Carl Helmetag Sells Shares of Espey Mfg. & Electronics Corp.

Carl Helmetag sold 1,000 shares of Espey Mfg. & Electronics Corp. (NYSE American: ESP) on June 24, 2026. The shares were sold at an average price of $63.66, totaling about $63,662. This transaction was not part of a pre-arranged trading plan.

Insider Buying and Selling at Espey Mfg. & Electronics Corp.

In recent insider activity at Espey Mfg. & Electronics Corp., Carl Helmetag sold 1,000 shares on June 24, 2026. Other insiders also made moves: Paul Corr sold 2,550 shares at $65.89 and another 2,550 shares at $18.05 on June 23, while also buying 2,550 shares at $18.05. On June 22, David O'Neil, the President & CEO, sold 2,500 shares at $67.71. Jennifer Michele Pickering, CHRO & Corporate Secretary, purchased 2,500 shares at $24.46.

Other Institutional Activity in Espey Mfg. & Electronics Corp.

Several institutional investors have adjusted their positions in Espey Mfg. & Electronics Corp. Renaissance Technologies LLC slightly reduced its holdings by 100 shares, now holding 103,212 shares valued at around $5.72 million. Dimensional Fund Advisors LP cut its stake by 5,570 shares, ending with 93,523 shares worth about $5.18 million. Vanguard Capital Management LLC initiated a new position with 85,006 shares, valued at approximately $4.71 million. Meanwhile, American Century Companies Inc. increased its position by 16,637 shares, totaling 53,086 shares valued at $2.94 million.

Espey Mfg. & Electronics Corp. Stock Up 7.9%

Shares of Espey Mfg. & Electronics Corp. traded near $66.82 on Friday. The company, based in Saratoga Springs, New York, has a market cap of about $197.9 million. Espey's P/E ratio stands at 17.34, with a forward P/E of 17.81, and a beta of 0.361, indicating lower volatility compared to the market. The stock's 52-week range is between $36.00 and $74.77, with a 50-day moving average of $64.08 and a 200-day moving average of $51.72.

Recent Earnings

Espey Mfg. & Electronics Corp. reported revenue of $42.25 million, reflecting a growth of 10.9%. The company achieved a net margin of 25.5% and a return on equity of 20.97%. Earnings per share were $3.81. The next earnings report is expected on September 16, 2026.

Dividend

Espey pays an annual dividend rate of $1.00, yielding 1.51%. The dividend payout ratio is 26.25%, indicating a sustainable dividend policy.

Analysts Set New Price Targets

On May 18, 2026, Freedom Broker downgraded Espey Mfg. & Electronics Corp. to a "hold" rating with a price target of $65. The consensus target price is also $65, based on one analyst opinion.

About Espey Mfg. & Electronics Corp.

Espey Mfg. & Electronics Corp. is an industrial company specializing in electronic equipment for military and industrial uses. Located in Saratoga Springs, New York, the company produces power supplies, converters, transformers, and various components for defense and industrial applications. It also offers services like design, testing, and metal fabrication. Founded in 1928, Espey serves both domestic and international markets.

Bottom Line

Carl Helmetag's recent sale of shares in Espey Mfg. & Electronics Corp. is part of ongoing insider activity at the company. Investors often watch insider transactions for signals about company health, though such sales can occur for many reasons. It's important to remember that insider trades are disclosed after the fact and might not reflect current sentiment.