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

Ryanair Holdings PLC (NASDAQ:RYAAY) insider Jason Paul Mcguinness sold 9,999 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $27.56, for a total value of $275,572.44. Following the completion of the sale, the insider directly owned 14,305 shares of the company’s stock, valued at approximately $394,245.80. This trade represents a 41.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

Ryanair Stock Performance

Shares of RYAAY stock traded up $0.67 during trading on Tuesday, hitting $60.29. The company’s stock had a trading volume of 1,885,121 shares, compared to its average volume of 1,534,807. The company has a market cap of $31.40 billion, a PE ratio of 12.80, a P/E/G ratio of 1.44 and a beta of 1.13. The company has a current ratio of 0.90, a quick ratio of 0.67 and a debt-to-equity ratio of 0.01. The business has a fifty day moving average of $58.54 and a 200-day moving average of $64.47. Ryanair Holdings PLC has a 52 week low of $53.14 and a 52 week high of $74.24.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Tuesday, May 19th. The transportation company reported ($0.86) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.95) by $0.09. The company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $3.08 billion. Ryanair had a return on equity of 25.58% and a net margin of 13.95%. As a group, research analysts anticipate that Ryanair Holdings PLC will post 4.51 earnings per share for the current year.

Hedge Funds Weigh In On Ryanair

Several institutional investors and hedge funds have recently bought and sold shares of the company. Capital International Investors grew its holdings in Ryanair by 6.6% during the fourth quarter. Capital International Investors now owns 39,929,929 shares of the transportation company’s stock valued at $2,884,834,000 after purchasing an additional 2,464,742 shares during the period. Capital World Investors grew its holdings in Ryanair by 1.0% during the fourth quarter. Capital World Investors now owns 31,051,257 shares of the transportation company’s stock valued at $2,241,612,000 after purchasing an additional 312,323 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in Ryanair by 15.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,304,889 shares of the transportation company’s stock valued at $527,341,000 after purchasing an additional 985,939 shares during the period. Janus Henderson Group PLC grew its holdings in Ryanair by 3.3% during the first quarter. Janus Henderson Group PLC now owns 5,752,264 shares of the transportation company’s stock valued at $332,480,000 after purchasing an additional 185,110 shares during the period. Finally, Metropolis Capital Ltd grew its holdings in 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 purchasing an additional 385,444 shares during the period. 43.66% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on RYAAY. Zacks Research lowered Ryanair from a “hold” rating to a “strong sell” rating in a report on Thursday, April 30th. Evercore raised Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 target price for the company in a report on Thursday, March 12th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a report on Tuesday, May 19th. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a report on Tuesday, May 19th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Ryanair in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently 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.