ESSA Bancorp, Inc. (NASDAQ:ESSA) insider Gary S. Olson sold 8,000 shares of the firm’s stock in a transaction on Monday, September 11th. 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Gary S. Olson also recently made the following trade(s):

  • On Tuesday, September 5th, Gary S. Olson sold 8,000 shares of ESSA Bancorp stock. The shares were sold at an average price of $14.83, for a total transaction of $118,640.00.
  • On Monday, August 28th, Gary S. Olson sold 8,000 shares of ESSA Bancorp stock. The shares were sold at an average price of $14.81, for a total transaction of $118,480.00.

ESSA Bancorp, Inc. (NASDAQ:ESSA) opened at 14.98 on Thursday. The stock has a market cap of $159.96 million, a P/E ratio of 23.41 and a beta of 0.27. ESSA Bancorp, Inc. has a 52 week low of $12.93 and a 52 week high of $16.91. The stock has a 50 day moving average of $14.80 and a 200-day moving average of $14.89.

ESSA Bancorp (NASDAQ:ESSA) last announced its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $0.16 EPS for the quarter. ESSA Bancorp had a net margin of 10.35% and a return on equity of 3.97%. The firm had revenue of $13.28 million for the quarter. Analysts forecast that ESSA Bancorp, Inc. will post $0.70 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, September 30th. Investors of record on Saturday, September 16th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Thursday, September 14th. ESSA Bancorp’s payout ratio is presently 57.14%.

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A number of institutional investors and hedge funds have recently made changes to their positions in ESSA. Northern Trust Corp grew its position in ESSA Bancorp by 10.9% during the second quarter. Northern Trust Corp now owns 123,063 shares of the financial services provider’s stock valued at $1,811,000 after purchasing an additional 12,094 shares in the last quarter. Harbor Advisors LLC purchased a new position in ESSA Bancorp during the second quarter valued at approximately $147,000. Kennedy Capital Management Inc. grew its position in ESSA Bancorp by 3.2% during the second quarter. Kennedy Capital Management Inc. now owns 247,077 shares of the financial services provider’s stock valued at $3,637,000 after purchasing an additional 7,630 shares in the last quarter. State Street Corp grew its position in ESSA Bancorp by 4.3% during the second quarter. State Street Corp now owns 125,466 shares of the financial services provider’s stock valued at $1,846,000 after purchasing an additional 5,201 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in ESSA Bancorp by 0.8% during the second quarter. Dimensional Fund Advisors LP now owns 555,529 shares of the financial services provider’s stock valued at $8,177,000 after purchasing an additional 4,254 shares in the last quarter. 42.93% 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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