ESSA Bancorp, Inc. (NASDAQ:ESSA) insider Gary S. Olson sold 8,000 shares of the business’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $14.81, for a total transaction of $118,480.00. The sale was disclosed in a document filed with the SEC, which is available through this link.

ESSA Bancorp, Inc. (ESSA) traded up 0.74% during trading on Tuesday, hitting $14.97. 2,779 shares of the stock were exchanged. ESSA Bancorp, Inc. has a 12-month low of $12.93 and a 12-month high of $16.91. The stock has a 50 day moving average price of $14.82 and a 200-day moving average price of $15.01. The firm has a market capitalization of $159.85 million, a PE ratio of 23.39 and a beta of 0.26.

ESSA Bancorp (NASDAQ:ESSA) last issued its earnings results on Wednesday, July 26th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $13.28 million for the quarter. ESSA Bancorp had a net margin of 10.35% and a return on equity of 3.97%. On average, equities research analysts anticipate that ESSA Bancorp, Inc. will post $0.70 earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company raised its position in ESSA Bancorp by 51.5% in the second quarter. The Manufacturers Life Insurance Company now owns 10,901 shares of the financial services provider’s stock worth $160,000 after buying an additional 3,704 shares during the period. State Street Corp raised its position in ESSA Bancorp by 4.3% in the second quarter. State Street Corp now owns 125,466 shares of the financial services provider’s stock worth $1,846,000 after buying an additional 5,201 shares during the period. Harbor Advisors LLC acquired a new position in ESSA Bancorp during the second quarter worth $147,000. Dimensional Fund Advisors LP raised its position in ESSA Bancorp by 0.8% in the second quarter. Dimensional Fund Advisors LP now owns 555,529 shares of the financial services provider’s stock worth $8,177,000 after buying an additional 4,254 shares during the period. Finally, Vanguard Group Inc. raised its position in ESSA Bancorp by 0.5% in the second quarter. Vanguard Group Inc. now owns 470,521 shares of the financial services provider’s stock worth $6,926,000 after buying an additional 2,279 shares during the period. 39.97% of the stock is currently owned by hedge funds and other institutional investors.

Separately, TheStreet downgraded shares of ESSA Bancorp from a “b” rating to a “c+” rating in a research note on Wednesday, May 17th.

About ESSA Bancorp

ESSA Bancorp, Inc is a holding company for ESSA Bank & Trust (the Bank). The Bank is a community-oriented savings bank. The Bank provides financial services to individuals, families and businesses through its banking offices, located in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Chester, Delaware and Montgomery Counties, Pennsylvania.

Insider Buying and Selling by Quarter for ESSA Bancorp (NASDAQ:ESSA)

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