Insider Selling: Heico (NYSE:HEI.A) CAO Sells $320,401.38 in Stock

Heico Corporation (NYSE:HEI.A) CAO Bradley Rowen sold 1,326 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $241.63, for a total transaction of $320,401.38. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Heico Stock Down 1.6%

NYSE HEI.A opened at $246.92 on Friday. The company has a current ratio of 2.92, a quick ratio of 1.36 and a debt-to-equity ratio of 0.53. The company has a market cap of $34.48 billion, a price-to-earnings ratio of 44.09 and a beta of 1.07. The company has a 50 day moving average of $224.49 and a 200-day moving average of $238.98. Heico Corporation has a 1-year low of $199.35 and a 1-year high of $279.66.

Heico (NYSE:HEI.A) last issued its quarterly earnings results on Wednesday, May 27th. The company reported $1.66 earnings per share (EPS) for the quarter. Heico had a return on equity of 17.52% and a net margin of 16.08%.The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.22 billion.

Heico Company Profile

Heico Corporation (NYSE: HEI.A) is a diversified aerospace, defense and electronics company headquartered in Hollywood, Florida. The company operates through two primary business segments: the Flight Support Group, which focuses on manufacturing and distributing replacement parts and providing repair and overhaul services for commercial and military aircraft and engines; and the Electronic Technologies Group, which designs and produces high-reliability electronic components, subsystems and sensors for demanding applications.

Products and services include FAA-approved parts and supplemental type certified (STC) solutions, component repair and overhaul, and a range of specialty electronic components and assemblies used in aerospace, defense, space, medical and industrial markets.