The EVP & CFO of Essa Bancorp (NASDAQ: ESSA) is Selling Shares

By Carrie Williams

Today, the EVP & CFO of Essa Bancorp (NASDAQ: ESSA), Allan Muto, sold shares of ESSA for $33.92K.

In addition to Allan Muto, 5 other ESSA executives reported Sell trades in the last month. Following Allan Muto’s last ESSA Sell transaction on October 07, 2016, the stock climbed by 0.9%.

Based on Essa Bancorp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $17.11 million and quarterly net profit of $1.53 million. In comparison, last year the company earned revenue of $15.54 million and had a net profit of $2.31 million. ESSA’s market cap is $165.7M and the company has a P/E ratio of 19.92. The company has a one year high of $14.65 and a one year low of $12.69.

The insider sentiment on Essa Bancorp has been positive according to 44 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

ESSA Bancorp, Inc. is a stock holding company, which engages in the provision of banking, trust, and advisory services. It offers personal and business banking; government financial services; investment and wealth management; retirement planning; and insurance products. The company was founded in 2006 and is headquartered in Stroudsburg, PA.