On May 7, 2024, Scott Flaherty, Executive Vice President and Chief Financial Officer of Willis Lease Finance Corp (WLFC, Financial), sold 8,799 shares of the company. The transaction was filed on the same day with the SEC.
Willis Lease Finance Corp specializes in the acquisition, management, and leasing of commercial aircraft engines. The company operates a diverse fleet, providing engines and related services to airlines, aircraft engine manufacturers, and maintenance, repair, and overhaul providers globally.
Following this transaction, the insider's total sales over the past year amount to 30,436 shares, with no recorded purchases. This sale is part of a broader trend observed at Willis Lease Finance Corp, where there have been 64 insider sells and no insider buys over the past year.
On the valuation front, Willis Lease Finance Corp shares were priced at $56.43 on the day of the sale, positioning the company with a market cap of $374.173 million. The price-earnings ratio stands at 6.53, below both the industry median of 17.88 and the company's historical median.
The stock's GF Value is estimated at $58.40, suggesting that Willis Lease Finance Corp is Fairly Valued with a price-to-GF-Value ratio of 0.97. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This insider sale and the current valuation metrics provide investors with updated data points to consider in their assessment of Willis Lease Finance Corp's stock.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
