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

ESPEY MFG & ELECTRONICS CORP (NYSE:ESP) CEO David Oneil sold 1,000 shares of the stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $46.78, for a total transaction of $46,780.00. Following the completion of the sale, the chief executive officer owned 18,431 shares of the company’s stock, valued at approximately $862,202.18. The trade was a 5.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

ESPEY MFG & ELECTRONICS Trading Up 1.7%

ESP traded up $0.76 on Monday, hitting $46.11. 13,129 shares of the stock traded hands, compared to its average volume of 22,296. The business has a fifty day moving average price of $40.14 and a two-hundred day moving average price of $43.18. The firm has a market capitalization of $135.33 million, a PE ratio of 14.64 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.

Hedge Funds Weigh In On ESPEY MFG & ELECTRONICS

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE increased its stake in ESPEY MFG & ELECTRONICS by 356.3% in the second quarter. Bank of America Corp DE now owns 1,232 shares of the company’s stock valued at $56,000 after acquiring an additional 962 shares during the period. BNP Paribas Financial Markets bought a new position in ESPEY MFG & ELECTRONICS during the third quarter worth about $67,000. Copeland Capital Management LLC boosted its holdings in ESPEY MFG & ELECTRONICS by 16.3% during the second quarter. Copeland Capital Management LLC now owns 2,380 shares of the company’s stock valued at $109,000 after purchasing an additional 334 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of ESPEY MFG & ELECTRONICS by 56,588.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,102 shares of the company’s stock valued at $202,000 after purchasing an additional 5,093 shares during the period. Finally, Bridgeway Capital Management LLC acquired a new position in shares of ESPEY MFG & ELECTRONICS in the 2nd quarter worth approximately $211,000. 36.65% of the stock is owned by institutional investors.

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.