Inspire Investing LLC Purchases 12,573 Shares of Ryanair Holdings PLC $RYAAY

Inspire Investing LLC lifted its position in Ryanair Holdings PLC (NASDAQ:RYAAY) by 32.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,994 shares of the transportation company’s stock after buying an additional 12,573 shares during the period. Inspire Investing LLC’s holdings in Ryanair were worth $2,947,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. CIBC Private Wealth Group LLC lifted its position in Ryanair by 280.6% during 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 last quarter. Pin Oak Investment Advisors Inc. grew its holdings in Ryanair by 76.0% in the third 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 last quarter. Brown Brothers Harriman & Co. grew its holdings in Ryanair by 2,929.4% in the fourth 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 last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Ryanair by 39.4% in the fourth 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 last quarter. Finally, Larson Financial Group LLC increased its position in shares of Ryanair by 64.9% during 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 in the last quarter. Institutional investors own 43.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on RYAAY shares. Citigroup reiterated a “buy” rating on shares of Ryanair in a report 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. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $77.00 target price on shares of Ryanair in a research report on Monday, June 8th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research note on Tuesday, May 19th. Finally, Evercore raised Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price target for the company in a report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $77.67.

Insider Transactions at Ryanair

In other Ryanair news, insider Jason Paul Mcguinness sold 12,562 shares of Ryanair stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total transaction of $326,737.62. Following the completion of the sale, the insider owned 24,304 shares of the company’s stock, valued at approximately $632,147.04. The trade was a 34.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Juliusz Grzegorz Komorek sold 14,053 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total value of $365,518.53. Following the sale, the insider owned 46,264 shares in the company, valued at approximately $1,203,326.64. The trade was a 23.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 111,607 shares of company stock worth $2,918,397 over the last 90 days.

Ryanair Trading Down 0.3%

Shares of Ryanair stock opened at $64.32 on Tuesday. The firm’s 50 day simple moving average is $58.69 and its two-hundred day simple moving average is $63.70. The firm has a market capitalization of $33.47 billion, a price-to-earnings ratio of 13.66, a PEG ratio of 1.65 and a beta of 1.15. Ryanair Holdings PLC has a 12-month low of $53.14 and a 12-month high of $74.24. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.01.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Tuesday, May 19th. The transportation company reported ($0.86) EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $3.08 billion. Analysts predict that Ryanair Holdings PLC will post 4.25 EPS for the current year.

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.