Heico Corporation (NYSE:HEI.A – Get Free Report) CAO Bradley Rowen sold 1,326 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $241.63, for a total transaction of $320,401.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Heico Trading Up 2.7%
Shares of HEI.A stock traded up $6.49 during trading hours on Thursday, hitting $243.94. 139,416 shares of the company’s stock traded hands, compared to its average volume of 334,119. The stock has a market cap of $34.07 billion, a PE ratio of 43.56 and a beta of 1.07. The stock’s 50 day simple moving average is $223.00 and its 200 day simple moving average is $238.83. The company has a quick ratio of 1.36, a current ratio of 2.92 and a debt-to-equity ratio of 0.53. Heico Corporation has a 12 month low of $199.35 and a 12 month high of $279.66.
Heico (NYSE:HEI.A – Get Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The company reported $1.66 earnings per share for the quarter. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.22 billion. Heico had a return on equity of 17.52% and a net margin of 16.08%.
About Heico
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.
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