Willis Lease Finance (NASDAQ:WLFC) Sees Strong Trading Volume – Here’s What Happened

Shares of Willis Lease Finance Co. (NASDAQ:WLFC) saw an uptick in trading volume on Monday . 13,906 shares traded hands during mid-day trading, a decline of 27% from the previous session’s volume of 19,090 shares.The stock last traded at $179.10 and had previously closed at $184.23.

Analyst Ratings Changes

Separately, StockNews.com downgraded Willis Lease Finance from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 21st.

Willis Lease Finance Stock Up 5.4 %

The business has a fifty day moving average of $145.62 and a 200 day moving average of $97.48. The firm has a market cap of $1.28 billion, a P/E ratio of 15.07 and a beta of 1.06. The company has a quick ratio of 1.28, a current ratio of 1.80 and a debt-to-equity ratio of 3.95.

Willis Lease Finance (NASDAQ:WLFC) last released its quarterly earnings data on Thursday, August 1st. The transportation company reported $6.21 EPS for the quarter. The business had revenue of $151.12 million during the quarter. Willis Lease Finance had a return on equity of 19.51% and a net margin of 18.16%.

Insider Transactions at Willis Lease Finance

In other news, CFO Scott B. Flaherty sold 1,742 shares of the firm’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $109.22, for a total transaction of $190,261.24. Following the sale, the chief financial officer now owns 93,213 shares of the company’s stock, valued at $10,180,723.86. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CFO Scott B. Flaherty sold 1,742 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $109.22, for a total value of $190,261.24. Following the completion of the transaction, the chief financial officer now owns 93,213 shares in the company, valued at $10,180,723.86. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Keady sold 1,378 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $106.66, for a total transaction of $146,977.48. Following the completion of the transaction, the insider now owns 7,119 shares of the company’s stock, valued at $759,312.54. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 38,903 shares of company stock valued at $4,123,692 over the last 90 days. 57.02% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Ritholtz Wealth Management acquired a new position in Willis Lease Finance during the third quarter worth $312,000. SG Americas Securities LLC acquired a new stake in Willis Lease Finance in the third quarter valued at $146,000. ProShare Advisors LLC acquired a new stake in Willis Lease Finance in the second quarter valued at $27,000. Rhumbline Advisers lifted its stake in Willis Lease Finance by 4.0% in the second quarter. Rhumbline Advisers now owns 6,691 shares of the transportation company’s stock valued at $464,000 after acquiring an additional 259 shares during the last quarter. Finally, Innealta Capital LLC acquired a new stake in Willis Lease Finance in the second quarter valued at $44,000. Institutional investors and hedge funds 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.