Insider Selling: ESSA Bancorp, Inc. (ESSA) Insider Sells 1,719 Shares of Stock

ESSA Bancorp, Inc. (NASDAQ:ESSA) insider Gary S. Olson sold 1,719 shares of the business’s stock in a transaction on Friday, August 24th. The stock was sold at an average price of $16.20, for a total transaction of $27,847.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Gary S. Olson also recently made the following trade(s):

  • On Thursday, August 23rd, Gary S. Olson sold 1,365 shares of ESSA Bancorp stock. The stock was sold at an average price of $16.21, for a total transaction of $22,126.65.
  • On Thursday, August 9th, Gary S. Olson sold 10,600 shares of ESSA Bancorp stock. The stock was sold at an average price of $16.00, for a total transaction of $169,600.00.
  • On Wednesday, August 8th, Gary S. Olson sold 201 shares of ESSA Bancorp stock. The stock was sold at an average price of $16.00, for a total transaction of $3,216.00.
  • On Wednesday, July 25th, Gary S. Olson sold 7 shares of ESSA Bancorp stock. The stock was sold at an average price of $16.00, for a total transaction of $112.00.
  • On Wednesday, July 25th, Gary S. Olson sold 132 shares of ESSA Bancorp stock. The stock was sold at an average price of $16.00, for a total transaction of $2,112.00.
  • On Monday, July 23rd, Gary S. Olson sold 1 shares of ESSA Bancorp stock. The stock was sold at an average price of $16.00, for a total transaction of $16.00.
  • On Friday, July 20th, Gary S. Olson sold 105 shares of ESSA Bancorp stock. The stock was sold at an average price of $16.00, for a total transaction of $1,680.00.
  • On Monday, July 23rd, Gary S. Olson sold 106 shares of ESSA Bancorp stock. The stock was sold at an average price of $16.00, for a total transaction of $1,696.00.

Shares of ESSA stock traded up $0.02 on Monday, reaching $16.13. 2,984 shares of the stock were exchanged, compared to its average volume of 26,884. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.73. The company has a market cap of $189.89 million, a P/E ratio of 39.28 and a beta of 0.36. ESSA Bancorp, Inc. has a twelve month low of $14.16 and a twelve month high of $16.80.

Separately, TheStreet upgraded shares of ESSA Bancorp from a “c+” rating to a “b-” rating in a research note on Friday, June 1st.

Several hedge funds have recently modified their holdings of ESSA. Wells Fargo & Company MN grew its stake in shares of ESSA Bancorp by 53.2% during the fourth quarter. Wells Fargo & Company MN now owns 14,132 shares of the financial services provider’s stock worth $222,000 after purchasing an additional 4,908 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of ESSA Bancorp by 48.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 18,600 shares of the financial services provider’s stock worth $295,000 after purchasing an additional 6,100 shares in the last quarter. Beese Fulmer Investment Management Inc. grew its stake in shares of ESSA Bancorp by 39.0% during the second quarter. Beese Fulmer Investment Management Inc. now owns 21,397 shares of the financial services provider’s stock worth $339,000 after purchasing an additional 6,000 shares in the last quarter. Sei Investments Co. grew its stake in shares of ESSA Bancorp by 17.7% during the second quarter. Sei Investments Co. now owns 23,043 shares of the financial services provider’s stock worth $365,000 after purchasing an additional 3,468 shares in the last quarter. Finally, Deutsche Bank AG grew its stake in shares of ESSA Bancorp by 13.3% during the fourth quarter. Deutsche Bank AG now owns 35,463 shares of the financial services provider’s stock worth $553,000 after purchasing an additional 4,161 shares in the last quarter. Hedge funds and other institutional investors own 42.22% of the company’s stock.

About ESSA Bancorp

ESSA Bancorp, Inc operates as the holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. Its deposit products include savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts for businesses.

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Insider Buying and Selling by Quarter for ESSA Bancorp (NASDAQ:ESSA)

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