Willis Lease Finance Co. (NASDAQ:WLFC) Shares Sold by M3F Inc.

M3F Inc. trimmed its position in Willis Lease Finance Co. (NASDAQ:WLFC - Free Report) by 11.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 504,229 shares of the transportation company's stock after selling 65,000 shares during the quarter. Willis Lease Finance comprises 30.3% of M3F Inc.'s holdings, making the stock its largest position. M3F Inc. owned approximately 7.64% of Willis Lease Finance worth $104,653,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC lifted its holdings in shares of Willis Lease Finance by 221.7% in the 3rd quarter. Barclays PLC now owns 3,738 shares of the transportation company's stock valued at $556,000 after buying an additional 2,576 shares during the period. Jane Street Group LLC purchased a new position in Willis Lease Finance during the third quarter valued at approximately $531,000. Franklin Resources Inc. acquired a new position in Willis Lease Finance in the third quarter valued at approximately $283,000. State Street Corp boosted its position in Willis Lease Finance by 7.6% in the 3rd quarter. State Street Corp now owns 39,926 shares of the transportation company's stock worth $5,941,000 after purchasing an additional 2,805 shares in the last quarter. Finally, Ritholtz Wealth Management grew its stake in shares of Willis Lease Finance by 32.5% during the 4th quarter. Ritholtz Wealth Management now owns 2,778 shares of the transportation company's stock worth $577,000 after purchasing an additional 681 shares during the period. Institutional investors and hedge funds own 93.70% of the company's stock.

Insider Buying and Selling at Willis Lease Finance

In other news, CEO Austin Chandler Willis sold 3,450 shares of Willis Lease Finance stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $157.82, for a total value of $544,479.00. Following the sale, the chief executive officer now owns 206,644 shares in the company, valued at $32,612,556.08. This trade represents a 1.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Scott B. Flaherty sold 1,539 shares of the business's stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of $170.90, for a total transaction of $263,015.10. Following the sale, the executive vice president now directly owns 69,296 shares of the company's stock, valued at $11,842,686.40. This represents a 2.17 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,465 shares of company stock valued at $2,439,074. Company insiders own 57.02% of the company's stock.

Willis Lease Finance Stock Performance

Shares of WLFC traded up $2.25 during trading hours on Friday, hitting $146.17. The stock had a trading volume of 20,471 shares, compared to its average volume of 34,063. The firm has a 50-day moving average price of $165.29 and a 200 day moving average price of $187.53. Willis Lease Finance Co. has a fifty-two week low of $48.10 and a fifty-two week high of $235.43. The firm has a market capitalization of $965.57 million, a price-to-earnings ratio of 10.37 and a beta of 0.79. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.76 and a current ratio of 1.16.

Willis Lease Finance (NASDAQ:WLFC - Get Free Report) last issued its quarterly earnings data on Monday, March 10th. The transportation company reported $2.81 earnings per share for the quarter, topping analysts' consensus estimates of $1.89 by $0.92. Willis Lease Finance had a net margin of 18.56% and a return on equity of 20.62%. The business had revenue of $152.80 million during the quarter, compared to the consensus estimate of $145.54 million.

Willis Lease Finance 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.