On April 3, a substantial insider purchase was made by Scott B Flaherty, EVP at Willis Lease Finance (NASDAQ:WLFC), as per the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday unveiled that Flaherty made a notable purchase of 35,650 shares of Willis Lease Finance, valuing at $1,739,007.
Monitoring the market, Willis Lease Finance's shares down by 0.0% at $48.86 during Wednesday's morning.
Discovering Willis Lease Finance: A Closer Look
Willis Lease Finance Corp with its subsidiaries is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments namely Leasing and Related Operations which involves acquiring and leasing, 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 other related businesses and Spare Parts Sales segment involves the purchase and resale of after-market engine parts, whole engines, engine modules and portable aircraft components. The company generates the majority of its revenue from leasing and related operations.
Unraveling the Financial Story of Willis Lease Finance
Positive Revenue Trend: Examining Willis Lease Finance's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue ...