Willis Lease Finance Corporation (NASDAQ:WLFC) CEO Charles F. Iv Willis sold 1,607 shares of the stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $24.28, for a total transaction of $39,017.96. Following the sale, the chief executive officer now directly owns 676,974 shares of the company’s stock, valued at approximately $16,436,928.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Willis Lease Finance Corporation (NASDAQ WLFC) opened at 24.59 on Friday. The company has a market cap of $158.21 million, a P/E ratio of 7.78 and a beta of 0.53. Willis Lease Finance Corporation has a 12 month low of $21.10 and a 12 month high of $28.06. The stock’s 50 day moving average is $24.15 and its 200 day moving average is $24.68.

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Several institutional investors have recently added to or reduced their stakes in WLFC. Spark Investment Management LLC acquired a new position in shares of Willis Lease Finance Corporation during the 2nd quarter valued at $732,000. Algert Global LLC acquired a new position in shares of Willis Lease Finance Corporation during the 2nd quarter valued at $240,000. Cowen Inc. acquired a new position in shares of Willis Lease Finance Corporation during the 2nd quarter valued at $228,000. LSV Asset Management lifted its position in shares of Willis Lease Finance Corporation 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 during the period. Finally, State Street Corp lifted its position in shares of Willis Lease Finance Corporation by 11.7% during the 2nd quarter. State Street Corp now owns 54,017 shares of the transportation company’s stock valued at $1,446,000 after acquiring an additional 5,668 shares during the period. Institutional investors own 35.88% of the company’s stock.

About Willis Lease Finance Corporation

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.

Insider Buying and Selling by Quarter for Willis Lease Finance Corporation (NASDAQ:WLFC)

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