HEICO (NYSE:HEI-A) Trading 2.5% Higher

HEICO Co. (NYSE:HEI-A)’s stock price traded up 2.5% on Tuesday . The company traded as high as $167.26 and last traded at $165.93. 280,135 shares were traded during trading, The stock had previously closed at $161.87.

HEICO Trading Up 2.5 %

The stock’s fifty day simple moving average is $155.04 and its two-hundred day simple moving average is $144.01.

Insiders Place Their Bets

In other HEICO news, Director Alan Schriesheim sold 26,000 shares of the stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $192.18, for a total transaction of $4,996,680.00. Following the sale, the director now directly owns 155,862 shares of the company’s stock, valued at $29,953,559.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Frank J. Schwitter sold 400 shares of the stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $193.70, for a total value of $77,480.00. Following the sale, the director now owns 1,255 shares of the company’s stock, valued at approximately $243,093.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Alan Schriesheim sold 26,000 shares of the stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $192.18, for a total transaction of $4,996,680.00. Following the completion of the sale, the director now directly owns 155,862 shares in the company, valued at approximately $29,953,559.16. The disclosure for this sale can be found here.

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. Its Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components.