10 Stocks With The Most Insider Purchases In The Last Quarter

8. HEICO Corporation (NYSE:HEI)

Number of insider purchases in the last quarter: 10

Market capitalization: $31.10 billion

HEICO Corporation designs and manufactures aerospace, defense, and electronic products both domestically and internationally. The Hollywood, Florida-based company operates through two segments: Flight Support Group (FSG) and Electronic Technologies Group (ETG).

The FSG segment provides jet engine parts, insulation systems, and components, along with repair services for aircraft and avionics. The ETG segment offers a wide range of products, including electro-optical equipment, power electronics, RF filters, and various electronic components.

In February, the company’s Flight Support Group acquired 90% of the stock of Millennium International, LLC. Transaction terms and financial details were not disclosed.

For the first quarter of fiscal 2025, HEICO disclosed an increase in net income of 46% to a record $168.0 million, or $1.20 per diluted share, up from $114.7 million, or $0.82 per diluted share, in the first quarter of fiscal 2024. Net sales increased 15% to a record $1.03 billion, up from $896.4 million in the same quarter of fiscal 2024. Operating income also increased 26% to a record $226.8 million, up from $180.2 million in the comparable period of the prior year. Continued commercial aerospace product sales increases have resulted in eighteen consecutive quarters of sequential growth in Flight Support Group net sales.

Strong earnings for the first quarter of fiscal 2025 have caused the stock to jump 16.3% on February 27.

On October 18, 10 insiders, among which is the company’s CEO, acquired a total of around $1.91 million worth of HEICO shares at a price of $262.94 per share. Having gained 7.17% year-to-date, the stock is now trading at $254.79 per share. Over the past 12 months, it returned 39.01% to its investors.

According to MarketBeat, 11 analysts have given an average “Moderate Buy” rating to HEICO stock. The average price target is $271.40, representing a 6.75% upside from the latest price.