HEICO Corp Director Nandakumar Cheruvatath Purchases $175K in Class A Common Stock
HEICO CORP
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Filing Summary
=== HEICO CORP (HEI / HEI.A) Insider Transaction ===
Insider: Cheruvatath Nandakumar (Director)
Action: Open Market Purchase (Code: P)
Security: Class A Common Stock
Shares: 795 @ $220.3043
Total Value: $175,141.92
Post-Owned: 4,877 Direct Shares
Date: 2026-10-08 (Filed: 2026-10-13)
Significance: Medium (Open Market Purchase)
Comprehensive Analysis
Insider Trading Summary: HEICO CORP (HEI / HEI.A)
Transaction Overview
On October 8, 2026, Director Cheruvatath Nandakumar executed an open-market purchase of 795 shares of HEICO Corp Class A Common Stock at an average price of $220.3043 per share, representing a total capital deployment of $175,141.92.
Holdings Breakdown
- Direct Ownership (Class A Common Stock): Increased from 4,082 to 4,877 shares (~19.5% increase in direct Class A holdings).
- Indirect Ownership (Class A Common Stock):
- 20 shares held via IRA.
- 44 shares held via a Revocable Living Trust.
- Direct Ownership (Common Stock): 276 shares.
Significance Analysis
Open-market insider purchases by board members provide a positive signal regarding the company's valuation and outlook. While the dollar amount ($175K) is moderate relative to HEICO's overall market capitalization, it represents a meaningful expansion of the director's personal direct stake in the company.
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Important Disclaimer
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