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2,895 Shares in Willis Lease Finance Co. (NASDAQ:WLFC) Bought by XTX Topco Ltd

Willis Lease Finance logo with Transportation background

XTX Topco Ltd bought a new stake in Willis Lease Finance Co. (NASDAQ:WLFC - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 2,895 shares of the transportation company's stock, valued at approximately $601,000.

Other large investors have also recently made changes to their positions in the company. Barclays PLC raised its position in Willis Lease Finance by 221.7% during the third quarter. Barclays PLC now owns 3,738 shares of the transportation company's stock worth $556,000 after acquiring an additional 2,576 shares during the period. Jane Street Group LLC acquired a new position in Willis Lease Finance during the third quarter worth $531,000. Franklin Resources Inc. acquired a new position in Willis Lease Finance during the third quarter worth $283,000. State Street Corp raised its position in Willis Lease Finance by 7.6% during the third quarter. State Street Corp now owns 39,926 shares of the transportation company's stock worth $5,941,000 after acquiring an additional 2,805 shares during the period. Finally, Ritholtz Wealth Management raised its position in Willis Lease Finance by 32.5% during the fourth quarter. Ritholtz Wealth Management now owns 2,778 shares of the transportation company's stock worth $577,000 after acquiring an additional 681 shares during the period. 93.70% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Scott B. Flaherty sold 5,026 shares of Willis Lease Finance stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $184.50, for a total transaction of $927,297.00. Following the sale, the executive vice president now owns 79,270 shares of the company's stock, valued at approximately $14,625,315. The trade was a 5.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Austin Chandler Willis sold 3,450 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $204.14, for a total value of $704,283.00. Following the completion of the sale, the chief executive officer now directly owns 158,034 shares in the company, valued at approximately $32,261,060.76. The trade was a 2.14 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,465 shares of company stock valued at $2,439,074. 57.02% of the stock is currently owned by company insiders.

Willis Lease Finance Price Performance

NASDAQ:WLFC traded up $1.63 during trading hours on Thursday, reaching $142.30. 2,870 shares of the company were exchanged, compared to its average volume of 33,922. The stock's 50-day moving average is $166.32 and its 200-day moving average is $187.58. The firm has a market cap of $940.00 million, a PE ratio of 10.08 and a beta of 0.79. The company has a current ratio of 1.16, a quick ratio of 0.76 and a debt-to-equity ratio of 3.84. Willis Lease Finance Co. has a twelve month low of $48.10 and a twelve month high of $235.43.

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

About Willis Lease Finance

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Willis Lease Finance (NASDAQ:WLFC)

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