Insider Selling: Willis Lease Finance Co. (NASDAQ:WLFC) CFO Sells $136,385.64 in Stock

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

Willis Lease Finance Stock Up 4.9 %

Shares of NASDAQ:WLFC opened at $59.48 on Thursday. The business has a 50-day moving average price of $49.72 and a 200 day moving average price of $47.87. Willis Lease Finance Co. has a 12-month low of $37.01 and a 12-month high of $59.80. The company has a current ratio of 1.41, a quick ratio of 1.88 and a debt-to-equity ratio of 3.76. The company has a market capitalization of $390.96 million, a price-to-earnings ratio of 6.85 and a beta of 0.99.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Brown Advisory Inc. purchased a new position in Willis Lease Finance during the 3rd quarter valued at about $212,000. Los Angeles Capital Management LLC purchased a new position in shares of Willis Lease Finance in the third quarter valued at approximately $308,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Willis Lease Finance in the third quarter valued at approximately $225,000. BNP Paribas Financial Markets grew its holdings 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 valued at $242,000 after purchasing an additional 599 shares in the last quarter. Finally, Empowered Funds LLC lifted 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 worth $1,095,000 after buying an additional 1,575 shares in the last quarter. 93.70% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WLFC has been the topic of several recent analyst reports. TheStreet lowered shares of Willis Lease Finance from a “c-” rating to a “d” rating in a report on Wednesday, March 13th. StockNews.com upgraded Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a 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.