ESPEY MFG & ELECTRONICS CORP (NYSE:ESP) CEO David A. Oneil Sells 4,042 Shares

ESPEY MFG & ELECTRONICS CORP (NYSE:ESP - Get Free Report) CEO David A. Oneil sold 4,042 shares of ESPEY MFG & ELECTRONICS stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $40.00, for a total transaction of $161,680.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

David A. Oneil also recently made the following trade(s):

• On Monday, June 23rd, David A. Oneil sold 1,958 shares of ESPEY MFG & ELECTRONICS stock. The stock was sold at an average price of $40.04, for a total value of $78,398.32.
• On Tuesday, June 3rd, David A. Oneil sold 1,023 shares of ESPEY MFG & ELECTRONICS stock. The stock was sold at an average price of $38.00, for a total transaction of $38,874.00.

ESPEY MFG & ELECTRONICS Stock Performance

Shares of ESP stock traded up $3.42 during trading hours on Thursday, hitting $45.72. 78,218 shares of the company's stock traded hands, compared to its average volume of 19,404. ESPEY MFG & ELECTRONICS CORP has a 12 month low of $20.50 and a 12 month high of $45.91. The company has a market capitalization of $129.43 million, a P/E ratio of 17.06 and a beta of 0.06.

ESPEY MFG & ELECTRONICS Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 23rd. Stockholders of record on Monday, June 16th were given a $0.25 dividend. The ex-dividend date was Monday, June 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.19%. ESPEY MFG & ELECTRONICS's dividend payout ratio (DPR) is currently 37.31%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of ESPEY MFG & ELECTRONICS from a "buy" rating to a "strong-buy" rating in a report on Wednesday, May 21st.

ESPEY MFG & ELECTRONICS Company Profile

Espey Mfg. & Electronics Corp., a power electronics design and original equipment manufacturing company, designs, manufactures, and tests electronic equipment primarily for use in military and industrial applications in the United States and internationally. The company's principal products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, antennas, and high-power radar systems for use in AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power applications.