Ryanair (NASDAQ:RYAAY) Insider Carol Marie Sharkey Sells 6,166 Shares of Stock

Key Points

• Insider Carol Marie Sharkey sold 6,166 Ryanair shares at an average $28.06 each, for about $173,018. She retained 7,970 shares after the sale, a 43.62% reduction in her holdings.
• Ryanair shares fell 0.9% to $58.54 in Thursday midday trading.
• Analysts’ consensus rating was “Moderate Buy”, with an average price target of $73.97.

Ryanair Holdings PLC (NASDAQ:RYAAY - Get Free Report) insider Carol Sharkey sold 6,166 shares of Ryanair 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 transaction, the insider owned 7,970 shares of the company's stock, valued at $223,638.20. This represents a 43.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Ryanair Trading Down 0.9%

Shares of NASDAQ RYAAY traded down $0.51 during midday trading on Thursday, reaching $58.54. 2,634,165 shares of the stock were exchanged, compared to its average volume of 1,532,813. The stock has a 50 day moving average price of $54.19 and a 200-day moving average price of $59.67. The company has a current ratio of 1.17, a quick ratio of 0.79 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $30.32 billion, a P/E ratio of 14.86, a P/E/G ratio of 4.84 and a beta of 1.22. Ryanair Holdings PLC has a 52-week low of $51.02 and a 52-week high of $74.24.

Wall Street Analyst Weigh In

RYAAY has been the subject of a number of analyst reports. Weiss Ratings cut Ryanair from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, September 4th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Ryanair in a report on Tuesday, July 14th. Zacks Research upgraded shares of Ryanair from a "strong sell" rating to a "hold" rating in a research report on Tuesday, October 13th. Sanford C. Bernstein restated an "outperform" rating on shares of Ryanair in a research note on Tuesday, July 21st. Finally, Raymond James Financial reiterated a "strong-buy" rating and set a $74.00 price objective on shares of Ryanair in a research report on Monday, August 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Ryanair currently has an average rating of "Moderate Buy" and an average price target of $73.97.

Institutional Trading of Ryanair

Several institutional investors and hedge funds have recently added to or reduced their stakes in RYAAY. Janus Henderson Group PLC boosted its holdings in shares of Ryanair by 3.3% during the first quarter. Janus Henderson Group PLC now owns 5,752,264 shares of the transportation company's stock worth $332,480,000 after purchasing an additional 185,110 shares during the period. Wellington Management Group LLP lifted its position in shares of Ryanair by 0.4% in the second quarter. Wellington Management Group LLP now owns 4,007,671 shares of the transportation company's stock worth $259,497,000 after buying an additional 14,074 shares during the last quarter. Trinity Street Asset Management LLP grew its holdings in Ryanair by 3.2% during the second quarter. Trinity Street Asset Management LLP now owns 3,567,449 shares of the transportation company's stock valued at $230,992,000 after purchasing an additional 110,700 shares during the last quarter. Sei Investments Co. raised its holdings in Ryanair by 34.3% in the 1st quarter. Sei Investments Co. now owns 2,172,317 shares of the transportation company's stock worth $125,560,000 after acquiring an additional 555,029 shares during the period. Finally, Bank of America Corp DE boosted its stake in 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 valued at $118,645,000 after purchasing an additional 170,242 shares during the period. 43.65% of the stock is owned by institutional investors and hedge funds.

About Ryanair

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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