155,905 Shares in Ryanair Holdings PLC $RYAAY Acquired by Maven Securities LTD

Maven Securities LTD bought a new stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 155,905 shares of the transportation company’s stock, valued at approximately $11,255,000. Ryanair comprises 0.2% of Maven Securities LTD’s investment portfolio, making the stock its 22nd largest holding.

Several other institutional investors have also added to or reduced their stakes in RYAAY. Goldman Sachs Group Inc. boosted its stake in Ryanair by 658.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 992,245 shares of the transportation company’s stock valued at $42,041,000 after purchasing an additional 861,361 shares during the last quarter. American Century Companies Inc. boosted its stake in Ryanair by 122.1% during the 2nd quarter. American Century Companies Inc. now owns 13,011 shares of the transportation company’s stock valued at $750,000 after purchasing an additional 7,152 shares during the last quarter. CW Advisors LLC purchased a new stake in Ryanair during the 2nd quarter valued at $263,000. EverSource Wealth Advisors LLC boosted its stake in Ryanair by 99.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,029 shares of the transportation company’s stock valued at $117,000 after purchasing an additional 1,013 shares during the last quarter. Finally, Cerity Partners LLC purchased a new stake in Ryanair during the 2nd quarter valued at $295,000. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Eddie Joseph Wilson sold 21,080 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $548,290.80. Following the transaction, the chief executive officer directly owned 132,526 shares of the company’s stock, valued at approximately $3,447,001.26. This trade represents a 13.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 Jason Paul Mcguinness sold 12,562 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $326,737.62. Following the completion of the transaction, the insider directly owned 24,304 shares in the company, valued at approximately $632,147.04. This represents a 34.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 in the last quarter.

Analysts Set New Price Targets

Several brokerages have commented on RYAAY. Citigroup reiterated a “buy” rating on shares of Ryanair in a research note on Tuesday, May 19th. Evercore upgraded Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 target price on the stock in a research note on Thursday, March 12th. Erste Group Bank downgraded Ryanair from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research note on Tuesday, May 19th. Finally, Weiss Ratings downgraded Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $77.67.

Ryanair Stock Performance

RYAAY stock opened at $60.33 on Monday. The company has a market cap of $31.39 billion, a P/E ratio of 12.81, a price-to-earnings-growth ratio of 1.55 and a beta of 1.15. Ryanair Holdings PLC has a 1 year low of $53.14 and a 1 year 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 stock’s fifty day moving average price is $58.28 and its 200-day moving average price is $64.02.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings results on Tuesday, May 19th. The transportation company reported ($0.86) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.09. The firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $3.08 billion. Ryanair had a return on equity of 25.58% and a net margin of 13.95%. On average, equities analysts forecast that Ryanair Holdings PLC will post 4.25 earnings per share for the current year.

Ryanair 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.