Hans Jorg Hunziker sells shares of Willis Lease Finance Corp

Apr 2, 2024 2:20 am | News

Hans Jorg Hunziker, associated with Willis Lease Finance Corp (NASDAQ:WLFC), has completed a sale of company shares on March 28, 2024. The transaction involved a total of 215 shares of common stock, sold at a weighted average price of $49.55, resulting in an aggregate sale amount of approximately $10,653.

The shares were sold in multiple trades with prices ranging from $49.40 to $49.89. The reported price represents a weighted average, indicating that the shares were not sold in a single transaction but rather in a series of trades within the specified price range. Following the sale, Hunziker’s ownership in Willis Lease Finance Corp stands at 22,677 shares of common stock.

Investors and market watchers often keep a close eye on insider transactions as they can provide insights into an insider’s perspective on the company’s financial health and future prospects. The details of such transactions are meticulously recorded and can be requested for more granular information regarding the exact prices of each share sold within the range.

Hans Jorg Hunziker is noted in the filing as having previous directorial responsibilities and remains subject to the reporting obligations of Form 4. This sale demonstrates a change in Hunziker’s investment in Willis Lease Finance Corp, though the reasons for the sale are not disclosed in the document.

Willis Lease Finance Corp, incorporated in Delaware, operates in the wholesale machinery, equipment, and supplies industry, providing leasing services to commercial and corporate aircraft worldwide. The company’s stock is publicly traded on the NASDAQ under the ticker symbol WLFC.

InvestingPro Insights

Willis Lease Finance Corp (NASDAQ:WLFC) has been the subject of recent insider trading activity, which may prompt investors to look deeper into the company’s financial metrics. As of the last twelve months as of Q4 2023, Willis Lease Finance Corp boasts a market capitalization of $313.21 million and has demonstrated a strong revenue growth of 36.05%. This growth is reflected in the company’s gross profit margin, which stands at a robust 96.29%, indicating efficient management and a potentially strong competitive advantage in its industry.

Notably, Willis Lease Finance Corp is trading at a low earnings multiple, with a P/E Ratio (Adjusted) of 7.3. This could suggest that the company’s stock is undervalued compared to its earnings potential. Additionally, the company’s liquid assets exceed its short-term obligations, which enhances its financial stability and may reassure investors looking for less risky investment opportunities.

For those interested in further insights, there are additional InvestingPro Tips available that discuss the company’s high shareholder yield and its performance over the last twelve months, including profitability. These tips, along with other valuable metrics, can be found on the InvestingPro platform. To enrich your investment strategy, use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription. Currently, there are a total of 6 additional InvestingPro Tips listed for Willis Lease Finance Corp, which could provide more in-depth analysis and guidance for investors.

Given the company’s recent performance and the insights from these InvestingPro Tips, investors may want to consider the potential opportunities that Willis Lease Finance Corp’s stock could offer. With a solid revenue base and favorable financial ratios, the company could be an interesting prospect for those looking to diversify their investment portfolio in the machinery, equipment, and supplies sector.

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