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 $41.35 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 $1.49 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 Monday, Heico Corp [NYSE:HEI] saw its stock fall -2.18% to $236.44. Over the last five days, the stock has lost -11.51%. Heico Corp shares have fallen nearly -0.55% since the year began. Nevertheless, the stocks have risen 25.83% over the past one year. While a 52-week high of $283.60 was reached on 04/02/25, a 52-week low of $185.03 was recorded on 02/19/25. SMA at 50 days reached $247.83, while 200 days put it at $247.68.
Levels Of Support And Resistance For HEI Stock
The 24-hour chart illustrates a support level at 228.01, which if violated will result in even more drops to 219.59. On the upside, there is a resistance level at 245.92. A further resistance level may holdings at 255.40. The Relative Strength Index (RSI) on the 14-day chart is 32.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -16.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.21%. Stochastics %K at 12.82% 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 2025-03-14, dropping by 72873.0 shares to a total of 2.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.32 million shares. There was a decline of -3.25%, which implies that there is a negative sentiment for the stock.
