Stock Markets
Willis Lease Finance EVP sells shares worth over $15,000

In recent trading activity, Scott B. Flaherty, the Executive Vice President and Chief Financial Officer of Willis Lease Finance Corp (NASDAQ:WLFC), sold a total of 300 shares of the company’s common stock. The transactions occurred on two separate dates, with 100 shares sold at $50.00 each on April 3, 2024, and another 200 shares sold at $50.18 each on April 4, 2024. The combined value of the shares sold by Flaherty amounts to approximately $15,036.
The sales were executed in a single trade, as noted in the footnotes of the filing. Following these transactions, Flaherty’s ownership in the company stands at 113,253 shares of common stock. It’s worth noting that the transactions took place directly under Flaherty’s name, indicating personal management of these shares.
Investors often monitor insider sales as they may provide insights into an executive’s perspective on the company’s current valuation or future prospects. However, such sales could also be part of personal financial planning or diversification strategies and not necessarily indicative of the company’s performance.
Willis Lease Finance Corp specializes in the leasing of commercial aircraft engines and other aviation equipment, serving customers worldwide. The company’s shares are publicly traded on the NASDAQ stock exchange under the ticker symbol WLFC.
InvestingPro Insights
As investors evaluate the recent insider trading activity at Willis Lease Finance Corp, it’s useful to consider the company’s financial health and market valuation. Willis Lease Finance Corp, with a market capitalization of $319.73 million, appears to be trading at a relatively low earnings multiple, with a P/E ratio of 7.88 and an adjusted P/E ratio for the last twelve months as of Q4 2023 standing at 7.45. This could suggest that the company’s stock is currently undervalued, which is an InvestingPro Tip for potential investors looking for opportunities.
The company also boasts strong liquidity, as its liquid assets exceed short-term obligations. This financial stability is an essential factor for shareholders, especially in uncertain economic times. Another InvestingPro Tip highlights that Willis Lease Finance Corp has been profitable over the last twelve months, with a basic EPS (Continuing Operations) of $6.4, which may reassure investors of the company’s earnings capabilities.
From a growth perspective, Willis Lease Finance Corp has experienced a robust revenue growth of 36.05% in the last twelve months as of Q4 2023. This is complemented by a significant gross profit margin of 96.29%, underscoring the company’s efficiency in managing its cost of goods sold relative to sales.
For those interested in further InvestingPro Tips, there are additional insights available on the company’s financial performance and valuation metrics at InvestingPro. Use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription, and discover many more tips that can guide your investment decisions.
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