Heico (NYSE:HEI.A) Director Alan Schriesheim Acquires 795 Shares of Stock

Heico Corporation (NYSE:HEI.A – Get Free Report) Director Alan Schriesheim acquired 795 shares of the business’s stock in a transaction on Thursday, October 8th. The shares were purchased at an average price of $220.30 per share, with a total value of $175,138.50. Following the completion of the purchase, the director owned 1,202 shares in the company, valued at $264,800.60. This represents a 195.33% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

Heico Stock Performance

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

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 firm had revenue of $1.41 billion for the quarter. As a group, equities research analysts anticipate that Heico Corporation will post 6.25 EPS for the current fiscal year.

Key Stories Impacting 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.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Heico from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. Two equities research analysts have rated the stock with a Strong Buy rating. According to MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Read Our Latest Stock 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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