The President & CEO of Essa Bancorp is Exercising Options

By Carrie Williams

Today, the President & CEO of Essa Bancorp, Gary Olson, exercised options of Essa Bancorp for $70.09K.

In addition to Gary Olson, 4 other ESSA executives reported Sell trades in the last month.

Based on Essa Bancorp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $17.4 million and GAAP net loss of $1.64 million. In comparison, last year the company earned revenue of $16.6 million and had a net profit of $1.94 million. ESSA’s market cap is $159.4M and the company has a P/E ratio of 41.14. The company has a one-year high of $16.80 and a one-year low of $14.01.

In the last 30 days, insiders have sold $366.8K worth of ESSA shares and purchased $500K worth of ESSA shares. The insider sentiment on Essa Bancorp has been negative according to 64 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.