Allan A. Muto Sells 20,485 Shares of ESSA Bancorp, Inc. (ESSA) Stock

ESSA Bancorp, Inc. (NASDAQ:ESSA) CFO Allan A. Muto sold 20,485 shares of the company’s stock in a transaction dated Thursday, May 10th. The shares were sold at an average price of $14.77, for a total transaction of $302,563.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Allan A. Muto also recently made the following trade(s):

  • On Thursday, March 8th, Allan A. Muto sold 11,944 shares of ESSA Bancorp stock. The shares were sold at an average price of $14.40, for a total transaction of $171,993.60.

ESSA Bancorp opened at $14.66 on Thursday, MarketBeat reports. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.90 and a quick ratio of 0.90. The stock has a market capitalization of $173.20 million, a price-to-earnings ratio of 42.06 and a beta of 0.36. ESSA Bancorp, Inc. has a 1-year low of $14.65 and a 1-year high of $14.68.

Separately, TheStreet cut shares of ESSA Bancorp from a “b” rating to a “c+” rating in a research report on Friday, January 26th.

A number of large investors have recently bought and sold shares of the business. Wells Fargo & Company MN boosted its position in ESSA Bancorp by 77.7% in the 3rd quarter. Wells Fargo & Company MN now owns 9,224 shares of the financial services provider’s stock valued at $145,000 after buying an additional 4,034 shares during the last quarter. Deutsche Bank AG boosted its position in ESSA Bancorp by 13.3% in the 4th quarter. Deutsche Bank AG now owns 35,463 shares of the financial services provider’s stock valued at $553,000 after buying an additional 4,161 shares during the last quarter. Bank of New York Mellon Corp boosted its position in ESSA Bancorp by 12.9% in the 4th quarter. Bank of New York Mellon Corp now owns 62,888 shares of the financial services provider’s stock valued at $986,000 after buying an additional 7,206 shares during the last quarter. Gendell Jeffrey L boosted its position in ESSA Bancorp by 5.1% in the 1st quarter. Gendell Jeffrey L now owns 289,612 shares of the financial services provider’s stock valued at $4,248,000 after buying an additional 14,165 shares during the last quarter. Finally, Quadrant Private Wealth Management LLC purchased a new position in ESSA Bancorp in the 4th quarter valued at about $325,000. 40.16% of the stock is owned by institutional investors.

ESSA Bancorp Company Profile

ESSA Bancorp, Inc operates as the holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. Its deposit products include savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts for businesses.

Insider Buying and Selling by Quarter for ESSA Bancorp (NASDAQ:ESSA)

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