Willis Lease Finance (NASDAQ:WLFC) CEO Sells $631,516.00 in Stock

Key Points

  • Willis Lease Finance CEO Austin Chandler Willis sold 3,400 shares on Feb. 2 at $185.74 for a total of $631,516, leaving him with 184,746 shares (a 1.81% reduction); the sale was disclosed in an SEC Form 4.
  • That transaction is part of a string of insider sales since December and January — roughly $1.82 million of WLFC stock sold across multiple trades — signaling notable insider selling activity.
  • Willis Lease Finance declared a quarterly dividend of $0.40 (annualized $1.60) with an ex-dividend date of Feb. 11 and a yield of about 0.8%; the stock trades near $192.31 with a market cap of $1.31 billion and a P/E of 11.52.

Willis Lease Finance Corporation (NASDAQ:WLFC - Get Free Report) CEO Austin Chandler Willis sold 3,400 shares of the firm's stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $185.74, for a total transaction of $631,516.00. Following the completion of the transaction, the chief executive officer directly owned 184,746 shares in the company, valued at $34,314,722.04. This trade represents a 1.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Austin Chandler Willis also recently made the following trade(s):

  • On Friday, January 2nd, Austin Chandler Willis sold 3,400 shares of Willis Lease Finance stock. The stock was sold at an average price of $133.31, for a total transaction of $453,254.00.
  • On Tuesday, December 2nd, Austin Chandler Willis sold 2,232 shares of Willis Lease Finance stock. The shares were sold at an average price of $120.33, for a total transaction of $268,576.56.
  • On Tuesday, December 2nd, Austin Chandler Willis sold 2,813 shares of Willis Lease Finance stock. The shares were sold at an average price of $120.33, for a total transaction of $338,488.29.
  • On Monday, December 1st, Austin Chandler Willis sold 468 shares of Willis Lease Finance stock. The shares were sold at an average price of $120.46, for a total transaction of $56,375.28.
  • On Monday, December 1st, Austin Chandler Willis sold 587 shares of Willis Lease Finance stock. The shares were sold at an average price of $120.46, for a total value of $70,710.02.

Willis Lease Finance Stock Up 3.0%




NASDAQ:WLFC opened at $192.31 on Thursday. The company has a quick ratio of 1.50, a current ratio of 1.88 and a debt-to-equity ratio of 3.44. Willis Lease Finance Corporation has a 12-month low of $114.01 and a 12-month high of $211.00. The stock's fifty day simple moving average is $150.90 and its 200-day simple moving average is $143.02. The firm has a market capitalization of $1.31 billion, a P/E ratio of 11.52 and a beta of 0.79.

Willis Lease Finance (NASDAQ:WLFC - Get Free Report) last released its quarterly earnings data on Tuesday, November 4th. The transportation company reported $3.25 EPS for the quarter, missing analysts' consensus estimates of $3.34 by ($0.09). Willis Lease Finance had a net margin of 17.79% and a return on equity of 20.58%. The company had revenue of $154.40 million during the quarter, compared to the consensus estimate of $156.00 million.

Willis Lease Finance Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Wednesday, February 11th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.8%. Willis Lease Finance's dividend payout ratio is 9.58%.

Hedge Funds Weigh In On Willis Lease Finance

Several institutional investors and hedge funds have recently modified their holdings of WLFC. Osaic Holdings Inc. raised its holdings in Willis Lease Finance by 742.5% during the 2nd quarter. Osaic Holdings Inc. now owns 337 shares of the transportation company's stock worth $48,000 after buying an additional 297 shares during the period. Ameritas Investment Partners Inc. raised its holdings in shares of Willis Lease Finance by 22.5% during the second quarter. Ameritas Investment Partners Inc. now owns 365 shares of the transportation company's stock worth $52,000 after acquiring an additional 67 shares during the period. EverSource Wealth Advisors LLC bought a new stake in Willis Lease Finance in the 2nd quarter valued at $54,000. Larson Financial Group LLC boosted its stake in Willis Lease Finance by 197.9% in the 3rd quarter. Larson Financial Group LLC now owns 694 shares of the transportation company's stock worth $95,000 after purchasing an additional 461 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in Willis Lease Finance during the 2nd quarter worth about $109,000. 93.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a "hold (c+)" rating on shares of Willis Lease Finance in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of "Hold".

Check Out Our Latest Stock Report on WLFC

About Willis Lease Finance

(Get Free Report)

Willis Lease Finance Corporation (NASDAQ: WLFC) is an independent global provider of aircraft engine leasing, trading and aftermarket services. Founded in 1991 and headquartered in the United States, the company specializes in offering short- and long-term operating leases for jet engines and auxiliary power units. Through its broad engine portfolio, Willis Lease Finance supports a wide range of commercial aircraft across various operators, including major airlines, regional carriers and other leasing companies.

In addition to leasing solutions, Willis Lease Finance offers comprehensive engine trading and asset management services.

See Also

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