Insider Selling: Willis Lease Finance Co. (NASDAQ:WLFC) Insider Sells 466 Shares of Stock

Willis Lease Finance Co. (NASDAQ:WLFC) insider Hans Jorg Hunziker sold 466 shares of the business’s stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of $49.49, for a total transaction of $23,062.34. Following the transaction, the insider now owns 22,892 shares of the company’s stock, valued at approximately $1,132,925.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Monday, March 25th, Hans Jorg Hunziker sold 183 shares of Willis Lease Finance stock. The stock was sold at an average price of $49.46, for a total transaction of $9,051.18.
• On Friday, March 22nd, Hans Jorg Hunziker sold 332 shares of Willis Lease Finance stock. The stock was sold at an average price of $49.55, for a total transaction of $16,450.60.
• On Wednesday, March 20th, Hans Jorg Hunziker sold 789 shares of Willis Lease Finance stock. The stock was sold at an average price of $49.32, for a total transaction of $38,913.48.

Willis Lease Finance Trading Up 1.2 %

Shares of Willis Lease Finance stock opened at $49.89 on Thursday. The company has a current ratio of 2.22, a quick ratio of 1.88 and a debt-to-equity ratio of 4.11. Willis Lease Finance Co. has a 12-month low of $37.01 and a 12-month high of $59.99. The firm has a market capitalization of $318.80 million, a price-to-earnings ratio of 8.01 and a beta of 1.01. The firm’s 50 day simple moving average is $48.59 and its two-hundred day simple moving average is $46.01.

Willis Lease Finance (NASDAQ:WLFC) last issued its quarterly earnings results on Wednesday, March 13th. The transportation company reported $1.53 earnings per share (EPS) for the quarter. Willis Lease Finance had a net margin of 10.46% and a return on equity of 10.34%. The business had revenue of $114.28 million for the quarter.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on WLFC shares. StockNews.com upgraded shares of Willis Lease Finance from a “buy” rating to a “strong-buy” rating in a research note 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

Several large investors have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD purchased a new stake in shares of Willis Lease Finance in the 4th quarter valued at $213,000. Barclays PLC boosted its holdings in shares of Willis Lease Finance by 572.9% in the 4th quarter. Barclays PLC now owns 4,078 shares of the transportation company’s stock valued at $200,000 after acquiring an additional 3,472 shares during the last quarter. Bridgeway Capital Management LLC boosted its holdings in shares of Willis Lease Finance by 1.8% in the 4th quarter. Bridgeway Capital Management LLC now owns 69,207 shares of the transportation company’s stock valued at $3,383,000 after acquiring an additional 1,249 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Willis Lease Finance by 2.8% in the 4th quarter. Royal Bank of Canada now owns 15,486 shares of the transportation company’s stock valued at $758,000 after acquiring an additional 420 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of Willis Lease Finance by 7.6% in the 4th quarter. Northern Trust Corp now owns 33,987 shares of the transportation company’s stock valued at $1,661,000 after acquiring an additional 2,409 shares during the last quarter. 93.70% of the stock is owned by hedge funds and other institutional investors.

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.