Insider Selling: Willis Lease Finance Co. (NASDAQ:WLFC) CFO Sells 5,098 Shares of Stock

Willis Lease Finance Co. (NASDAQ:WLFC) CFO Scott B. Flaherty sold 5,098 shares of Willis Lease Finance stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $56.47, for a total value of $287,884.06. Following the completion of the transaction, the chief financial officer now owns 98,519 shares in the company, valued at $5,563,367.93. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Willis Lease Finance Price Performance

NASDAQ:WLFC traded up $0.73 during trading hours on Tuesday, hitting $56.71. The company’s stock had a trading volume of 31,582 shares, compared to its average volume of 9,020. The business’s 50-day moving average is $49.31 and its two-hundred day moving average is $47.67. The company has a debt-to-equity ratio of 4.11, a quick ratio of 1.88 and a current ratio of 2.22. The company has a market capitalization of $401.51 million, a PE ratio of 6.45 and a beta of 0.99. Willis Lease Finance Co. has a 52-week low of $37.01 and a 52-week high of $58.98.

Willis Lease Finance (NASDAQ:WLFC) last issued its earnings results on Wednesday, March 13th. The transportation company reported $1.53 earnings per share for the quarter. Willis Lease Finance had a net margin of 13.45% and a return on equity of 14.03%. The company had revenue of $114.28 million for the quarter.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WLFC. TheStreet lowered shares of Willis Lease Finance from a “c-” rating to a “d” rating in a research report on Wednesday, March 13th. StockNews.com upgraded Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 22nd.

Hedge Funds Weigh In On Willis Lease Finance

Several hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets grew its holdings in Willis Lease Finance by 14.0% in the first quarter. BNP Paribas Financial Markets now owns 4,887 shares of the transportation company’s stock valued at $242,000 after purchasing an additional 599 shares during the last quarter. Brown Advisory Inc. acquired a new position in shares of Willis Lease Finance during the 3rd quarter worth $212,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Willis Lease Finance in the 3rd quarter worth about $225,000. Los Angeles Capital Management LLC acquired a new stake in Willis Lease Finance in the 3rd quarter valued at about $308,000. Finally, Empowered Funds LLC increased its holdings in Willis Lease Finance by 7.7% during the 1st quarter. Empowered Funds LLC now owns 22,062 shares of the transportation company’s stock valued at $1,095,000 after acquiring an additional 1,575 shares in the last quarter. 93.70% of the stock is owned by hedge funds and other institutional investors.

Willis Lease Finance Company Profile

Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses.