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 were traded 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.

Analysts Set New Price Targets

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

Willis Lease Finance Price Performance

The company has a market capitalization of $1.28 billion, a P/E ratio of 15.07 and a beta of 1.06. The company’s 50-day moving average price is $145.62 and its two-hundred day moving average price is $97.48. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.80 and a quick ratio of 1.28.

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

Insider Buying and Selling

In related news, President Brian Richard Hole sold 1,187 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $106.17, for a total transaction of $126,023.79. Following the transaction, the president now directly owns 96,589 shares of the company’s stock, valued at approximately $10,254,854.13. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Willis Lease Finance news, President Brian Richard Hole sold 1,187 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $106.17, for a total value of $126,023.79. Following the transaction, the president now directly owns 96,589 shares of the company’s stock, valued at $10,254,854.13. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert J. Keady sold 534 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $111.84, for a total transaction of $59,722.56. Following the completion of the transaction, the insider now directly owns 13,424 shares in the company, valued at approximately $1,501,340.16. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 38,903 shares of company stock valued at $4,123,692. 57.02% of the stock is owned by company insiders.

Institutional Investors Weigh In On Willis Lease Finance

A number of hedge funds have recently made changes to their positions in WLFC. ProShare Advisors LLC acquired a new stake in shares of Willis Lease Finance in the 2nd quarter valued at approximately $27,000. Innealta Capital LLC acquired a new stake in Willis Lease Finance during the 2nd quarter worth approximately $44,000. Nisa Investment Advisors LLC acquired a new stake in Willis Lease Finance during the 2nd quarter worth approximately $69,000. Hillsdale Investment Management Inc. acquired a new stake in Willis Lease Finance during the 1st quarter worth approximately $114,000. Finally, SG Americas Securities LLC acquired a new stake in Willis Lease Finance during the 3rd quarter worth approximately $146,000. 93.70% of the stock is currently owned by institutional investors and hedge funds.

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.