Bradley Rowen Sells 1,326 Shares of Heico (NYSE:HEI.A) Stock

Heico Corporation (NYSE:HEI.A) CAO Bradley Rowen sold 1,326 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $241.63, for a total transaction of $320,401.38. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Heico Stock Down 1.6%

HEI.A stock opened at $246.92 on Friday. Heico Corporation has a 52 week low of $199.35 and a 52 week high of $279.66. The company has a market capitalization of $34.48 billion, a price-to-earnings ratio of 44.09 and a beta of 1.07. The firm’s 50-day moving average is $224.49 and its two-hundred day moving average is $238.98. The company has a current ratio of 2.92, a quick ratio of 1.36 and a debt-to-equity ratio of 0.53.

Heico (NYSE:HEI.A) last released its quarterly earnings results on Wednesday, May 27th. The company reported $1.66 EPS for the quarter. Heico had a net margin of 16.08% and a return on equity of 17.52%. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.22 billion.

Heico Company Profile

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.