Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Heico Corp shares valued at $190,368 were purchased by SCHRIESHEIM ALAN on Oct 18 ’24. At $262.94 per share, SCHRIESHEIM ALAN acquired 724 shares. The insider’s holdings grew to 174,878 shares worth approximately $39.44 million following the completion of this transaction.
Also, MENDELSON VICTOR H purchased 726 shares, netting a total of over 190,894 in proceeds. Following the buying of shares at $262.94 each, the insider now holds 1,234,950 shares.
Before that, MENDELSON ERIC A had added 726 shares to its account. In a trade valued at $190,894, the Co-President bought Heico Corp shares for $262.94 each. Upon closing the transaction, the insider’s holdings increased to 726 shares, worth approximately $1.42 million.
As published in their initiating research note from KeyBanc Capital Markets on January 16, 2025, Heico Corp [HEI] has been a Sector weight. Analysts at UBS started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid October. As of August 19, 2024, Barclays has initiated its “an Equal weight” rating for HEI. Earlier on June 04, 2024, Morgan Stanley upgraded its rating. Their new recommendation was “an Equal-weight” for HEI stock which previously was a “an Underweight”.
Analyzing HEI Stock Performance
During the last five days, there has been a drop of approximately -0.77%. Over the course of the year, Heico Corp shares have dropped approximately -5.13%. Shares of the company reached a 52-week high of $243.85 on 01/23/25 and a 52-week low of $216.68 on 02/19/25. A 50-day SMA is recorded $237.65, while a 200-day SMA reached $241.47. Nevertheless, trading volume fell to 0.6 million shares from 0.69 million shares the previous day.
Support And Resistance Levels for Heico Corp (HEI)
According to the 24-hour chart, there is a support level at 222.39, which, if violated, would cause prices to drop to 219.23. In the upper region, resistance lies at 227.35. The next price resistance is at 229.15. RSI (Relative Strength Index) is 40.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.77, which suggests the price will decrease in the coming days. Percent R is at 66.26%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
