In a recent transaction, Robert J. Keady, associated with Willis Lease Finance Corp (NASDAQ:WLFC), sold 629 shares of the company's common stock. The sale was executed at a weighted average price of $64.19, resulting in a total transaction value exceeding $40,000. This sale occurred in multiple trades with prices ranging from $63.92 to $64.56.
Investors following Willis Lease Finance Corp may note that following this transaction, Keady's ownership in the company has been adjusted to 31,822 shares of common stock. The sale took place on May 14, 2024, as reported in the latest SEC filings. The details provided in the filing indicate that the prices at which the shares were sold varied within the specified range.
It is important for stakeholders to be aware of such transactions as they represent changes in the ownership of company insiders and can sometimes provide insight into their perspective on the company's current valuation and future prospects.
As a former director of Willis Lease Finance Corp, Keady is still obliged to report his transactions in the company's securities, reflecting continued regulatory compliance with SEC requirements. The company, known for its role in the wholesale machinery, equipment, and supplies industry, remains a point of interest for investors tracking insider trading activity.
The transaction details, including the range of sale prices and the total value of the shares sold, are available for review by the SEC staff, the issuer, or any security holder of the issuer upon request, as per the footnotes in the SEC filing.
InvestingPro Insights
Willis Lease Finance Corp (NASDAQ:WLFC) has been capturing investor attention with notable market activity. As of the last twelve months ending in Q1 2024, the company boasts a strong revenue growth of 36.38%, underlining its expanding operations in the wholesale machinery, equipment, and supplies industry. With a market capitalization of $423.01 million and a remarkable gross profit margin of 96.57%, Willis Lease Finance Corp stands out in its sector.
An InvestingPro Tip highlights that the company's stock has seen a significant return over the last week, with a 1-week price total return of 8.2%. This is coupled with a formidable six-month price total return of 44.14%, suggesting that investors have been bullish on the company's performance and future outlook. Moreover, the stock's P/E ratio, which is a key indicator of its valuation, is currently at an attractive 7.07, pointing to potential value for investors considering this stock.
For those looking to delve deeper into the financial health and investment potential of Willis Lease Finance Corp, there are additional InvestingPro Tips available. Currently, there are 10 more tips that can offer a comprehensive analysis, which can be accessed through the InvestingPro platform. Interested investors can utilize the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription, enhancing their investment research with valuable insights.
As we consider the recent insider transaction by Robert J. Keady, these metrics and tips can help investors gauge the company's financial standing and market sentiment. The robust revenue growth and solid returns over various periods indicate a positive trend, while the low earnings multiple may appeal to value-focused investors. Willis Lease Finance Corp's financials and insider trading activities continue to be of interest to those monitoring the company's trajectory.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.