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

ESPEY MFG & ELECTRONICS CORP (NYSE:ESPGet Free Report) CEO David Oneil sold 1,000 shares of ESPEY MFG & ELECTRONICS stock in a transaction on Friday, December 26th. The shares were sold at an average price of $46.78, for a total value of $46,780.00. Following the transaction, the chief executive officer owned 18,431 shares in the company, valued at $862,202.18. This trade represents a 5.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

ESPEY MFG & ELECTRONICS Stock Up 1.8%

Shares of ESP opened at $46.95 on Wednesday. The business has a 50-day simple moving average of $40.51 and a two-hundred day simple moving average of $43.27. The stock has a market cap of $137.80 million, a price-to-earnings ratio of 14.90 and a beta of 0.18. ESPEY MFG & ELECTRONICS CORP has a 52 week low of $24.85 and a 52 week high of $55.00.

Institutional Investors Weigh In On ESPEY MFG & ELECTRONICS

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ESP. Wealth Enhancement Advisory Services LLC bought a new stake in shares of ESPEY MFG & ELECTRONICS during the 2nd quarter valued at $219,000. Heron Bay Capital Management purchased a new stake in ESPEY MFG & ELECTRONICS in the 2nd quarter worth $274,000. Morgan Dempsey Capital Management LLC increased its stake in ESPEY MFG & ELECTRONICS by 41.8% in the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 8,945 shares of the company’s stock worth $409,000 after buying an additional 2,638 shares in the last quarter. Naples Global Advisors LLC bought a new stake in ESPEY MFG & ELECTRONICS during the second quarter valued at about $285,000. Finally, Copeland Capital Management LLC lifted its position in shares of ESPEY MFG & ELECTRONICS by 16.3% in the second quarter. Copeland Capital Management LLC now owns 2,380 shares of the company’s stock valued at $109,000 after acquiring an additional 334 shares in the last quarter. Institutional investors own 36.65% of the company’s stock.

About ESPEY MFG & ELECTRONICS

(Get Free Report)

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.

Read More

Insider Buying and Selling by Quarter for ESPEY MFG & ELECTRONICS (NYSE:ESP)

Receive News & Ratings for ESPEY MFG & ELECTRONICS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ESPEY MFG & ELECTRONICS and related companies with MarketBeat.com's FREE daily email newsletter.