Heico Corp’s filing revealed that its Director SCHRIESHEIM ALAN acquired Company’s shares for reported $0.19 million on Oct 18 ’24. In the deal valued at $262.94 per share,724 shares were bought. As a result of this transaction, SCHRIESHEIM ALAN now holds 174,878 shares worth roughly $ 38.62 million.
Then, MENDELSON VICTOR H bought 726 shares, generating $190,894 in total proceeds. Upon buying the shares at $262.94, the Co-President now owns 1,234,950 shares.
Before that, MENDELSON ERIC A bought 726 shares. Heico Corp shares valued at $190,894 were divested by the Co-President at a price of $262.94 per share. As a result of the transaction, MENDELSON ERIC A now holds 6,302 shares, worth roughly $1.39 million.
KeyBanc Capital Markets initiated its Heico Corp [HEI] rating to a Sector weight in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid October with a ‘”a Neutral”‘ rating. Barclays began covering HEI with “an Equal weight” recommendation on August 19, 2024. Morgan Stanley revised its rating on June 04, 2024. It rated HEI as “an Equal-weight” which previously was an “an Underweight”.
Price Performance Review of HEI
On Friday, Heico Corp [NYSE:HEI] saw its stock fall -1.70% to $220.85. Over the last five days, the stock has lost -5.98%. Heico Corp shares have fallen nearly -7.10% since the year began. Nevertheless, the stocks have risen 17.46% over the past one year. While a 52-week high of $283.60 was reached on 01/23/25, a 52-week low of $182.47 was recorded on 02/14/25. SMA at 50 days reached $240.44, while 200 days put it at $241.26.
Levels Of Support And Resistance For HEI Stock
The 24-hour chart illustrates a support level at 217.13, which if violated will result in even more drops to 213.41. On the upside, there is a resistance level at 225.00. A further resistance level may holdings at 229.15. The Relative Strength Index (RSI) on the 14-day chart is 30.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.04%. Stochastics %K at 8.23% indicates the stock is a buying.
How much short interest is there in Heico Corp?
A steep rise in short interest was recorded in Heico Corp stocks on 2025-01-31, growing by 20893.0 shares to a total of 2.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 2.36 million shares. There was a rise of 0.88%, which implies that there is a positive sentiment for the stock.
