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 the stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $56.47, for a total transaction of $287,884.06. Following the sale, the chief financial officer now directly owns 98,519 shares in the company, valued at approximately $5,563,367.93. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Willis Lease Finance Price Performance

WLFC opened at $56.71 on Wednesday. The stock has a market cap of $372.58 million, a P/E ratio of 6.53 and a beta of 0.99. Willis Lease Finance Co. has a 12 month low of $37.01 and a 12 month high of $58.98. 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 has a fifty day simple moving average of $49.49 and a 200 day simple moving average of $47.78.

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

Analysts Set New Price Targets

Several analysts have recently commented on the stock. TheStreet cut shares of Willis Lease Finance from a “c-” rating to a “d” rating in a research note on Wednesday, March 13th. StockNews.com raised shares of Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 22nd.

Institutional Trading of Willis Lease Finance

Several hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC increased 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 acquiring an additional 1,575 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in Willis Lease Finance in the 3rd quarter valued at $308,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Willis Lease Finance in the 3rd quarter worth $225,000. Brown Advisory Inc. bought a new position in Willis Lease Finance during the 3rd quarter worth about $212,000. Finally, BNP Paribas Financial Markets raised its stake in shares of Willis Lease Finance by 14.0% in the 1st 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 period. 93.70% of the stock is currently owned by institutional investors and hedge funds.

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.