Espey MFG & Electronics Corp (NYSEMKT:ESP) Sentiment Drops in Q2 2018

September 16, 2018 - By Elizabeth Bryant

Sentiment for Espey MFG & Electronics Corp (NYSEMKT:ESP)

Espey MFG & Electronics Corp (NYSEMKT:ESP) institutional sentiment decreased to 0.5 in Q2 2018. Its down -0.50, from 1 in 2018Q1. The ratio has dropped, as 3 funds opened new and increased holdings, while 6 cut down and sold equity positions in Espey MFG & Electronics Corp. The funds in our partner’s database reported: 398,001 shares, down from 401,857 shares in 2018Q1. Also, the number of funds holding Espey MFG & Electronics Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 5 Increased: 2 New Position: 1.

Espey Mfg. & Electronics Corp., a power electronics design and original equipment manufacturing company, designs, makes, and tests electronic equipment primarily for use in military and industrial applications in the United States and internationally. The company has market cap of $74.85 million. The companyÂ’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 radar, and ground mobile power applications. It has a 28.52 P/E ratio. It also provides various services, which include design and development to specification, build to print, design services, design studies, environmental testing services, metal fabrication, painting services, and development of automatic testing equipment.

The stock increased 4.15% or $1.25 during the last trading session, reaching $31.4. About 25,704 shares traded or 709.07% up from the average. Espey Mfg. & Electronics Corp. (NYSEMKT:ESP) has risen 16.70% since September 16, 2017 and is uptrending. It has outperformed by 1.08% the S&P500.

Morgan Dempsey Capital Management Llc holds 0.21% of its portfolio in Espey Mfg. & Electronics Corp. for 19,575 shares. Adirondack Trust Co owns 1,750 shares or 0.03% of their US portfolio. Moreover, Blackrock Inc. has 0% invested in the company for 913 shares. The Texas-based Bridgeway Capital Management Inc has invested 0% in the stock. California Public Employees Retirement System, a California-based fund reported 17,039 shares.

Since January 1, 0001, it had 1 buy, and 3 insider sales for $105,168 activity.

Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP) Institutional Positions Chart

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