Insider Transaction: Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP)’s Treasurer David Oneil Sold 1,315 shares

November 28, 2016 - By Hazel Jackson

Insider Transaction: Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP)'s Treasurer David Oneil Sold 1,315 shares

David Oneil Insider Sell

It was disclosed in a legal report which was filled with the Security and Exchange Commission that David Oneil, who works for Espey Mfg & Electronics Corp, and is the Treasurer completed an insider trade on 23/11/2016. David unloaded 1,315 shares of the firm which is based on a market stock price of $26.4 U.S. Dollars per every share. According to the form available for free here, the total amount of the trade was $34,749 U.S. Dollars. This sell decreased his ownership of Espey Mfg & Electronics Corp to 0.96% market cap or 22,327 shares.

Insitutional Activity: The institutional sentiment increased to 0.83 in 2016 Q2. Its up 0.16, from 0.67 in 2016Q1. The ratio increased, as 1 funds sold all Espey Manufacturing & Electronics Corp. shares owned while 8 reduced positions. 1 funds bought stakes while 5 increased positions. They now own 588,783 shares or 2.31% less from 602,713 shares in 2016Q1.

Northern Corp accumulated 0% or 18,809 shares. The New York-based Tower Rech Capital Ltd Liability Co (Trc) has invested 0% in Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP). Dimensional Fund Advsr L P has 0% invested in the company for 108,351 shares. California Pub Employees Retirement holds 0% of its portfolio in Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP) for 17,039 shares. Moreover, Morgan Stanley has 0% invested in Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP) for 4,286 shares. Us Bank & Trust De owns 18,579 shares or 0% of their US portfolio. Manufacturers Life Insurance The accumulated 200 shares or 0% of the stock. The California-based Wells Fargo & Mn has invested 0% in Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP). Moreover, Bridgeway Cap Mngmt Inc has 0% invested in Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP) for 10,700 shares. Blackrock Fund owns 555 shares or 0% of their US portfolio. Morgan Dempsey Capital Management Lc owns 65,531 shares or 0.58% of their US portfolio. Natl Bank Of America De holds 0% of its portfolio in Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP) for 4 shares. Renaissance Techs Limited Liability last reported 111,400 shares in the company. Moreover, Royal Financial Bank Of Canada has 0% invested in Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP) for 20,100 shares. Moreover, Blackrock Invest Mngmt Ltd Llc has 0% invested in Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP) for 301 shares.

About 424 shares traded hands. Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP) has risen 5.56% since April 25, 2016 and is uptrending. It has underperformed by 0.45% the S&P500.

Espey Mfg. & Electronics Corp. is a power electronics design and original equipment manufacturing (OEM) company. The company has a market cap of $60.92 million. The Firm is engaged in developing and delivering products for use in military and environment applications. It has a 22.14 P/E ratio. The Firm provides power energy conversion and transformer solutions.

According to Zacks Investment Research, “ESPEY MFG. & ELECTRONICS is engaged principally in the development, design, production and sales of specialized electronic power conditioning apparatus (electronic power supplies), a wide variety of transformers and other types of iron-core components, and electronic systems. In some cases, the Company manufactures such products in accordance with pre-developed mechanical and electrical requirements not requiring environmental testing. The Company does not generally manufacture standardized components.”

Analysts await Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP) to report earnings on February, 9.

More important recent Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP) news were published by: Seekingalpha.com which released: “This Obscure Stock Has Huge Potential” on September 13, 2016, also Marketwired.com published article titled: “Espey Mfg. & Electronics Corp. Appoints New President and CEO”, Bizjournals.com published: “Mark St. Pierre resigns as CEO of Espey in Saratoga Springs” on June 03, 2014. More interesting news about Espey Manufacturing & Electronics Corp. (NYSEMKT:ESP) was released by: Nasdaq.com and their article: “Billionaires Hold Three Undervalued, Predictable Stocks with Yield” with publication date: September 16, 2013.

ESP Company Profile

Espey Mfg. & Electronics Corp. (Espey), incorporated on July 9, 1928, is a power electronics design and original equipment manufacturing (OEM) company. The Firm is engaged in developing and delivering products for use in military and environment applications. The Firm provides power energy conversion and transformer solutions. The Firm designs, makes and tests in its facility, which is located at 233 Ballston Ave, Saratoga Springs, New York. The Firm operates across the United States and at various international locations.

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