Hennessy Advisors Inc. (NASDAQ:HNNA) CFO Teresa M. Nilsen sold 2,000 shares of Hennessy Advisors stock in a transaction dated Tuesday, September 27th. The stock was sold at an average price of $35.21, for a total value of $70,420.00. Following the sale, the chief financial officer now directly owns 98,659 shares of the company’s stock, valued at approximately $3,473,783.39. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Teresa M. Nilsen also recently made the following trade(s):
- On Friday, September 23rd, Teresa M. Nilsen sold 4,000 shares of Hennessy Advisors stock. The stock was sold at an average price of $34.96, for a total value of $139,840.00.
Shares of Hennessy Advisors Inc. (NASDAQ:HNNA) opened at 35.21 on Thursday. The firm has a market cap of $178.37 million, a PE ratio of 13.21 and a beta of 0.86. The firm’s 50-day moving average price is $35.80 and its 200-day moving average price is $33.14. Hennessy Advisors Inc. has a 12 month low of $23.55 and a 12 month high of $39.50.
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 12th. Stockholders of record on Thursday, August 18th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date of this dividend was Tuesday, August 16th. Hennessy Advisors’s dividend payout ratio is currently 11.94%.
Hennessy Advisors Company Profile
Hennessy Advisors, Inc is an investment management company. The Company’s business activity is managing, servicing and marketing open-end mutual funds branded as the Hennessy Funds. It provides investment advisory services and shareholder services. It manages its mutual funds that are categorized as Domestic Equity, Balanced and Fixed Income, or Sector and Specialty.
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