Willis Lease Finance Corp (WLFC) Files Form 4 Insider Selling : Robert T Morris Sells 900 Shares

Willis Lease Finance Corp (WLFC): Robert T Morris , director of Willis Lease Finance Corp sold 900 shares on Jun 8, 2016. The Insider selling transaction was reported by the company on Jun 9, 2016 to the Securities and Exchange Commission. The shares were sold at $25.45 per share for a total value of $22,904.37 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 7, 2016, Robert T Morris (director) sold 1,100 shares at $25.38 per share price.On Jun 2, 2016, Bradley Stewart Forsyth (other) sold 15,901 shares at $24.66 per share price.Also, On May 26, 2016, Donald A Nunemaker (other) sold 440 shares at $24.57 per share price.On May 18, 2016, Hans Jorg Hunziker (director) sold 1,300 shares at $22.96 per share price.

Shares of Willis Lease Finance Corporation (WLFC) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -0.65 points or -2.56% at $24.75 with 23,824 shares getting traded. Post opening the session at $24.97, the shares hit an intraday low of $24.57 and an intraday high of $25.37 and the price vacillated in this range throughout the day. The company has a market cap of $181 M and the number of outstanding shares has been calculated to be 73,20,306 shares. The 52-week high of Willis Lease Finance Corporation is $25.67 and the 52-week low is $15.11.

Willis Lease Finance Corporation Money Flow Index Chart

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.

Leave a Reply

Willis Lease Finance Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Willis Lease Finance Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.