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

ESPEY MFG & ELECTRONICS CORP (NYSE:ESP) CEO David Oneil sold 1,000 shares of ESPEY MFG & ELECTRONICS stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $43.50, for a total value of $43,500.00. Following the completion of the transaction, the chief executive officer owned 20,431 shares in the company, valued at approximately $888,748.50. This represents a 4.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

ESPEY MFG & ELECTRONICS Price Performance

Shares of ESP stock opened at $42.99 on Friday. The business has a 50-day moving average of $39.27 and a 200 day moving average of $42.94. ESPEY MFG & ELECTRONICS CORP has a 1-year low of $24.85 and a 1-year high of $55.00. The stock has a market capitalization of $126.18 million, a PE ratio of 13.65 and a beta of 0.18.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Bank of America Corp DE boosted its position in ESPEY MFG & ELECTRONICS by 356.3% during the 2nd quarter. Bank of America Corp DE now owns 1,232 shares of the company’s stock valued at $56,000 after buying an additional 962 shares during the period. BNP Paribas Financial Markets purchased a new stake in shares of ESPEY MFG & ELECTRONICS during the third quarter worth about $67,000. Copeland Capital Management LLC boosted its holdings in shares of ESPEY MFG & ELECTRONICS by 16.3% during 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 during the period. JPMorgan Chase & Co. grew its stake in shares of ESPEY MFG & ELECTRONICS by 56,588.9% in 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 purchased a new position in ESPEY MFG & ELECTRONICS during the 2nd quarter valued at about $211,000. 36.65% of the stock is owned by hedge funds and other institutional investors.

ESPEY MFG & ELECTRONICS Company Profile

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.