Willis Lease Finance (NASDAQ:WLFC) Sees Large Volume Increase - Time to Buy?

Willis Lease Finance Co. (NASDAQ:WLFC - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 13,906 shares were traded during mid-day trading, a decline of 27% from the previous session's volume of 19,090 shares.The stock last traded at $179.10 and had previously closed at $184.23.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Willis Lease Finance from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, August 21st.

Willis Lease Finance Stock Performance

The stock has a 50-day moving average of $145.62 and a 200 day moving average of $97.48. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.80 and a quick ratio of 1.28. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 15.09 and a beta of 1.06.

Willis Lease Finance (NASDAQ:WLFC - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The transportation company reported $6.21 EPS for the quarter. The firm had revenue of $151.12 million during the quarter. Willis Lease Finance had a return on equity of 19.51% and a net margin of 18.16%.

Insider Transactions at Willis Lease Finance

In other news, insider Robert J. Keady sold 534 shares of the business's stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $111.84, for a total transaction of $59,722.56. Following the completion of the transaction, the insider now directly owns 13,424 shares in the company, valued at approximately $1,501,340.16. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, President Brian Richard Hole sold 1,314 shares of Willis Lease Finance stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $105.84, for a total transaction of $139,073.76. Following the transaction, the president now owns 99,587 shares in the company, valued at $10,540,288.08. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert J. Keady sold 534 shares of Willis Lease Finance stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $111.84, for a total value of $59,722.56. Following the transaction, the insider now owns 13,424 shares in the company, valued at $1,501,340.16. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 38,903 shares of company stock worth $4,123,692. 57.02% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Willis Lease Finance

Institutional investors have recently modified their holdings of the business. ProShare Advisors LLC bought a new position in shares of Willis Lease Finance during the 2nd quarter valued at about $27,000. Innealta Capital LLC bought a new position in shares of Willis Lease Finance during the 2nd quarter valued at about $44,000. Nisa Investment Advisors LLC bought a new position in shares of Willis Lease Finance during the 2nd quarter valued at about $69,000. Hillsdale Investment Management Inc. bought a new stake in Willis Lease Finance in the 1st quarter valued at approximately $114,000. Finally, SG Americas Securities LLC bought a new stake in Willis Lease Finance in the 3rd quarter valued at approximately $146,000. Institutional investors own 93.70% of the company's stock.

Willis Lease Finance Company Profile

Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses.