Management LLC raised its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 46.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 35,043 shares of the transportation company’s stock after purchasing an additional 11,103 shares during the quarter. Diversify Wealth Management LLC’s holdings in Ryanair were worth $1,889,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Personal CFO Solutions LLC grew its position in Ryanair by 3.8% during the first quarter. Personal CFO Solutions LLC now owns 6,513 shares of the transportation company’s stock worth $376,000 after buying an additional 237 shares in the last quarter. Sageworth Trust Co acquired a new position in Ryanair in the 1st quarter valued at approximately $427,000. Hudson Edge Investment Partners Inc. raised its holdings in Ryanair by 2.9% in the 1st quarter. Hudson Edge Investment Partners Inc. now owns 977,250 shares of the transportation company’s stock valued at $56,485,000 after acquiring an additional 27,700 shares in the last quarter. QRG Capital Management Inc. lifted its position in shares of Ryanair by 6.9% in the 1st quarter. QRG Capital Management Inc. now owns 70,264 shares of the transportation company’s stock worth $4,061,000 after acquiring an additional 4,555 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Ryanair in the 1st quarter worth approximately $4,190,000. Institutional investors and hedge funds own 43.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Sanford C. Bernstein set a $79.00 price objective on Ryanair in a research report on Monday, July 6th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a research report on Tuesday, May 19th. Zacks Research downgraded shares of Ryanair from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 30th. Weiss Ratings lowered shares of Ryanair from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Ryanair in a research note on Tuesday. One 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 company’s stock. According to MarketBeat.com, Ryanair presently has an average rating of “Moderate Buy” and an average target price of $78.33.

Insider Activity at Ryanair

In related news, insider Juliusz Grzegorz Komorek sold 14,053 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total transaction of $365,518.53. Following the completion of the sale, the insider owned 46,264 shares in the company, valued at $1,203,326.64. This trade represents a 23.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Jason Paul Mcguinness sold 12,562 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total transaction of $326,737.62. Following the sale, the insider owned 24,304 shares of the company’s stock, valued at $632,147.04. This trade represents a 34.07% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 126,607 shares of company stock valued at $3,386,997.

Ryanair Price Performance

Ryanair stock opened at $64.29 on Wednesday. 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 company has a market capitalization of $33.45 billion, a PE ratio of 13.65, a price-to-earnings-growth ratio of 1.67 and a beta of 1.15. Ryanair Holdings PLC has a one year low of $53.14 and a one year high of $74.24. The business has a 50 day simple moving average of $60.45 and a 200 day simple moving average of $63.21.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings results on Tuesday, May 19th. The transportation company reported ($0.86) earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $3.08 billion. On average, sell-side analysts forecast that Ryanair Holdings PLC will post 4.36 EPS for the current fiscal year.

Ryanair 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.