Ryanair (NASDAQ:RYAAY) Insider David Patrick Dpo O’brien Sells 8,080 Shares

by · The Cerbat Gem

Ryanair Holdings PLC (NASDAQ:RYAAY – Get Free Report) insider David Patrick Dpo O’brien sold 8,080 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total value of $210,160.80. Following the sale, the insider owned 73,183 shares of the company’s stock, valued at approximately $1,903,489.83. This represents a 9.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ryanair Price Performance

Shares of RYAAY opened at $57.42 on Friday. The business’s fifty day moving average is $58.67 and its 200 day moving average is $64.54. Ryanair Holdings PLC has a 12-month low of $53.14 and a 12-month high of $74.24. The company has a quick ratio of 0.67, a current ratio of 0.90 and a debt-to-equity ratio of 0.01. The stock has a market cap of $29.90 billion, a P/E ratio of 12.19, a P/E/G ratio of 1.33 and a beta of 1.13.

Ryanair (NASDAQ:RYAAY – Get Free Report) last released its quarterly earnings results on Monday, May 18th. The transportation company reported ($0.86) EPS for the quarter, beating analysts’ consensus estimates of ($0.95) by $0.09. The business had revenue of $2.70 billion during the quarter, compared to analyst estimates of $3.08 billion. Ryanair had a return on equity of 25.58% and a net margin of 13.95%. Sell-side analysts anticipate that Ryanair Holdings PLC will post 4.65 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on RYAAY. 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. Sanford C. Bernstein raised shares of Ryanair from a “market perform” rating to an “outperform” rating in a research report on Monday, April 13th. Citigroup restated a “buy” rating on shares of Ryanair in a research note on Tuesday. Finally, Evercore upgraded Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price objective on the stock in a research note 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Ryanair currently has a consensus rating of “Moderate Buy” and an average target price of $75.67.

Check Out Our Latest Stock Analysis on RYAAY

Institutional Investors Weigh In On Ryanair

Several hedge funds and other institutional investors have recently modified their holdings of RYAAY. LVW Advisors LLC grew its stake in Ryanair by 2.6% during the fourth quarter. LVW Advisors LLC now owns 6,276 shares of the transportation company’s stock valued at $453,000 after acquiring an additional 158 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its position 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 valued at $42,000 after purchasing an additional 165 shares in the last quarter. Strategic Investment Advisors MI increased its holdings in shares of Ryanair by 4.9% in the first quarter. Strategic Investment Advisors MI now owns 3,965 shares of the transportation company’s stock worth $230,000 after purchasing an additional 184 shares during the period. One Wealth Advisors LLC increased its holdings in shares of Ryanair by 3.1% in the fourth quarter. One Wealth Advisors LLC now owns 6,225 shares of the transportation company’s stock worth $449,000 after purchasing an additional 185 shares during the period. Finally, CIBC Private Wealth Group LLC raised its position in shares of Ryanair by 41.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 669 shares of the transportation company’s stock worth $48,000 after buying an additional 197 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors.

Key Headlines Impacting Ryanair

Here are the key news stories impacting Ryanair this week:

  • Neutral Sentiment: Several Ryanair insiders sold shares, but the filings state the transactions were made to cover tax withholding obligations tied to vesting equity awards, which usually makes the activity less concerning for investors. CEO Andreas Gruber sale filing
  • Neutral Sentiment: The sales were spread across top management, including the CEO, CFO, CMO, and other insiders, but the disclosures do not indicate a change in the company’s operating outlook or a strategic shift. CFO Tracey Mccann sale filing
  • Neutral Sentiment: The insider selling may keep some pressure on sentiment in the short term, but because it appears routine and tax-related, it is less likely to be viewed as a strong bearish signal. CEO Eddie Joseph Wilson sale filing

Ryanair Company Profile

(Get Free Report)

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.

Further Reading