ESPEY MFG & ELECTRONICS (NYSE:ESP) CEO David Oneil Sells 1,000 Shares of Stock

ESPEY MFG & ELECTRONICS CORP (NYSE:ESP) CEO David Oneil sold 1,000 shares of the business’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $43.50, for a total transaction of $43,500.00. Following the completion of the sale, the chief executive officer directly owned 20,431 shares in the company, valued at $888,748.50. This represents a 4.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

ESPEY MFG & ELECTRONICS Trading Down 2.5%

Shares of NYSE ESP opened at $42.99 on Friday. The company has a fifty day moving average price of $39.27 and a 200 day moving average price of $42.91. The firm has a market cap of $126.18 million, a PE ratio of 13.65 and a beta of 0.18. ESPEY MFG & ELECTRONICS CORP has a 1-year low of $24.85 and a 1-year high of $55.00.

Institutional Investors Weigh In On ESPEY MFG & ELECTRONICS

A number of hedge funds and other institutional investors have recently bought and sold shares of ESP. Two Sigma Investments LP acquired a new position in ESPEY MFG & ELECTRONICS during the 3rd quarter worth approximately $1,047,000. SummerHaven Investment Management LLC bought a new stake in shares of ESPEY MFG & ELECTRONICS in the third quarter worth $711,000. Marshall Wace LLP bought a new stake in shares of ESPEY MFG & ELECTRONICS in the second quarter worth $591,000. Ritholtz Wealth Management acquired a new position in ESPEY MFG & ELECTRONICS during the third quarter worth $356,000. Finally, Naples Global Advisors LLC grew its position in ESPEY MFG & ELECTRONICS by 116.9% in the third quarter. Naples Global Advisors LLC now owns 13,509 shares of the company’s stock valued at $535,000 after purchasing an additional 7,282 shares in the last quarter. Institutional investors and hedge funds own 36.65% of the company’s stock.

About ESPEY MFG & ELECTRONICS

Espey Manufacturing & Electronics Corporation (NYSE: ESP) specializes in the design and production of precision wound components and power conversion solutions for demanding applications. The company’s core offerings include custom transformers, inductors, chokes and electromagnetic assemblies engineered to meet rigorous performance standards in defense, industrial, medical and renewable energy markets. By integrating advanced design tools with in-house manufacturing capabilities, Espey delivers tailored passive magnetic components that address electromagnetic compatibility, thermal management and size-weight constraints.

In addition to its wound component expertise, Espey provides a range of electromagnetic interference (EMI) filters, magnetics subassemblies and custom power supplies.