ESPEY MFG & ELECTRONICS (NYSE:ESP) CEO Sells $46,780.00 in Stock

ESPEY MFG & ELECTRONICS CORP (NYSE:ESP) CEO David Oneil sold 1,000 shares of the stock in a transaction on Friday, December 26th. The stock was 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 of the company’s stock, valued at $862,202.18. This represents a 5.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

ESPEY MFG & ELECTRONICS Stock Performance

Shares of NYSE:ESP traded up $0.76 on Monday, hitting $46.11. The stock had a trading volume of 13,129 shares, compared to its average volume of 22,296. The firm’s 50 day moving average price is $40.14 and its 200-day moving average price is $43.18. ESPEY MFG & ELECTRONICS CORP has a twelve month low of $24.85 and a twelve month high of $55.00. The company has a market capitalization of $135.33 million, a price-to-earnings ratio of 14.64 and a beta of 0.18.

Institutional Trading of ESPEY MFG & ELECTRONICS

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

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.