Heico (NYSE:HEI.A) CAO Bradley Rowen Sells 1,326 Shares of Stock

Heico Corporation (NYSE:HEI.A) CAO Bradley Rowen sold 1,326 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $241.63, for a total transaction of $320,401.38. The sale was disclosed in a filing with the SEC, which is available through this link.

Heico Stock Up 5.7%

Shares of NYSE:HEI.A opened at $251.06 on Friday. Heico Corporation has a 12 month low of $199.35 and a 12 month high of $279.66. The company’s 50-day moving average price is $223.80 and its two-hundred day moving average price is $238.92. The company has a quick ratio of 1.36, a current ratio of 2.92 and a debt-to-equity ratio of 0.53. The firm has a market cap of $35.06 billion, a P/E ratio of 44.83 and a beta of 1.07.

Heico (NYSE:HEI.A) last issued its quarterly earnings data on Wednesday, May 27th. The company reported $1.66 EPS for the quarter. Heico had a net margin of 16.08% and a return on equity of 17.52%. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.22 billion.

About Heico

Heico Corporation (NYSE: HEI.A) is a diversified aerospace, defense and electronics company headquartered in Hollywood, Florida. The company operates through two primary business segments: the Flight Support Group, which focuses on manufacturing and distributing replacement parts and providing repair and overhaul services for commercial and military aircraft and engines; and the Electronic Technologies Group, which designs and produces high-reliability electronic components, subsystems and sensors for demanding applications.

Products and services include FAA-approved parts and supplemental type certified (STC) solutions, component repair and overhaul, and a range of specialty electronic components and assemblies used in aerospace, defense, space, medical and industrial markets.