Carol Marie Sharkey Sells 6,999 Shares of Ryanair (NASDAQ:RYAAY) Stock

Ryanair Holdings PLC (NASDAQ:RYAAY) insider Carol Marie Sharkey sold 6,999 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total transaction of $182,043.99. Following the completion of the sale, the insider directly owned 14,136 shares of the company’s stock, valued at $367,677.36. The trade was a 33.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $59.62 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.90 and a quick ratio of 0.67. Ryanair Holdings PLC has a 1-year low of $53.14 and a 1-year high of $74.24. The company has a market capitalization of $31.05 billion, a price-to-earnings ratio of 12.66, a PEG ratio of 1.39 and a beta of 1.13. The business has a 50-day moving average of $58.58 and a 200-day moving average of $64.50.

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. The firm had revenue of $2.70 billion for 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%. On average, equities analysts anticipate that Ryanair Holdings PLC will post 4.51 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on RYAAY shares. Sanford C. Bernstein raised shares of Ryanair from a “market perform” rating to an “outperform” rating in a report on Monday, April 13th. Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a research report on Tuesday. Weiss Ratings lowered Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Citigroup reiterated a “buy” rating on shares of Ryanair in a research note on Tuesday. Finally, Morgan Stanley restated an “overweight” rating on shares of Ryanair in a research note on Tuesday, January 27th. One investment 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, the stock has an average rating of “Moderate Buy” and an average 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

Hedge Funds Weigh In On Ryanair

Several large investors have recently modified their holdings of the stock. Summitry LLC grew its stake in Ryanair by 5.4% in the first quarter. Summitry LLC now owns 4,715 shares of the transportation company’s stock worth $273,000 after purchasing an additional 243 shares in the last quarter. Bank of America Corp DE grew its position in shares of Ryanair by 9.0% in the 1st quarter. Bank of America Corp DE now owns 2,052,677 shares of the transportation company’s stock worth $118,645,000 after acquiring an additional 170,242 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Ryanair by 3.3% in the 1st quarter. Janus Henderson Group PLC now owns 5,752,264 shares of the transportation company’s stock valued at $332,480,000 after acquiring an additional 185,110 shares during the last quarter. Strategic Investment Advisors MI raised its position in shares of Ryanair by 4.9% during the 1st quarter. Strategic Investment Advisors MI now owns 3,965 shares of the transportation company’s stock valued at $230,000 after acquiring an additional 184 shares in the last quarter. Finally, Amundi bought a new position in Ryanair during the first quarter worth $349,000. Institutional investors own 43.66% of the company’s stock.

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.