Espey Manufacturing & Electronics Corp. (NYSE:ESP) Director Purchases $130,320.00 in Stock

Espey Manufacturing & Electronics Corp. (NYSE:ESP) Director Paul J. Corr acquired 6,000 shares of the company’s stock in a transaction on Tuesday, October 17th. The stock was purchased at an average cost of $21.72 per share, for a total transaction of $130,320.00. Following the completion of the transaction, the director now owns 13,407 shares in the company, valued at approximately $291,200.04. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Espey Manufacturing & Electronics Corp. (ESP) opened at 22.65 on Friday. The company has a 50 day moving average of $22.19 and a 200-day moving average of $22.76. Espey Manufacturing & Electronics Corp. has a 52-week low of $21.07 and a 52-week high of $27.50. The stock has a market capitalization of $52.68 million and a P/E ratio of 46.22.

Espey Manufacturing & Electronics Corp. (NYSE:ESP) last released its earnings results on Thursday, September 14th. The company reported $0.08 EPS for the quarter. The firm had revenue of $5.46 million for the quarter. Espey Manufacturing & Electronics Corp. had a return on equity of 2.41% and a net margin of 3.51%. Equities research analysts anticipate that Espey Manufacturing & Electronics Corp. will post ($0.16) EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Monday, September 25th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 4.42%. The ex-dividend date of this dividend was Friday, September 22nd.

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Espey Manufacturing & Electronics Corp. Company Profile

Espey Mfg. & Electronics Corp. (Espey) is a power electronics design and original equipment manufacturing (OEM) company. The Company is engaged in developing and delivering products for use in military and environment applications. The Company provides power energy conversion and transformer solutions.

Insider Buying and Selling by Quarter for Espey Manufacturing & Electronics Corp. (NYSE:ESP)

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