Insider Selling: Ryanair (NASDAQ:RYAAY) Insider Sells $468,600.00 in Stock

Ryanair Holdings PLC (NASDAQ:RYAAY) insider John Jh Hurley sold 15,000 shares of Ryanair stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $31.24, for a total value of $468,600.00. Following the transaction, the insider directly owned 76,025 shares in the company, valued at approximately $2,375,021. This trade represents a 16.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Ryanair Price Performance

Shares of RYAAY opened at $65.49 on Friday. The company has a market capitalization of $34.08 billion, a price-to-earnings ratio of 13.90, a P/E/G ratio of 1.69 and a beta of 1.15. Ryanair Holdings PLC has a fifty-two week low of $53.14 and a fifty-two week high of $74.24. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.90 and a quick ratio of 0.90. The business’s 50-day moving average is $58.93 and its 200-day moving average is $63.59.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results 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 analysts’ expectations of $3.08 billion. Equities research analysts expect that Ryanair Holdings PLC will post 4.29 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Capital International Investors lifted its stake in shares of Ryanair by 6.6% in the 4th quarter. Capital International Investors now owns 39,929,929 shares of the transportation company’s stock valued at $2,884,834,000 after purchasing an additional 2,464,742 shares during the last quarter. Capital World Investors boosted its holdings in Ryanair by 1.0% in the fourth quarter. Capital World Investors now owns 31,051,257 shares of the transportation company’s stock worth $2,241,612,000 after purchasing an additional 312,323 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in Ryanair by 15.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,304,889 shares of the transportation company’s stock worth $527,341,000 after buying an additional 985,939 shares during the last quarter. Janus Henderson Group PLC raised its holdings in Ryanair by 3.3% during the first quarter. Janus Henderson Group PLC now owns 5,752,264 shares of the transportation company’s stock valued at $332,480,000 after buying an additional 185,110 shares in the last quarter. Finally, Metropolis Capital Ltd raised its holdings in Ryanair by 10.8% during the first quarter. Metropolis Capital Ltd now owns 3,949,246 shares of the transportation company’s stock valued at $228,266,000 after buying an additional 385,444 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Zacks Research cut shares of Ryanair from a “hold” rating to a “strong sell” rating in a report on Thursday, April 30th. Sanford C. Bernstein reiterated an “outperform” rating and set a $77.00 price objective on shares of Ryanair in a report on Monday, June 8th. Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a research report on Tuesday, May 19th. Weiss Ratings downgraded Ryanair from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Ryanair in a research report on Monday, June 22nd. 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 stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target 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.