Willis Lease Finance Corp (WLFC): Hans Jorg Hunziker , director of Willis Lease Finance Corp sold 700 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $23.79 per share for a total value of $16,638.30 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 14, 2016, Donald A Nunemaker (other) sold 2,098 shares at $22.23 per share price.On Apr 4, 2016, Bradley Stewart Forsyth (other) sold 389 shares at $21.68 per share price.Also, On Apr 4, 2016, Charles F Iv Willis (CEO) sold 60,000 shares at $21.59 per share price.On Mar 17, 2016, Hans Jorg Hunziker (director) sold 2,000 shares at $21.40 per share price.
Willis Lease Finance Corporation: On Tuesday, May 10, 2016 heightened volatility was witnessed in Willis Lease Finance Corporation which led to swings in the share price. The shares opened for trading at $23.41 and hit $23.94 on the upside , eventually ending the session at $23.45, with a gain of 0.56% or 0.13 points. The heightened volatility saw the trading volume jump to 23,913 shares. The 52-week high of the share price is $25.67 and the company has a market cap of $179 M . The 52-week low of the share price is at $15.11.
Willis Lease Finance Corporation with its subsidiaries is a lessor of commercial aircraft engines. The Company operates in two business segments: Equipment Leasing which involves acquiring and leasing primarily pursuant to operating leases commercial aircraft aircraft engines and other aircraft equipment and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and Spare Parts Sales which involves the purchase and resale of after-market engine and airframe parts whole engines engine modules and portable aircraft components and leasing of engines destined for disassembly and sale of parts. As of December 31 2014 its lease portfolio consisted of 207 engines and related equipment five aircraft and five spare engine parts packages with77 lessees in 39 countries. As of December 31 2014 it also managed 41 engines and related equipment on behalf of other parties.