Monday, 20 May 2024


Willis Lease Finance Corp insider sells over $46,000 in company stock By


In recent trading activity, Hans Jorg Hunziker, a former director of Willis Lease Finance Corp (NASDAQ:WLFC), sold shares of the company’s stock. The transactions, which occurred on May 13 and 14, 2024, resulted in a total sale value of over $46,000.

On the first day, Hunziker disposed of 562 shares at an average price of $64.57. The following day, an additional 165 shares were sold at an average price of $64.26. The prices for these sales ranged between $64.26 and $64.57, with the reported prices reflecting the weighted average sale price across multiple trades.

These sales have adjusted Hunziker’s holdings in Willis Lease Finance Corp, leaving him with a total of 20,663 shares following the transactions.

Willis Lease Finance Corp, known for its wholesale machinery, equipment, and supplies services, is incorporated in Delaware and has its business address in Coconut Creek, Florida.

Investors keep an eye on insider trading activities as they can provide insights into a company’s internal perspective. The sale of stock by insiders like Hunziker is a routine part of stock ownership for many corporate executives and can be influenced by various factors, including diversification strategies or personal financial planning.

Hunziker’s recent transactions were disclosed in accordance with SEC regulations, which require insiders to report their trading activities. The details of these transactions are publicly available for investors and market analysts to review.

InvestingPro Insights

The recent insider trading activity involving Hans Jorg Hunziker and Willis Lease Finance Corp (NASDAQ:WLFC) has caught the attention of market watchers. To provide further context to these transactions, InvestingPro data and tips offer additional insights into the company’s current financial health and stock performance.

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Willis Lease Finance Corp has demonstrated a robust financial performance with a significant revenue growth of 36.38% over the last twelve months as of Q1 2024. This growth is also reflected in the company’s gross profit margin, which stands at an impressive 96.57%. These figures indicate a strong operational efficiency and an ability to convert sales into profit.

Moreover, the company’s stock has experienced a noteworthy upward trajectory, with a 31.7% return over the last month and a 44.14% return over the last six months. Such performance is likely to resonate with…

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