Heico Corporation (NYSE:HEI.A – Get Free Report) Director Adolfo Henriques bought 795 shares of Heico stock in a transaction on Thursday, October 8th. The stock was acquired at an average cost of $220.30 per share, for a total transaction of $175,138.50. Following the acquisition, the director owned 24,864 shares in the company, valued at approximately $5,477,539.20. This represents a 3.30% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Heico Stock Performance
Heico stock opened at $221.25 on Wednesday. Heico Corporation has a 12-month low of $199.35 and a 12-month high of $279.66. The company has a quick ratio of 1.27, a current ratio of 2.72 and a debt-to-equity ratio of 0.51. The business’s 50-day moving average price is $241.86 and its two-hundred day moving average price is $237.60. The stock has a market cap of $30.92 billion, a PE ratio of 37.08 and a beta of 1.13.
Heico (NYSE:HEI.A – Get Free Report) last issued its earnings results on Tuesday, August 25th. The company reported $1.67 EPS for the quarter. The firm had revenue of $1.41 billion during the quarter. Heico had a return on equity of 18.00% and a net margin of 16.38%. As a group, analysts expect that Heico Corporation will post 6.25 earnings per share for the current fiscal year.
Trending Headlines about Heico
- Positive Sentiment: Six Heico directors—Nandakumar Cheruvatath, Adolfo Henriques, Alan Schriesheim, Carol F. Fine, Mark H. Hildebrandt and Thomas M. Culligan—each purchased 795 shares at an average price of $220.30, representing approximately $1.05 million in combined purchases. The transactions increased their individual holdings, with the largest percentage increases recorded by Schriesheim and Fine. SEC insider filing
- Positive Sentiment: Director Julie Neitzel separately acquired 592 shares for approximately $174,600 at an average price of $294.93, increasing her ownership by roughly 142%. Across the seven reported transactions, directors bought about 5,362 shares worth approximately $1.23 million in total. The coordinated insider buying can signal that board members view Heico’s valuation or long-term outlook as attractive. SEC insider filing
- Neutral Sentiment: The purchases were disclosed in SEC filings and involved directors rather than operating executives. While the transactions may improve sentiment, they do not directly change Heico’s earnings, revenue outlook or balance sheet. The stock has recently traded below its 50-day and 200-day moving averages, leaving investors focused on whether upcoming results can support its elevated earnings multiple.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of Heico from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. Two equities research analysts have rated the stock with a Strong Buy rating. Based on data from MarketBeat, the stock has an average rating of “Strong Buy”.
Get Our Latest Analysis on HEI.A
Heico Company Profile
HEICO Corporation is an aerospace, defense, electronics and medical technology company headquartered in Hollywood, Florida. Founded in 1957, the company develops, manufactures and sells products and services used by commercial and business aircraft operators, defense contractors, space and satellite companies, medical equipment manufacturers, telecommunications providers and other industrial customers.
HEICO operates through two principal business groups. Its Flight Support Group produces aircraft replacement parts and related components, including FAA-approved parts, as well as specialty products and services for the aviation industry.
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