Insider Selling: Ryanair (NASDAQ:RYAAY) Insider Sells $213,203.97 in Stock

Ryanair Holdings PLC (NASDAQ:RYAAY) insider Darrell Thomas Hughes sold 8,197 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $213,203.97. Following the completion of the transaction, the insider owned 37,362 shares in the company, valued at $971,785.62. This represents a 17.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ryanair Stock Up 3.8%

NASDAQ:RYAAY opened at $59.62 on Friday. Ryanair Holdings PLC has a 12-month low of $53.14 and a 12-month high of $74.24. The company has a quick ratio of 0.67, a current ratio of 0.90 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $31.05 billion, a P/E ratio of 12.66, a P/E/G ratio of 1.44 and a beta of 1.13. The stock’s fifty day simple moving average is $58.58 and its 200-day simple moving average is $64.50.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Monday, May 18th. The transportation company reported ($0.86) EPS for the quarter, topping the consensus estimate of ($0.95) by $0.09. The business had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $3.08 billion. Ryanair had a return on equity of 25.58% and a net margin of 13.95%. Equities research analysts expect that Ryanair Holdings PLC will post 4.51 earnings per share for the current year.

Institutional Trading of Ryanair

Institutional investors have recently modified their holdings of the business. CIBC Private Wealth Group LLC grew its stake in shares of Ryanair by 280.6% in the third 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 last quarter. Pin Oak Investment Advisors Inc. boosted 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 in the last quarter. UMB Bank n.a. boosted 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 in the last quarter. Brown Brothers Harriman & Co. boosted 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 in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its position in Ryanair by 39.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company’s stock valued at $42,000 after acquiring an additional 165 shares in the last quarter. Institutional investors own 43.66% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on RYAAY shares. Morgan Stanley reissued an “overweight” rating on shares of Ryanair in a research note on Tuesday, January 27th. Sanford C. Bernstein upgraded Ryanair from a “market perform” rating to an “outperform” rating in a report on Monday, April 13th. Erste Group Bank cut Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Weiss Ratings cut Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Finally, Evercore upgraded Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price objective for the company in a report on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $75.67.

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

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.