Espey Mfg Ownership
| ESP Stock | USD 28.94 0.71 2.39% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 2.6 M | Current Value 2.6 M | Avarage Shares Outstanding 2.3 M | Quarterly Volatility 294.6 K |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Espey |
Espey Stock Ownership Analysis
About 34.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.97. Some equities with similar Price to Book (P/B) outperform the market in the long run. Espey Mfg Electronics last dividend was issued on the 20th of September 2024. The entity had 2:1 split on the 3rd of January 2006. 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. Espey Mfg. Electronics Corp. was incorporated in 1928 and is based in Saratoga Springs, New York. Espey Mfg operates under Electrical Equipment Parts classification in the United States and is traded on AMEX Exchange. It employs 150 people. To learn more about Espey Mfg Electronics call Patrick Enright at 518 584 4100 or check out https://www.espey.com.Besides selling stocks to institutional investors, Espey Mfg also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Espey Mfg's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Espey Mfg's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Espey Mfg Quarterly Liabilities And Stockholders Equity |
|
Espey Mfg Insider Trades History
About 34.0% of Espey Mfg Electronics are currently held by insiders. Unlike Espey Mfg's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Espey Mfg's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Espey Mfg's insider trades
Espey Mfg Electronics Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Espey Mfg insiders, such as employees or executives, is commonly permitted as long as it does not rely on Espey Mfg's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Espey Mfg insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Espey Mfg Outstanding Bonds
Espey Mfg issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Espey Mfg Electronics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Espey bonds can be classified according to their maturity, which is the date when Espey Mfg Electronics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| ESPR 4 15 NOV 25 Corp BondUS29664WAB19 | View |
Espey Mfg Corporate Filings
10Q | 13th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 25th of October 2024 Other Reports | ViewVerify | |
F4 | 10th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 27th of September 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
Pair Trading with Espey Mfg
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Espey Mfg position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Espey Mfg will appreciate offsetting losses from the drop in the long position's value.Moving together with Espey Stock
| 0.63 | EOSE | Eos Energy Enterprises Buyout Trend | PairCorr |
Moving against Espey Stock
| 0.84 | XPON | Expion360 | PairCorr |
| 0.74 | FCEL | FuelCell Energy Fiscal Year End 17th of December 2024 | PairCorr |
| 0.55 | FLUX | Flux Power Holdings | PairCorr |
| 0.48 | EPOW | Sunrise New Energy | PairCorr |
The ability to find closely correlated positions to Espey Mfg could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Espey Mfg when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Espey Mfg - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Espey Mfg Electronics to buy it.
The correlation of Espey Mfg is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Espey Mfg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Espey Mfg Electronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Espey Mfg can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Espey Stock Analysis
When running Espey Mfg's price analysis, check to measure Espey Mfg's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Espey Mfg is operating at the current time. Most of Espey Mfg's value examination focuses on studying past and present price action to predict the probability of Espey Mfg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Espey Mfg's price. Additionally, you may evaluate how the addition of Espey Mfg to your portfolios can decrease your overall portfolio volatility.