Heico (NYSE:HEI.A) Trading Up 0.6% – What’s Next?

Heico Corporation (NYSE:HEI.A) shares traded up 0.6% during trading on Wednesday . The stock traded as high as $242.87 and last traded at $242.5330. 223,561 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 231,009 shares. The stock had previously closed at $241.08.

Heico Trading Up 0.6%

The firm has a 50-day moving average of $246.53 and a 200 day moving average of $245.58. The company has a current ratio of 3.35, a quick ratio of 1.51 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $33.76 billion, a price-to-earnings ratio of 53.07 and a beta of 1.08.

Insider Buying and Selling at Heico

In related news, Director Thomas M. Culligan bought 676 shares of the stock in a transaction on Friday, October 10th. The shares were purchased at an average price of $243.93 per share, with a total value of $164,896.68. Following the purchase, the director owned 11,030 shares in the company, valued at approximately $2,690,547.90. This represents a 6.53% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark H. Hildebrandt purchased 400 shares of the company’s stock in a transaction on Tuesday, October 21st. The shares were bought at an average price of $248.76 per share, for a total transaction of $99,504.00. Following the completion of the transaction, the director directly owned 1,181 shares in the company, valued at $293,785.56. This represents a 51.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders purchased 4,448 shares of company stock valued at $1,086,933. 9.76% of the stock is currently owned by insiders.

About Heico

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.