Espey Manufacturing & Electronics Corp. (NYSEAMERICAN:ESP) issued its quarterly earnings results on Tuesday. The company reported $0.19 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Espey Manufacturing & Electronics Corp. had a net margin of 3.51% and a return on equity of 2.41%.
Shares of Espey Manufacturing & Electronics Corp. (ESP) traded up $0.19 during mid-day trading on Wednesday, reaching $22.79. 500 shares of the company’s stock were exchanged, compared to its average volume of 4,196. Espey Manufacturing & Electronics Corp. has a fifty-two week low of $21.07 and a fifty-two week high of $27.50.
In related news, Director Alvin O. Sabo purchased 2,459 shares of the firm’s stock in a transaction dated Monday, October 16th. The shares were purchased at an average cost of $21.73 per share, for a total transaction of $53,434.07. Following the completion of the transaction, the director now directly owns 13,407 shares in the company, valued at approximately $291,334.11. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Paul J. Corr purchased 6,000 shares of the firm’s stock in a transaction dated Tuesday, October 17th. The shares were bought at an average price 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 of the company’s stock, valued at $291,200.04. The disclosure for this purchase can be found here. In the last quarter, insiders bought 9,063 shares of company stock valued at $196,740.
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.
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