HEICO (NYSE:HEI-A) Shares Down 0.8%

HEICO Co. (NYSE:HEI-A)’s stock price was down 0.8% during trading on Thursday . The stock traded as low as $202.94 and last traded at $203.29. Approximately 151,583 shares traded hands during trading, The stock had previously closed at $205.02.

HEICO Price Performance

The stock’s fifty day moving average is $192.57 and its two-hundred day moving average is $176.65.

Insider Transactions at HEICO

In other news, insider Eric A. Mendelson sold 53,510 shares of the stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $182.02, for a total transaction of $9,739,890.20. Following the transaction, the insider now directly owns 168,891 shares in the company, valued at approximately $30,741,539.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Frank J. Schwitter acquired 475 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were purchased at an average price of $252.26 per share, for a total transaction of $119,823.50. Following the completion of the acquisition, the director now owns 1,730 shares in the company, valued at $436,409.80. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, insider Eric A. Mendelson sold 53,510 shares of the firm’s stock in a transaction that occurred on Tuesday, July 16th. The stock was sold at an average price of $182.02, for a total value of $9,739,890.20. Following the transaction, the insider now owns 168,891 shares in the company, valued at $30,741,539.82. The disclosure for this sale can be found here. In the last ninety days, insiders sold 82,374 shares of company stock valued at $15,061,997.

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. 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.