Insider Selling: HEICO Co. (NYSE:HEI-A) Director Sells $4,996,680.00 in Stock

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

HEICO Stock Up 1.7 %

Shares of NYSE HEI-A opened at $156.25 on Thursday. The business’s 50-day simple moving average is $150.60 and its 200-day simple moving average is $140.40.

HEICO Company Profile

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.