Mark Hildebrandt Purchases 400 Shares of Heico (NYSE:HEI.A) Stock

Key Points

• Mark Hildebrandt, Director of Heico Corporation, acquired 400 shares of the stock at an average price of $248.76, totaling $99,504, increasing his ownership by 51.22% to 1,181 shares.
• Heico's recent trading price was $247.54, with a market capitalization of $34.46 billion and a PE ratio of 54.17.
• For the last quarter, Heico reported earnings of $1.26 per share on revenue of $1.15 billion, with a return on equity of 16.29%.

Heico Corporation (NYSE:HEI.A - Get Free Report) Director Mark Hildebrandt purchased 400 shares of Heico stock in a transaction that occurred on Tuesday, October 21st. The stock was purchased at an average price of $248.76 per share, with a total value of $99,504.00. Following the completion of the purchase, the director directly owned 1,181 shares in the company, valued at $293,785.56. This trade represents a 51.22% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Heico Price Performance

Shares of NYSE:HEI.A traded up $4.05 during trading on Thursday, reaching $247.54. 225,172 shares of the company traded hands, compared to its average volume of 235,878. The company's 50 day moving average is $248.36 and its two-hundred day moving average is $236.54. The firm has a market capitalization of $34.46 billion, a PE ratio of 54.17 and a beta of 1.11. 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 Corporation has a 52 week low of $174.82 and a 52 week high of $264.71.

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

Heico Company Profile

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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