Heico Corporation (HEI) saw its stock plummet by 8.68% to close at $237.24 on December 18, 2024, following the release of its fourth-quarter fiscal 2024 results. The stock opened at $250.44 and reached a high of $252.83 before declining to a low of $232.89, with trading volume surging to 2,046,116 shares, nearly five times the average. The decline was primarily driven by a revenue miss, as the company repor
Heico Corporation's stock is experiencing a decline following the release of its fourth-quarter fiscal 2024 results, which revealed net sales that fell short of analyst expectations. Despite reporting a year-over-year sales increase of 8.3% to $1.01 billion, the figure missed the consensus estimate of $1.04 billion by 2.5%. The shortfall in sales was primarily attributed to lower-than-expected performance i
Heico's shares experienced a notable decline following the release of its fourth-quarter earnings report, which revealed disappointing sales figures. The aerospace and electronics company reported Q4 sales of $1.0137 billion, falling short of analysts' expectations. This deceleration in top-line growth has raised concerns among investors about the company's ability to maintain its previous momentum. The ear
Heico Corporation (HEI) has been a topic of discussion on Reddit forums, with users debating its valuation and growth potential. One user noted that Heico received the "Buffett stamp of approval," highlighting its reputation as a highly valued industrials name. Another user expressed skepticism about Heico's high price-to-earnings ratio, questioning its attractiveness compared to other companies like CRS. D
Heico Corporation (HEI) saw its stock price decline by 1.72% on December 2, 2024, closing at $268.68, down from the previous close of $273.37. The stock opened at $273.62 and reached a low of $266.47 during the trading session. The trading volume was 362,173 shares, slightly below the average daily volume of 387,920 shares. The decline in HEI's stock price is primarily attributed to a significant increase i
Heico Corporation (HEI) is experiencing a decline in its stock price today, which can be attributed to a significant increase in short interest. As of November 15th, short interest in HEICO rose by 29.2% to a total of 2,520,000 shares, up from 1,950,000 shares on October 31st. This increase in short interest suggests that investors are betting against the stock, potentially due to concerns about its future
Heico Corporation (HEI) saw its stock decline by 1.61% to close at $271.43 on November 27, 2024, down from the previous close of $275.86. The stock opened at $275.42 and fluctuated between a high of $276.95 and a low of $269.68 throughout the trading day. The trading volume was 379,518, slightly below the average daily volume of 395,923. The decline in Heico's stock price was influenced by broader market tr
Heico Corporation's (HEI) stock is experiencing a decline today, influenced by broader market trends and specific investor actions. The Nasdaq Composite, which includes many technology and aerospace companies like Heico, fell by 0.8% as investors took profits following significant gains in November. This market-wide pullback, driven by profit-taking in high-performing stocks, has contributed to the downward
On November 25, 2024, Heico Corporation (HEI) director Alan Schriesheim filed an SEC Form 4, disclosing a gift of 100 shares of common stock. This transaction leaves Schriesheim with direct ownership of 174,778 shares. The filing follows a series of insider activities, including Schriesheim's purchase of 724 shares at $262.94 each on October 18, 2024, valued at $190,368. Heico's stock closed at $276.37 on N
Heico Corporation (HEI) shares rose 1.31% to $280.00 in after-hours trading, following a close at $276.37 on November 25, 2024. The uptick in the stock price comes after a Form 4 filing revealed that Alan Schriesheim, a director at Heico, acquired 100 shares of common stock on the same day. This insider purchase may have bolstered investor confidence, contributing to the positive movement in the stock price
Heico Corporation (HEI) shares are up 1.06% to $280.30 as of 1:10 pm on Friday, compared to its previous close of $277.35 on November 21st. The stock's upward movement today appears to be influenced by Berkshire Hathaway's strategic investment in the company, which has been a significant driver of Heico's stock performance. Since Berkshire's entry into Heico in the second quarter, the aerospace company's st