Heico (NYSE:HEI.A) Director Julie Neitzel Acquires 592 Shares of Company Stock

Heico Corporation (NYSE:HEI.A) Director Julie Neitzel purchased 592 shares of the business’s stock in a transaction on Thursday, October 8th. The shares were acquired at an average price of $294.93 per share, for a total transaction of $174,598.56. Following the completion of the purchase, the director directly owned 1,010 shares of the company’s stock, valued at approximately $297,879.30. This trade represents a 141.63% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Heico Stock Down 0.7%

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

Heico (NYSE:HEI.A) last announced its quarterly earnings data on Tuesday, August 25th. The company reported $1.67 earnings per share for the quarter. The firm had revenue of $1.41 billion during the quarter. Heico had a net margin of 16.38% and a return on equity of 18.00%. Analysts forecast that Heico Corporation will post 6.25 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Heico from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. Two analysts have rated the stock with a Strong Buy rating. According to MarketBeat.com, Heico presently has an average rating of “Strong Buy”.

Key Heico News

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.

About Heico

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.