Key Points
- Ryanair insider Carol Sharkey sold 6,166 shares at an average price of $28.06, for about $173,018. After the sale, Sharkey held 7,970 shares, a 43.62% reduction in their position.
- Analyst views were mixed: Barclays and Oddo Bhf downgraded the stock, while Zacks Research upgraded it to Hold. MarketBeat reported a Moderate Buy consensus and a $73.97 average price target.
- Ryanair shares opened at $58.53, with a reported market capitalization of $30.31 billion; institutional investors and hedge funds owned 43.65% of the stock.
Ryanair Holdings PLC (NASDAQ:RYAAY - Get Free Report) insider Carol Sharkey sold 6,166 shares of the business's stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $28.06, for a total value of $173,017.96. Following the sale, the insider directly owned 7,970 shares in the company, valued at approximately $223,638.20. The trade was a 43.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Ryanair Stock Performance
RYAAY opened at $58.53 on Friday. The business has a 50 day moving average price of $54.22 and a two-hundred day moving average price of $59.62. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.17 and a quick ratio of 0.79. The company has a market capitalization of $30.31 billion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 4.86 and a beta of 1.22. Ryanair Holdings PLC has a 1-year low of $51.02 and a 1-year high of $74.24.
Analysts Set New Price Targets
Several analysts have recently weighed in on the company. Barclays lowered Ryanair from an "overweight" rating to an "equal weight" rating in a report on Friday, October 9th. Zacks Research raised Ryanair from a "strong sell" rating to a "hold" rating in a report on Tuesday, October 13th. Oddo Bhf lowered Ryanair from an "outperform" rating to an "underperform" rating in a report on Wednesday, October 28th. Sanford C. Bernstein reiterated an "outperform" rating on shares of Ryanair in a research report on Tuesday, July 21st. Finally, Morgan Stanley initiated coverage on shares of Ryanair in a report on Friday, August 14th. They issued an "overweight" rating and a $62.90 price target for the company. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $73.97.
Get Our Latest Stock Analysis on Ryanair
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company increased its holdings in shares of Ryanair by 5.7% in the second quarter. The Manufacturers Life Insurance Company now owns 755,526 shares of the transportation company's stock valued at $48,920,000 after buying an additional 40,648 shares in the last quarter. Trinity Street Asset Management LLP boosted its stake in shares of Ryanair by 3.2% during the 2nd quarter. Trinity Street Asset Management LLP now owns 3,567,449 shares of the transportation company's stock worth $230,992,000 after acquiring an additional 110,700 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Ryanair by 9.0% during the 1st quarter. Bank of America Corp DE now owns 2,052,677 shares of the transportation company's stock worth $118,645,000 after acquiring an additional 170,242 shares in the last quarter. Maven Securities LTD acquired a new position in shares of Ryanair in the 2nd quarter worth $1,554,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of Ryanair by 27.5% in the 1st quarter. Bank of New York Mellon Corp now owns 169,136 shares of the transportation company's stock worth $9,776,000 after acquiring an additional 36,498 shares during the last quarter. Institutional investors and hedge funds own 43.65% of the company's stock.
Ryanair Company Profile
(
Get Free Report)
Ryanair Holdings plc is an Ireland-based airline group and the parent company of Ryanair, one of Europe's largest low-cost carriers. The group operates a primarily short-haul network focused on affordable air travel, offering scheduled passenger flights, seat reservations, priority boarding, and related travel services.
Ryanair's airline operations include Ryanair DAC, Malta Air, Buzz, Lauda, and Ryanair UK. Together, these carriers serve destinations across Europe and selected markets in North Africa and the Middle East, connecting major cities and regional airports through a point-to-point route network.
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