John Jh Hurley Sells 15,000 Shares of Ryanair (NASDAQ:RYAAY) Stock

Ryanair Holdings PLC (NASDAQ:RYAAY) insider John Jh Hurley sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $31.24, for a total transaction of $468,600.00. Following the completion of the transaction, the insider owned 76,025 shares in the company, valued at $2,375,021. This trade represents a 16.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $64.32 on Tuesday. Ryanair Holdings PLC has a twelve month low of $53.14 and a twelve month high of $74.24. The firm has a fifty day simple moving average of $58.69 and a 200 day simple moving average of $63.70. The company has a market capitalization of $33.47 billion, a PE ratio of 13.66, a P/E/G ratio of 1.65 and a beta of 1.15. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.01.

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. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. The business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $3.08 billion. On average, sell-side analysts forecast that Ryanair Holdings PLC will post 4.25 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in RYAAY. CIBC Private Wealth Group LLC boosted its position 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 valued at $28,000 after acquiring an additional 348 shares during the period. Pin Oak Investment Advisors Inc. boosted its holdings in Ryanair by 76.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 209 shares during the period. Brown Brothers Harriman & Co. grew 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 valued at $37,000 after purchasing an additional 498 shares in the last quarter. Caitong International Asset Management Co. Ltd grew 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 valued at $42,000 after purchasing an additional 165 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in shares of Ryanair by 64.9% in the fourth quarter. Larson Financial Group LLC now owns 653 shares of the transportation company’s stock worth $47,000 after purchasing an additional 257 shares during the period. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on RYAAY. Evercore raised Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 target price on the stock in a research report on Thursday, March 12th. Royal Bank Of Canada restated an “outperform” rating on shares of Ryanair in a research note on Tuesday, May 19th. Zacks Research downgraded Ryanair from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 30th. Morgan Stanley reaffirmed an “overweight” rating on shares of Ryanair in a research report on Monday, June 22nd. Finally, Citigroup reiterated a “buy” rating on shares of Ryanair in a report on Tuesday, May 19th. One equities 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $77.67.

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.