Ryanair (NASDAQ:RYAAY) Insider Jason Paul Mcguinness Sells 9,999 Shares of Stock

Ryanair Holdings PLC (NASDAQ:RYAAY) insider Jason Paul Mcguinness sold 9,999 shares of Ryanair stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $27.56, for a total transaction of $275,572.44. Following the sale, the insider owned 14,305 shares in the company, valued at $394,245.80. This represents a 41.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Jason Paul Mcguinness also recently made the following trade(s):

• On Tuesday, May 19th, Jason Paul Mcguinness sold 12,562 shares of Ryanair stock. The stock was sold at an average price of $26.01, for a total transaction of $326,737.62.

Ryanair Stock Up 1.1%

Shares of NASDAQ:RYAAY opened at $60.29 on Wednesday. Ryanair Holdings PLC has a 52 week low of $53.14 and a 52 week high of $74.24. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.90 and a current ratio of 0.90. The company’s fifty day moving average is $58.52 and its 200-day moving average is $64.44. The company has a market capitalization of $31.40 billion, a PE ratio of 12.80, a P/E/G ratio of 1.44 and a beta of 1.13.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Tuesday, May 19th. The transportation company reported ($0.86) earnings per share (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 net margin of 13.95% and a return on equity of 25.58%. Equities research analysts predict that Ryanair Holdings PLC will post 4.51 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Erste Group Bank downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Evercore upgraded shares of 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. Citigroup restated a “buy” rating on shares of Ryanair in a research report on Tuesday, May 19th. Morgan Stanley restated an “overweight” rating on shares of Ryanair in a research report on Tuesday, January 27th. Finally, Weiss Ratings downgraded shares of Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. One equities research 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $75.67.

Hedge Funds Weigh In On Ryanair

Several hedge funds have recently made changes to their positions in the business. LVW Advisors LLC grew its stake in shares of Ryanair by 2.6% during the 4th quarter. LVW Advisors LLC now owns 6,276 shares of the transportation company’s stock worth $453,000 after acquiring an additional 158 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake 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 acquiring an additional 165 shares in the last quarter. Strategic Investment Advisors MI grew its stake 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 worth $230,000 after acquiring an additional 184 shares in the last quarter. One Wealth Advisors LLC grew its stake in shares of Ryanair by 3.1% during the 4th quarter. One Wealth Advisors LLC now owns 6,225 shares of the transportation company’s stock worth $449,000 after acquiring an additional 185 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its stake in shares of Ryanair by 41.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 669 shares of the transportation company’s stock worth $48,000 after acquiring an additional 197 shares in the last quarter. 43.66% of the stock is owned by institutional investors.

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.