Insider Selling: Willis Lease Finance Co. (NASDAQ:WLFC) Director Sells $57,554.64 in Stock

Willis Lease Finance Co. (NASDAQ:WLFC) Director Hans Jorg Hunziker sold 1,352 shares of the stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $42.57, for a total transaction of $57,554.64. Following the completion of the transaction, the director now owns 26,923 shares in the company, valued at approximately $1,146,112.11. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Hans Jorg Hunziker also recently made the following trade(s):

• On Monday, August 28th, Hans Jorg Hunziker sold 219 shares of Willis Lease Finance stock. The stock was sold at an average price of $43.00, for a total transaction of $9,417.00.

Willis Lease Finance Price Performance

Shares of NASDAQ WLFC opened at $42.64 on Monday. The stock has a market capitalization of $270.76 million, a price-to-earnings ratio of 7.64 and a beta of 1.06. Willis Lease Finance Co. has a 12 month low of $32.56 and a 12 month high of $65.19. The firm’s 50 day simple moving average is $42.15 and its 200-day simple moving average is $47.79. The company has a debt-to-equity ratio of 4.38, a current ratio of 1.52 and a quick ratio of 1.09.

Willis Lease Finance (NASDAQ:WLFC) last announced its earnings results on Thursday, August 3rd. The transportation company reported $2.02 earnings per share (EPS) for the quarter. Willis Lease Finance had a return on equity of 9.63% and a net margin of 10.71%. The firm had revenue of $109.00 million for the quarter.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. TheStreet upgraded shares of Willis Lease Finance from a “d+” rating to a “c” rating in a report on Thursday, August 17th. StockNews.com started coverage on shares of Willis Lease Finance in a research note on Thursday, August 17th. They set a “buy” rating on the stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Lazard Asset Management LLC lifted its position in shares of Willis Lease Finance by 91.4% during the 2nd quarter. Lazard Asset Management LLC now owns 846 shares of the transportation company’s stock valued at $33,000 after buying an additional 404 shares in the last quarter. California State Teachers Retirement System purchased a new position in shares of Willis Lease Finance during the 2nd quarter valued at approximately $37,000. BNP Paribas Arbitrage SNC lifted its position in shares of Willis Lease Finance by 4,079.2% during the 2nd quarter. BNP Paribas Arbitrage SNC now owns 1,003 shares of the transportation company’s stock valued at $39,000 after buying an additional 979 shares in the last quarter. UBS Group AG lifted its holdings in Willis Lease Finance by 590.4% in the 3rd quarter. UBS Group AG now owns 1,443 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 1,234 shares in the last quarter. Finally, American International Group Inc. purchased a new position in Willis Lease Finance in the 2nd quarter valued at $53,000. Hedge funds and other institutional investors own 84.25% of the company’s stock.

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.