Benzinga - by Benzinga Insights, Benzinga Staff Writer.
In a recent SEC filing, it was revealed that Brian R. Hole, President at Willis Lease Finance (NASDAQ:WLFC), made a noteworthy insider purchase on April 3,.
What Happened: Hole made a significant move by purchasing 43,700 shares of Willis Lease Finance as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction's total worth stands at $2,131,686.
As of Wednesday morning, Willis Lease Finance shares are down by 0.0%, currently priced at $48.86.
About Willis Lease Finance 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.
Understanding the Numbers: Willis Lease Finance's Finances Revenue Growth: Willis Lease Finance displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 29.65%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Profitability Metrics:
- Gross Margin: The company sets a benchmark with a high gross margin of 75.13%, reflecting superior cost management and profitability compared to its peers.
- Earnings per Share (EPS): Willis Lease Finance's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 1.57.
Evaluating Valuation:
- Price to Earnings (P/E) Ratio: The P/E ratio of 7.79 is lower than the industry average, implying a discounted valuation for Willis Lease Finance's stock.
- Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.75, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
- EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): Willis Lease Finance's EV/EBITDA ratio, lower than industry averages at 8.89, indicates attractively priced shares.
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Unmasking the Significance of Insider Transactions In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
Transaction Codes To Focus On Surveying the realm of stock transactions, investors often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
Check Out The Full List Of Willis Lease Finance's Insider Trades.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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