Mark Hildebrandt Buys 400 Shares of Heico (NYSE:HEI.A) Stock

Heico Corporation (NYSE:HEI.A) Director Mark Hildebrandt bought 400 shares of Heico stock in a transaction that occurred on Tuesday, October 21st. The shares were acquired at an average price of $248.76 per share, with a total value of $99,504.00. Following the acquisition, the director directly owned 1,181 shares of the company’s stock, valued at $293,785.56. The trade was a 51.22% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Heico Stock Performance

Shares of HEI.A opened at $247.58 on Friday. Heico Corporation has a 12 month low of $174.82 and a 12 month high of $264.71. The firm has a fifty day simple moving average of $248.50 and a 200 day simple moving average of $236.93. The stock has a market capitalization of $34.47 billion, a price-to-earnings ratio of 54.18 and a beta of 1.11. The company has a current ratio of 3.35, a quick ratio of 1.51 and a debt-to-equity ratio of 0.58.

Heico (NYSE:HEI.A) last announced its earnings results on Monday, August 25th. The company reported $1.26 EPS for the quarter. Heico had a net margin of 14.96% and a return on equity of 16.29%. The business had revenue of $1.15 billion during the quarter.

Heico Company Profile

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components.