HEICO Corporation: Insider purchases during consolidation below all-time high total 1.3 million USD

The HEICO Corporation (HEI) is a globally operating aerospace and defense company. On August 25, the company was able to release a strong report for the 3rd quarter. Net income increased by 30% year-over-year to a remarkable $177.3 million, corresponding to a diluted earnings per share (EPS) of $1.26. This significantly surpassed the average analyst expectations of $1.13 per share. Net sales also showed robustness, rising by 16% to $1.15 billion, which was also above consensus estimates. The operating income improved by 22% to $265.0 million. Additionally,...