A director of Espey Manufacturing and Electronics Corp sold 100 shares of common stock at $64.49 per share. Despite strong financial health, the stock is considered significantly overvalued at 111.9% above its estimated fair value. The insider transaction occurred after the release of annual results, which showed growth in net sales and income but a decrease in the order backlog. Espey Manufacturing and Electronics Corp (AMEX: ESP) is an electronic equipment manufacturer that develops and produces speciali ...