Hennessy Advisors Inc. (NASDAQ:HNNA) CFO Teresa M. Nilsen sold 2,000 shares of the 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 owns 98,659 shares of the company’s stock, valued at approximately $3,473,783.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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 company’s 50 day moving average price is $35.80 and its 200 day moving average price is $33.14. Hennessy Advisors Inc. has a 52-week low of $23.55 and a 52-week high of $39.50. The stock has a market cap of $178.37 million, a PE ratio of 13.21 and a beta of 0.86.

The company also recently declared a quarterly dividend, which was paid on Monday, September 12th. Shareholders of record on Thursday, August 18th were given a dividend of $0.08 per share. The ex-dividend date was Tuesday, August 16th. This represents a $0.32 dividend on an annualized basis and a yield of 0.91%. Hennessy Advisors’s dividend payout ratio is currently 11.94%.

About Hennessy Advisors

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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