Willis Lease Finance Co. (NASDAQ:WLFC) CFO Scott B. Flaherty Sells 2,637 Shares

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

Willis Lease Finance Stock Down 0.0 %

NASDAQ WLFC opened at $55.98 on Tuesday. Willis Lease Finance Co. has a 52 week low of $37.01 and a 52 week high of $58.98. The company has a quick ratio of 1.88, a current ratio of 2.22 and a debt-to-equity ratio of 4.11. The business’s fifty day simple moving average is $49.31 and its 200-day simple moving average is $47.67. The firm has a market cap of $396.34 million, a PE ratio of 6.45 and a beta of 0.99.

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

Analyst Upgrades and Downgrades

WLFC has been the topic of several analyst reports. StockNews.com upgraded Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a report on Friday, March 22nd. TheStreet lowered Willis Lease Finance from a “c-” rating to a “d” rating in a report on Wednesday, March 13th.

Hedge Funds Weigh In On Willis Lease Finance

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

About Willis Lease Finance

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.