Teresa M. Nilsen Sells 4,000 Shares of Hennessy Advisors Inc. (HNNA) Stock

Hennessy Advisors Inc. (NASDAQ:HNNA) CFO Teresa M. Nilsen sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, September 23rd. The shares were sold at an average price of $34.96, for a total value of $139,840.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Hennessy Advisors Inc. (NASDAQ:HNNA) opened at 34.94 on Friday. Hennessy Advisors Inc. has a 12 month low of $23.16 and a 12 month high of $39.50. The stock has a market capitalization of $177.01 million, a P/E ratio of 13.11 and a beta of 0.86. The firm’s 50-day moving average price is $35.97 and its 200-day moving average price is $32.90.

The firm also recently announced 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 0.92%. The ex-dividend date of this dividend was Tuesday, August 16th. Hennessy Advisors’s dividend payout ratio (DPR) is presently 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.

5 Day Chart for NASDAQ:HNNA

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