Insider Selling: ESPEY MFG & ELECTRONICS (NYSE:ESP) CEO Sells 1,000 Shares of Stock

ESPEY MFG & ELECTRONICS CORP (NYSE:ESP) CEO David Oneil sold 1,000 shares of the company’s stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $45.76, for a total value of $45,760.00. Following the sale, the chief executive officer owned 17,431 shares in the company, valued at approximately $797,642.56. The trade was a 5.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

ESPEY MFG & ELECTRONICS Trading Up 1.7%

NYSE ESP traded up $0.76 during trading hours on Monday, hitting $46.11. 13,129 shares of the company’s stock were exchanged, compared to its average volume of 22,296. The firm has a market cap of $135.33 million, a price-to-earnings ratio of 14.64 and a beta of 0.18. The stock has a 50-day simple moving average of $40.14 and a 200 day simple moving average of $43.18. ESPEY MFG & ELECTRONICS CORP has a 1-year low of $24.85 and a 1-year high of $55.00.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ESP. Wealth Enhancement Advisory Services LLC bought a new position in ESPEY MFG & ELECTRONICS during the second quarter worth $219,000. Heron Bay Capital Management acquired a new position in shares of ESPEY MFG & ELECTRONICS during the second quarter valued at about $274,000. Morgan Dempsey Capital Management LLC boosted its position in shares of ESPEY MFG & ELECTRONICS by 41.8% during the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 8,945 shares of the company’s stock worth $409,000 after purchasing an additional 2,638 shares in the last quarter. Naples Global Advisors LLC acquired a new stake in shares of ESPEY MFG & ELECTRONICS in the 2nd quarter valued at about $285,000. Finally, Copeland Capital Management LLC grew its stake in shares of ESPEY MFG & ELECTRONICS by 16.3% in the 2nd quarter. Copeland Capital Management LLC now owns 2,380 shares of the company’s stock valued at $109,000 after buying an additional 334 shares during the period. Institutional investors and hedge funds own 36.65% of the company’s stock.

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.