Insider Selling: Robert T. Morris Unloads 250 Shares of Willis Lease Finance Corp. Stock (WLFC)
Willis Lease Finance Corp. (NASDAQ:WLFC) Director Robert T. Morris unloaded 250 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $21.75, for a total value of $5,437.50. Following the sale, the director now directly owns 7,448 shares of the company’s stock, valued at approximately $161,994. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of Willis Lease Finance Corp. (NASDAQ:WLFC) traded down 1.85% during mid-day trading on Wednesday, hitting $21.23. The stock had a trading volume of 16,529 shares. Willis Lease Finance Corp. has a 52-week low of $13.90 and a 52-week high of $26.19. The stock has a 50-day moving average of $22.90 and a 200-day moving average of $21.13. The company has a market cap of $177.9 million and a price-to-earnings ratio of 16.31.
Willis Lease Finance Corp. (NASDAQ:WLFC) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.07. The company had revenue of $42.25 million for the quarter, compared to the consensus estimate of $37.95 million. Analysts expect that Willis Lease Finance Corp. will post $1.32 EPS for the current fiscal year.
Willis Lease Finance Corporation through its subsidiaries is a lesser of commercial aircraft engines.
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