Insider Selling: Ryanair (NASDAQ:RYAAY) Insider Sells $173,017.96 in Stock

Ryanair Holdings PLC (NASDAQ:RYAAY) insider Carol Sharkey sold 6,166 shares of the company’s stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $28.06, for a total transaction of $173,017.96. Following the sale, the insider directly 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 transaction was disclosed in a filing with the SEC, which is accessible through this link.

Ryanair Stock Performance

Shares of RYAAY opened at $59.30 on Friday. Ryanair Holdings PLC has a one year low of $51.02 and a one year high of $74.24. The company has a 50-day moving average of $54.30 and a two-hundred day moving average of $59.57. The stock has a market cap of $30.71 billion, a price-to-earnings ratio of 15.05, a PEG ratio of 4.89 and a beta of 1.22. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.17 and a quick ratio of 0.79.

Institutional Investors Weigh In On Ryanair

A number of institutional investors have recently bought and sold shares of RYAAY. Keybank National Association OH lifted its position in shares of Ryanair by 1.4% in the third quarter. Keybank National Association OH now owns 12,430 shares of the transportation company’s stock worth $684,000 after purchasing an additional 171 shares in the last quarter. Strategic Investment Advisors MI boosted its holdings in Ryanair by 4.9% during 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 last quarter. RFG Advisory LLC grew its position in Ryanair by 5.6% in the second quarter. RFG Advisory LLC now owns 3,788 shares of the transportation company’s stock valued at $245,000 after purchasing an additional 202 shares in the last quarter. State of Wyoming grew its position in Ryanair by 1.3% in the third quarter. State of Wyoming now owns 16,723 shares of the transportation company’s stock valued at $920,000 after purchasing an additional 213 shares in the last quarter. Finally, IFP Advisors Inc grew its position in Ryanair by 48.1% in the second quarter. IFP Advisors Inc now owns 665 shares of the transportation company’s stock valued at $43,000 after purchasing an additional 216 shares in the last quarter. 43.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

RYAAY has been the subject of several research analyst reports. Zacks Research upgraded shares of Ryanair from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 13th. Barclays cut shares of Ryanair from an “overweight” rating to an “equal weight” rating in a research report on Friday, October 9th. Oddo Bhf cut shares of Ryanair from an “outperform” rating to an “underperform” rating in a research report on Wednesday, October 28th. Sanford C. Bernstein reissued an “outperform” rating on shares of Ryanair in a research note on Tuesday, July 21st. Finally, Weiss Ratings lowered Ryanair from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $73.97.

About Ryanair

Ryanair Holdings plc is an Irish airline group focused on low-fare, short-haul travel. Its airlines operate scheduled passenger flights, primarily on point-to-point routes, and offer related services such as priority boarding, seat selection and baggage options.

The group serves destinations across Europe and also operates routes to countries in North Africa and the Middle East. Its airline businesses include Ryanair, Buzz, Malta Air and Lauda Europe.

Founded in 1984, Ryanair began flying in 1985 with a route between Waterford, Ireland, and London Gatwick.