Willis Lease Finance Co. (NASDAQ:WLFC) Shares Sold by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. lessened its stake in shares of Willis Lease Finance Co. (NASDAQ:WLFCGet Rating) by 16.7% in the first quarter, according to its most recent filing with the SEC. The fund owned 12,068 shares of the transportation company’s stock after selling 2,412 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.18% of Willis Lease Finance worth $388,000 at the end of the most recent reporting period.

Willis Lease Finance Price Performance

Shares of NASDAQ:WLFC opened at $36.55 on Monday. The company’s fifty day moving average is $38.43 and its two-hundred day moving average is $35.46. The company has a debt-to-equity ratio of 4.62, a current ratio of 2.84 and a quick ratio of 2.06. Willis Lease Finance Co. has a 12-month low of $30.22 and a 12-month high of $43.38.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 25th.

Insider Buying and Selling at Willis Lease Finance

In other Willis Lease Finance news, CFO Scott B. Flaherty sold 3,292 shares of the business’s stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $40.02, for a total transaction of $131,745.84. Following the sale, the chief financial officer now directly owns 82,239 shares of the company’s stock, valued at approximately $3,291,204.78. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, CFO Scott B. Flaherty sold 3,292 shares of the company’s stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $40.02, for a total value of $131,745.84. Following the transaction, the chief financial officer now directly owns 82,239 shares of the company’s stock, valued at $3,291,204.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Austin Chandler Willis sold 2,500 shares of the company’s stock in a transaction on Tuesday, August 23rd. The stock was sold at an average price of $39.79, for a total transaction of $99,475.00. Following the completion of the transaction, the chief executive officer now directly owns 91,198 shares in the company, valued at $3,628,768.42. The disclosure for this sale can be found here. Insiders have sold a total of 13,292 shares of company stock valued at $493,871 in the last three months. 54.26% of the stock is currently owned by company insiders.

About Willis Lease Finance

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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.

See Also

Institutional Ownership by Quarter for Willis Lease Finance (NASDAQ:WLFC)

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