Heico (NYSE:HEI.A) Director Mark Hildebrandt Buys 795 Shares of Company Stock

Heico Corporation (NYSE:HEI.A) Director Mark Hildebrandt acquired 795 shares of the stock in a transaction on Thursday, October 8th. The shares were bought at an average cost of $220.30 per share, for a total transaction of $175,138.50. Following the purchase, the director directly owned 50,218 shares of the company’s stock, valued at $11,063,025.40. The trade was a 1.61% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Heico Stock Down 0.7%

Shares of NYSE:HEI.A opened at $221.25 on Wednesday. The company has a quick ratio of 1.27, a current ratio of 2.72 and a debt-to-equity ratio of 0.51. Heico Corporation has a 52-week low of $199.35 and a 52-week high of $279.66. The business has a fifty day moving average of $241.86 and a two-hundred day moving average of $237.60. The stock has a market cap of $30.92 billion, a P/E ratio of 37.08 and a beta of 1.13.

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

Heico News Summary

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 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. Based on data from MarketBeat.com, Heico presently has an average rating of “Strong Buy”.

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.