HEICO Co. (NYSE:HEI.A) Director Sells $10,442,600.00 in Stock

HEICO Co. (NYSE:HEI.A - Get Free Report) Director Alan Schriesheim sold 35,000 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $298.36, for a total transaction of $10,442,600.00. Following the completion of the transaction, the director now directly owns 122,197 shares of the company's stock, valued at approximately $36,458,696.92. The trade was a 22.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Alan Schriesheim also recently made the following trade(s):

• On Tuesday, April 22nd, Alan Schriesheim sold 50,000 shares of HEICO stock. The stock was sold at an average price of $239.57, for a total transaction of $11,978,500.00.

HEICO Trading Up 0.3%

NYSE HEI.A traded up $0.78 during trading on Friday, hitting $237.17. The stock had a trading volume of 235,834 shares, compared to its average volume of 224,847. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.34 and a current ratio of 3.11. The stock has a market capitalization of $32.95 billion, a price-to-earnings ratio of 64.80 and a beta of 1.09. HEICO Co. has a one year low of $171.42 and a one year high of $238.99. The stock has a 50 day simple moving average of $209.65 and a 200 day simple moving average of $200.64.

HEICO (NYSE:HEI.A - Get Free Report) last announced its quarterly earnings data on Tuesday, May 27th. The company reported $1.12 earnings per share (EPS) for the quarter. The business had revenue of $1.10 billion during the quarter. HEICO had a net margin of 13.33% and a return on equity of 14.63%.

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.