Willis Lease Finance Corporation (NASDAQ:WLFC) CEO Charles F. Iv Willis sold 1,200 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $25.80, for a total value of $30,960.00. Following the transaction, the chief executive officer now owns 641,218 shares in the company, valued at approximately $16,543,424.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of Willis Lease Finance Corporation (NASDAQ:WLFC) traded down $0.10 during trading hours on Thursday, reaching $25.55. The company had a trading volume of 9,753 shares, compared to its average volume of 19,111. Willis Lease Finance Corporation has a 52 week low of $21.10 and a 52 week high of $28.06. The stock has a market cap of $165.48, a P/E ratio of 4.25 and a beta of 0.66.
Large investors have recently made changes to their positions in the stock. Strs Ohio boosted its position in Willis Lease Finance by 5.8% during the 2nd quarter. Strs Ohio now owns 18,100 shares of the transportation company’s stock valued at $483,000 after acquiring an additional 1,000 shares in the last quarter. Spark Investment Management LLC bought a new stake in Willis Lease Finance during the 2nd quarter valued at approximately $732,000. Algert Global LLC bought a new stake in Willis Lease Finance during the 2nd quarter valued at approximately $240,000. LSV Asset Management boosted its position in Willis Lease Finance by 15.5% during the 2nd quarter. LSV Asset Management now owns 55,382 shares of the transportation company’s stock valued at $1,480,000 after acquiring an additional 7,451 shares in the last quarter. Finally, Cowen Inc. bought a new stake in Willis Lease Finance during the 2nd quarter valued at approximately $228,000. Institutional investors own 36.52% of the company’s stock.
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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