ESSA Bancorp Inc. (ESSA): Directors (Hosbach, Fallon, Viechnicki) are Hot on This Stock


Philip H. Hosbach IV, Director at ESSA Bancorp, Inc. (NASDAQ:ESSA), disclosed today four purchases for a total of 1,262 shares of common stock. These took place between July 28 and September 26, 2014. According to the SEC filing, Mr. Hobasch purchased 817 shares through small acquisitions under Rule 16a-6, and the remaining 445 shares in the open market, with prices ranging between $11.7539 and $11.34.

Neil Chriss’ Hutchin Hill Capital is the largest institutional shareholder (amongst those we track), controlling a total of 175,000 shares. The fund disclosed having increased its holdings by 20% over the last reported quarter (second quarter of 2014), and now owns more than $1.95 billion in stock. The prosper future envisioned for the company, has lead two other directors at ESSA Bancorp, Inc. (NASDAQ:ESSA), Timothy S. Fallon and William A Viechnicki, to purchase over 3,100 and 5,000 shares each.

ESSA Bancorp, Inc. (NASDAQ:ESSA) is a stock holding company of ESSA Bank & Trust (the Bank).


Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

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