Heico Corp’s recently made public 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 $45.73 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 $1.65 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 jump 0.01% to $261.50. Over the last five days, the stock has gained 2.14%. Heico Corp shares have risen nearly 9.99% since the year began. Nevertheless, the stocks have risen 37.17% over the past one year. While a 52-week high of $283.60 was reached on 03/04/25, a 52-week low of $185.03 was recorded on 02/19/25. SMA at 50 days reached $241.40, while 200 days put it at $245.68.
Levels Of Support And Resistance For HEI Stock
The 24-hour chart illustrates a support level at 259.82, which if violated will result in even more drops to 258.13. On the upside, there is a resistance level at 262.77. A further resistance level may holdings at 264.03. The Relative Strength Index (RSI) on the 14-day chart is 61.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.63, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 40.53%. Stochastics %K at 63.95% indicates the stock is a holding.
How much short interest is there in Heico Corp?
A steep rise in short interest was recorded in Heico Corp stocks on 2025-02-28, dropping by -0.27 million shares to a total of 2.11 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.38 million shares. There was a decline of -12.73%, which implies that there is a negative sentiment for the stock.