Willis Lease finance exec sells over $219k in company stock

In a recent move within Willis Lease Finance Corp (NASDAQ:WLFC), Robert J. Keady, a figure associated with the company, sold a significant amount of shares, resulting in a transaction totaling over $219,000. The sales occurred on two separate days, with a price range between $96.47 and $98.96 per share.

On August 15, 2024, Keady sold 1,187 shares of Willis Lease Finance Corp at an average price of $96.47, while the following day, an additional 1,060 shares were sold at an average price of $98.96. These transactions were executed in multiple trades, with prices for the sales on August 15 ranging from $95.76 to $96.99, and the sales on August 16 ranging from $98.96 to $101.41.

The sales reduced Keady's holdings in the company to 16,121 shares following the transactions. It is noted that Keady, identified as a previous director in the remarks of the document, is still subject to Form 4 obligations, which require the disclosure of insider transactions.

Investors and the market often keep a close eye on insider transactions as they can provide insights into the perspectives of those with in-depth knowledge of the company. While the reasons behind Keady's sale of stock are not disclosed, the transactions are a matter of public record, providing transparency into the trading activities of corporate insiders.

InvestingPro Insights

Willis Lease Finance Corp (NASDAQ:WLFC) has demonstrated a robust performance in the stock market with significant returns, particularly in recent times. According to InvestingPro data, the company has experienced a substantial one-week price total return of 8.41% and an even more impressive one-year price total return of 129.63%. This growth trajectory is consistent with the company’s strong return over the last decade, as noted in one of the InvestingPro Tips.

InvestingPro Tips also highlight that WLFC is trading at a low earnings multiple with a P/E ratio of 7.84, which could indicate that the stock is undervalued compared to earnings. Moreover, the company's liquid assets exceed its short-term obligations, suggesting a solid financial position that may reassure investors of its ability to meet immediate liabilities.

From a valuation standpoint, WLFC is currently trading near its 52-week high, with the price at 99.2% of this peak. The company’s market capitalization stands at $685.43 million, and it has shown a remarkable revenue growth of 35.31% over the last twelve months as of Q2 2024. These figures are a testament to the company's financial health and growth prospects.

For investors seeking more insights and analysis, there are additional InvestingPro Tips available for Willis Lease Finance Corp, which can be found at InvestingPro. These tips may provide further guidance on the stock's potential and market positioning.

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