Heico (NYSE:HEI.A) Director Carol Fine Acquires 795 Shares of Stock

Heico Corporation (NYSE:HEI.A – Get Free Report) Director Carol Fine bought 795 shares of the stock in a transaction dated Thursday, October 8th. The shares were acquired at an average cost of $220.30 per share, for a total transaction of $175,138.50. Following the completion of the acquisition, the director directly owned 1,467 shares of the company’s stock, valued at approximately $323,180.10. This trade represents a 118.30% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Heico Trading Down 0.7%

Shares of HEI.A stock opened at $221.25 on Wednesday. The company has a current ratio of 2.72, a quick ratio of 1.27 and a debt-to-equity ratio of 0.51. The stock has a market cap of $30.92 billion, a P/E ratio of 37.08 and a beta of 1.13. The stock has a 50 day simple moving average of $241.86 and a 200 day simple moving average of $237.60. Heico Corporation has a 1 year low of $199.35 and a 1 year high of $279.66.

Heico (NYSE:HEI.A – Get Free Report) last issued its quarterly earnings results on Tuesday, August 25th. The company reported $1.67 earnings per share (EPS) for the quarter. Heico had a return on equity of 18.00% and a net margin of 16.38%. The business had revenue of $1.41 billion for the quarter. On average, research analysts predict that Heico Corporation will post 6.25 earnings per share for the current fiscal year.

Trending Headlines about Heico

Here are the key news stories impacting Heico this week:

  • 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.

Analysts Set New Price Targets

Separately, Zacks Research raised Heico from a “hold” rating to a “strong-buy” rating in a report on Friday, October 2nd. Two analysts have rated the stock with a Strong Buy rating. According to data from MarketBeat, the company has an average rating of “Strong Buy”.

View Our Latest Analysis on Heico

Heico Company Profile

(Get Free Report)

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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