Espey Mfg director Paul Corr sells $137,178 in company stock
Espey Mfg director Paul Corr sells $137,178 in company stock
Paul J. Corr, a director at Espey Mfg & Electronics Corp (NASDAQ:ESP), sold 2,300 shares of the company’s common stock on September 25, 2026, for a total value of $137,178. The shares were sold at prices ranging from $64.26 to $66.79.
This transaction followed the exercise of stock options, through which Mr. Corr acquired the same number of shares at an exercise price of $13.98 per share, totaling $32,154. The sale comes as ESP shares have declined roughly 23% over the past six months, currently trading at $52.02—well below Mr. Corr’s sale prices. According to InvestingPro analysis, the stock appears undervalued at current levels, with a P/E ratio of 13.25 and a notably low PEG ratio of 0.47. Following these transactions, Mr. Corr directly owns 20,650 shares of Espey Mfg & Electronics Corp common stock.
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