Insider Selling: HEICO Co. (NYSE:HEI-A) Director Sells 26,000 Shares of Stock

HEICO Co. (NYSE:HEI-A) Director Alan Schriesheim sold 26,000 shares of the business’s stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $192.18, for a total value of $4,996,680.00. Following the completion of the transaction, the director now directly owns 155,862 shares of the company’s stock, valued at $29,953,559.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

HEICO Stock Performance

HEI-A opened at $156.25 on Thursday. The stock’s 50-day moving average is $150.60 and its 200-day moving average is $140.40.

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.