Heico (NYSE:HEI.A) Director Mark Hildebrandt Acquires 676 Shares

Key Points

• Heico Corporation Director Mark Hildebrandt acquired 676 shares at an average price of $243.93, increasing his ownership by 1.39% to a total of 49,423 shares valued at over $12 million.
• As of the latest update, Heico's stock reached $246.09 with a market capitalization of $34.26 billion and a PE ratio of 53.85.
• In its last quarterly earnings report, Heico posted an EPS of $1.26 and revenue of $1.15 billion, reflecting a net margin of 14.96%.

Heico Corporation (NYSE:HEI.A - Get Free Report) Director Mark Hildebrandt bought 676 shares of the business's stock in a transaction that occurred on Friday, October 10th. The shares were bought at an average cost of $243.93 per share, for a total transaction of $164,896.68. Following the transaction, the director owned 49,423 shares of the company's stock, valued at $12,055,752.39. The trade was a 1.39% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Heico Stock Performance

Heico stock traded up $1.08 during mid-day trading on Tuesday, reaching $246.09. 126,866 shares of the company's stock were exchanged, compared to its average volume of 235,759. The business's fifty day simple moving average is $248.72 and its 200 day simple moving average is $234.74. The firm has a market capitalization of $34.26 billion, a PE ratio of 53.85 and a beta of 1.11. Heico Corporation has a one year low of $174.82 and a one year high of $264.71. The company has a quick ratio of 1.51, a current ratio of 3.35 and a debt-to-equity ratio of 0.58.

Heico (NYSE:HEI.A - Get Free Report) last issued its quarterly earnings results on Monday, August 25th. The company reported $1.26 EPS for the quarter. The business had revenue of $1.15 billion for the quarter. Heico had a return on equity of 16.29% and a net margin of 14.96%.

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.

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