Insider Selling: Willis Lease Finance Co. (NASDAQ:WLFC) CFO Sells $287,884.06 in Stock

Willis Lease Finance Co. (NASDAQ:WLFC) CFO Scott B. Flaherty sold 5,098 shares of the firm’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $56.47, for a total value of $287,884.06. Following the transaction, the chief financial officer now owns 98,519 shares in the company, valued at $5,563,367.93. The sale was disclosed in a document filed with the SEC, which is available at this link.

Willis Lease Finance Stock Performance

Shares of WLFC opened at $62.80 on Friday. The stock has a 50 day moving average of $50.02 and a 200 day moving average of $47.97. The company has a current ratio of 1.41, a quick ratio of 1.88 and a debt-to-equity ratio of 3.76. Willis Lease Finance Co. has a 12 month low of $37.01 and a 12 month high of $63.00. The company has a market capitalization of $412.78 million, a price-to-earnings ratio of 7.24 and a beta of 0.99.

Willis Lease Finance (NASDAQ:WLFC) last announced its earnings results 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 13.77% and a net margin of 13.45%.

Analyst Ratings Changes

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

Institutional Trading of Willis Lease Finance

Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets grew its position in shares of Willis Lease Finance by 14.0% during the 1st quarter. BNP Paribas Financial Markets now owns 4,887 shares of the transportation company’s stock valued at $242,000 after acquiring an additional 599 shares during the period. Brown Advisory Inc. purchased a new position in Willis Lease Finance in the third quarter valued at approximately $212,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Willis Lease Finance in the third quarter valued at approximately $225,000. Los Angeles Capital Management LLC bought a new position in Willis Lease Finance during the third quarter valued at $308,000. Finally, Empowered Funds LLC increased its position in Willis Lease Finance by 7.7% in 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 during the last quarter. Institutional investors own 93.70% 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.