Willis Lease Finance Corporation (NASDAQ:WLFC) CEO Charles F. Iv Willis sold 2,800 shares of the company’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $26.05, for a total value of $72,940.00. Following the transaction, the chief executive officer now directly owns 641,218 shares in the company, valued at $16,703,728.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Willis Lease Finance Corporation (NASDAQ:WLFC) opened at $25.78 on Wednesday. The firm has a market capitalization of $166.38, a price-to-earnings ratio of 4.24 and a beta of 0.66. Willis Lease Finance Corporation has a 52-week low of $21.10 and a 52-week high of $28.06.
A number of large investors have recently bought and sold shares of the stock. Cowen Inc. purchased a new position in Willis Lease Finance in the second quarter valued at about $228,000. New York State Common Retirement Fund grew its stake in Willis Lease Finance by 194.0% in the second quarter. New York State Common Retirement Fund now owns 8,528 shares of the transportation company’s stock valued at $228,000 after purchasing an additional 5,627 shares in the last quarter. Algert Global LLC purchased a new position in Willis Lease Finance in the second quarter valued at about $240,000. Strs Ohio grew its stake in Willis Lease Finance by 5.8% in the second quarter. Strs Ohio now owns 18,100 shares of the transportation company’s stock valued at $483,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Menta Capital LLC grew its stake in Willis Lease Finance by 4.6% in the second quarter. Menta Capital LLC now owns 24,814 shares of the transportation company’s stock valued at $663,000 after purchasing an additional 1,081 shares in the last quarter. 36.52% of the stock is currently owned by hedge funds and other institutional investors.
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Willis Lease Finance Corporation along with its subsidiaries is a lessor of commercial aircraft engines. The Company operates through two business segments, such as Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment involves acquiring and leasing, primarily pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment, and the selective purchase and resale of commercial aircraft engines and other aircraft equipment.
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