Eddie Joseph Wilson Sells 21,080 Shares of Ryanair (NASDAQ:RYAAY) Stock

Ryanair Holdings PLC (NASDAQ:RYAAY) CEO Eddie Joseph Wilson sold 21,080 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $548,290.80. Following the completion of the transaction, the chief executive officer owned 132,526 shares in the company, valued at approximately $3,447,001.26. This trade represents a 13.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ryanair Trading Up 3.8%

NASDAQ:RYAAY 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. Ryanair Holdings PLC has a one year low of $53.14 and a one year high of $74.24. The business’s 50-day simple moving average is $58.58 and its 200 day simple moving average is $64.50. The stock has a market cap of $31.05 billion, a price-to-earnings ratio of 12.66, a price-to-earnings-growth ratio of 1.39 and a beta of 1.13.

Ryanair (NASDAQ:RYAAY) last released 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. Ryanair had a return on equity of 25.58% and a net margin of 13.95%.The business had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $3.08 billion. As a group, sell-side analysts predict that Ryanair Holdings PLC will post 4.51 earnings per share for the current fiscal year.

Ryanair News Roundup

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

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a report on Tuesday. Wall Street Zen downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Sunday, January 25th. Erste Group Bank downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Evercore raised Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 target price on the stock in a report on Thursday, March 12th. Finally, Weiss Ratings downgraded Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. One investment 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $75.67.

Institutional Trading of Ryanair

A number of institutional investors and hedge funds have recently made changes to their positions in RYAAY. CIBC Private Wealth Group LLC raised its position in shares of Ryanair by 280.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock worth $28,000 after purchasing an additional 348 shares during the period. Pin Oak Investment Advisors Inc. raised its position in shares of Ryanair by 76.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after purchasing an additional 209 shares during the period. UMB Bank n.a. raised its position in shares of Ryanair by 1,057.4% during the 3rd quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock worth $33,000 after purchasing an additional 497 shares during the period. Brown Brothers Harriman & Co. raised its position in shares of Ryanair by 2,929.4% during the 4th quarter. Brown Brothers Harriman & Co. now owns 515 shares of the transportation company’s stock worth $37,000 after purchasing an additional 498 shares during the period. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of Ryanair by 39.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company’s stock worth $42,000 after purchasing an additional 165 shares during the period. 43.66% of the stock is currently owned by institutional investors and hedge funds.

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.