Ryanair (NASDAQ:RYAAY) CEO Sells $548,290.80 in Stock

Ryanair Holdings PLC (NASDAQ:RYAAY) CEO Eddie Joseph Wilson sold 21,080 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 transaction of $548,290.80. Following the completion of the transaction, the chief executive officer owned 132,526 shares in the company, valued at $3,447,001.26. The trade was a 13.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ryanair Trading Up 0.9%

Ryanair stock traded up $0.53 during mid-day trading on Thursday, reaching $57.42. 1,660,166 shares of the company traded hands, compared to its average volume of 1,520,157. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.90 and a quick ratio of 0.67. The firm’s 50 day moving average price is $58.67 and its 200 day moving average price is $64.54. The firm has a market capitalization of $29.90 billion, a price-to-earnings ratio of 12.19, a P/E/G ratio of 1.25 and a beta of 1.13. Ryanair Holdings PLC has a 52-week low of $53.14 and a 52-week high of $74.24.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Monday, May 18th. 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 analyst estimates of $3.08 billion. On average, analysts anticipate that Ryanair Holdings PLC will post 4.72 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Zacks Research cut shares of Ryanair from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 30th. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a report on Tuesday. Sanford C. Bernstein upgraded shares of Ryanair from a “market perform” rating to an “outperform” rating in a research note on Monday, April 13th. Erste Group Bank cut Ryanair from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen cut Ryanair from a “buy” rating to a “hold” rating in a research report on Sunday, January 25th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $75.67.

Hedge Funds Weigh In On Ryanair

Institutional investors and hedge funds have recently bought and sold shares of the stock. 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 purchasing an additional 348 shares in the last quarter. Pin Oak Investment Advisors Inc. lifted its position in Ryanair by 76.0% during the third 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 in the last quarter. Brown Brothers Harriman & Co. lifted its position in Ryanair by 2,929.4% during the fourth 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. UMB Bank n.a. increased its holdings in Ryanair by 1,057.4% in the 3rd quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock worth $33,000 after acquiring an additional 497 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in Ryanair by 39.4% in 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. 43.66% of the stock is currently owned by hedge funds and other 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.