ESPEY MFG & ELECTRONICS (NYSE:ESP) Director Sells $57,900.00 in Stock

ESPEY MFG & ELECTRONICS CORP (NYSE:ESP) Director Michael Wool sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $57.90, for a total value of $57,900.00. Following the completion of the sale, the director owned 17,400 shares in the company, valued at $1,007,460. The trade was a 5.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

ESPEY MFG & ELECTRONICS Stock Performance

ESPEY MFG & ELECTRONICS stock opened at $58.50 on Thursday. The firm has a 50 day moving average price of $51.80 and a two-hundred day moving average price of $45.29. ESPEY MFG & ELECTRONICS CORP has a 52-week low of $24.85 and a 52-week high of $62.15. The firm has a market cap of $173.10 million, a price-to-earnings ratio of 17.06 and a beta of 0.16.

Institutional Trading of ESPEY MFG & ELECTRONICS

Institutional investors have recently made changes to their positions in the company. First Trust Advisors LP raised its holdings in shares of ESPEY MFG & ELECTRONICS by 6.3% in the fourth quarter. First Trust Advisors LP now owns 6,866 shares of the company’s stock valued at $324,000 after purchasing an additional 404 shares during the last quarter. XTX Topco Ltd grew its position in ESPEY MFG & ELECTRONICS by 12.7% in the 4th quarter. XTX Topco Ltd now owns 5,871 shares of the company’s stock worth $277,000 after purchasing an additional 660 shares in the last quarter. Geode Capital Management LLC increased its stake in ESPEY MFG & ELECTRONICS by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 24,692 shares of the company’s stock valued at $1,165,000 after buying an additional 745 shares during the last quarter. Hillsdale Investment Management Inc. lifted its position in shares of ESPEY MFG & ELECTRONICS by 11.0% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 8,100 shares of the company’s stock worth $321,000 after buying an additional 800 shares in the last quarter. Finally, Man Group plc boosted its stake in shares of ESPEY MFG & ELECTRONICS by 14.4% in the 4th quarter. Man Group plc now owns 6,538 shares of the company’s stock worth $308,000 after buying an additional 824 shares during the last quarter. Institutional investors own 36.65% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Freedom Capital upgraded shares of ESPEY MFG & ELECTRONICS to a “strong-buy” rating in a research note on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Strong Buy”.

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.