Key Points
- CEO David Oneil sold 1,000 shares on December 18 at $43.50 each for $43,500, reducing his stake by 4.67% to 20,431 shares valued at $888,748.50, as disclosed in an SEC filing.
- ESPEY MFG & ELECTRONICS (NYSE:ESP) opened at $42.99 and was reported down 2.5%, with a 12‑month range of $24.85–$55.00, a market cap of $126.18 million and a P/E of 13.65.
- Institutional activity increased recently—new stakes were reported from Two Sigma, SummerHaven, Marshall Wace and others—and institutions now own 36.65% of the stock.
ESPEY MFG & ELECTRONICS CORP (NYSE:ESP - Get Free Report) CEO David Oneil sold 1,000 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $43.50, for a total value of $43,500.00. Following the transaction, the chief executive officer directly owned 20,431 shares of the company's stock, valued at $888,748.50. This trade represents a 4.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
ESPEY MFG & ELECTRONICS Stock Down 2.5%
NYSE:ESP opened at $42.99 on Friday. ESPEY MFG & ELECTRONICS CORP has a twelve month low of $24.85 and a twelve month high of $55.00. The firm has a market capitalization of $126.18 million, a price-to-earnings ratio of 13.65 and a beta of 0.18. The stock's 50 day moving average price is $39.27 and its two-hundred day moving average price is $42.91.
Institutional Trading of ESPEY MFG & ELECTRONICS
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Two Sigma Investments LP acquired a new stake in ESPEY MFG & ELECTRONICS in the third quarter valued at $1,047,000. SummerHaven Investment Management LLC acquired a new position in shares of ESPEY MFG & ELECTRONICS during the 3rd quarter worth about $711,000. Marshall Wace LLP bought a new stake in shares of ESPEY MFG & ELECTRONICS in the 2nd quarter valued at about $591,000. Ritholtz Wealth Management bought a new stake in shares of ESPEY MFG & ELECTRONICS in the 3rd quarter valued at about $356,000. Finally, Naples Global Advisors LLC lifted its stake in ESPEY MFG & ELECTRONICS by 116.9% in the 3rd 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 during the last quarter. 36.65% of the stock is owned by institutional investors.
ESPEY MFG & ELECTRONICS Company Profile
(
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.
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