April 12, 2024

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Willis Lease Finance Co. (NASDAQ:WLFC) CFO Sells $37,356.48 in Stock

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Willis Lease Finance Co. (NASDAQ:WLFCGet Rating) CFO Scott B. Flaherty sold 1,008 shares of Willis Lease Finance stock in a transaction on Thursday, May 26th. The shares were sold at an average price of $37.06, for a total value of $37,356.48. Following the transaction, the chief financial officer now owns 95,731 shares in the company, valued at approximately $3,547,790.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

NASDAQ WLFC traded down $0.10 on Tuesday, reaching $37.52. The stock had a trading volume of 20,379 shares, compared to its average volume of 11,913. The business has a 50 day moving average price of $32.53 and a 200 day moving average price of $34.60. The company has a current ratio of 2.85, a quick ratio of 2.07 and a debt-to-equity ratio of 4.74. Willis Lease Finance Co. has a 1 year low of $30.22 and a 1 year high of $45.91. The company has a market capitalization of $230.56 million, a price-to-earnings ratio of -11.17 and a beta of 1.18.

Willis Lease Finance (NASDAQ:WLFCGet Rating) last issued its earnings results on Monday, May 9th. The transportation company reported ($3.70) EPS for the quarter. Willis Lease Finance had a negative net margin of 5.86% and a negative return on equity of 4.44%. The firm had revenue of $68.82 million during the quarter.

Large investors have recently made changes to their positions in the business. Citigroup Inc. lifted its position in shares of Willis Lease Finance by 125.4% in the fourth quarter. Citigroup Inc. now owns 710 shares of the transportation company’s stock worth $27,000 after buying an additional 395 shares during the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Willis Lease Finance by 39.8% in the third quarter. BNP Paribas Arbitrage SA now owns 907 shares of the transportation company’s stock worth $34,000 after buying an additional 258 shares during the last quarter. Barclays PLC lifted its position in shares of Willis Lease Finance by 197.9% in the third quarter. Barclays PLC now owns 1,120 shares of the transportation company’s stock worth $42,000 after buying an additional 744 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Willis Lease Finance by 64.4% in the fourth quarter. Wells Fargo & Company MN now owns 4,106 shares of the transportation company’s stock worth $155,000 after buying an additional 1,609 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Willis Lease Finance by 86.7% in the fourth quarter. JPMorgan Chase & Co. now owns 4,221 shares of the transportation company’s stock worth $159,000 after buying an additional 1,960 shares during the last quarter. 94.07% of the stock is owned by institutional investors.

Separately, StockNews.com downgraded Willis Lease Finance from a “buy” rating to a “hold” rating in a research note on Wednesday, May 18th.

About Willis Lease Finance (Get Rating)

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

Insider Buying and Selling by Quarter for Willis Lease Finance (NASDAQ:WLFC)



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