Heico (NYSE:HEI.A) Stock: Insider Carol Fine Buys 795 Shares

Heico Corporation (NYSE:HEI.A) Director Carol Fine acquired 795 shares of the company’s stock in a transaction dated Thursday, October 8th. The stock was acquired at an average price of $220.30 per share, for a total transaction of $175,138.50. Following the completion of the purchase, the director directly owned 1,467 shares of the company’s stock, valued at $323,180.10. This trade represents a 118.30% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Heico Trading Up 1.2%

Heico stock opened at $223.94 on Thursday. Heico Corporation has a 52 week low of $199.35 and a 52 week high of $279.66. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.27 and a current ratio of 2.72. The firm has a market capitalization of $31.30 billion, a PE ratio of 36.80 and a beta of 1.13. The business’s 50-day simple moving average is $241.01 and its 200-day simple moving average is $237.71.

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

Key Heico News

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. The combined purchases were worth approximately $1.05 million and increased their individual holdings. SEC insider filing
• Positive Sentiment: Director Julie Neitzel bought 592 shares for approximately $174,600 at an average price of $294.93, increasing her position by about 142%. Across the seven reported transactions, directors purchased roughly 5,362 shares valued at approximately $1.23 million. Coordinated insider buying can support investor confidence in HEICO’s outlook. SEC insider filing
• Positive Sentiment: Zacks Research upgraded HEICO from “hold” to “strong buy” on October 2. MarketBeat reports a “strong buy” consensus rating, adding further support to the bullish case. HEICO analyst information
• Neutral Sentiment: The insider purchases were made by directors rather than operating executives and do not directly alter HEICO’s financial outlook. The stock remains valued at a relatively high earnings multiple, while trading below its 50-day and 200-day moving averages, leaving investors focused on upcoming results and whether forecast fiscal-year EPS of $6.25 can support the valuation.

Analysts Set New Price Targets

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