Insider Selling: Willis Lease Finance Co. (NASDAQ:WLFC) CFO Sells 2,637 Shares of Stock

Willis Lease Finance Co. (NASDAQ:WLFC) CFO Scott B. Flaherty sold 2,637 shares of the company’s stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $51.72, for a total transaction of $136,385.64. Following the completion of the transaction, the chief financial officer now owns 107,616 shares of the company’s stock, valued at approximately $5,565,899.52. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Willis Lease Finance Price Performance

NASDAQ:WLFC opened at $59.48 on Thursday. The firm has a market cap of $390.96 million, a PE ratio of 6.85 and a beta of 0.99. Willis Lease Finance Co. has a 12 month low of $37.01 and a 12 month high of $59.80. The company has a quick ratio of 1.88, a current ratio of 1.41 and a debt-to-equity ratio of 3.76. The company’s 50-day moving average price is $49.72 and its two-hundred day moving average price is $47.87.

Willis Lease Finance (NASDAQ:WLFC) last released its quarterly earnings results on Wednesday, March 13th. The transportation company reported $1.53 EPS for the quarter. Willis Lease Finance had a net margin of 13.45% and a return on equity of 13.77%. The firm had revenue of $114.28 million for the quarter.

Hedge Funds Weigh In On Willis Lease Finance

A number of institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets raised its stake in shares of 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 worth $242,000 after acquiring an additional 599 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Willis Lease Finance by 7.7% in the first quarter. Empowered Funds LLC now owns 22,062 shares of the transportation company’s stock worth $1,095,000 after acquiring an additional 1,575 shares during the last quarter. Brown Advisory Inc. bought a new position in shares of Willis Lease Finance in the third quarter worth about $212,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Willis Lease Finance in the third quarter worth about $225,000. Finally, Los Angeles Capital Management LLC bought a new position in shares of Willis Lease Finance in the third quarter worth about $308,000. 93.70% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports 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 shares of Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 22nd.

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.