Hennessy Advisors Director Sells $45,179 in Stock (HNNA)
Hennessy Advisors (NASDAQ:HNNA) Director Rodger Offenbach unloaded 2,990 shares of the stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $15.11, for a total value of $45,178.90. Following the transaction, the director now directly owns 67,053 shares in the company, valued at approximately $1,013,171. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Hennessy Advisors (NASDAQ:HNNA) traded up 1.23% on Friday, hitting $15.25. The stock had a trading volume of 3,504 shares. Hennessy Advisors has a 52-week low of $7.00 and a 52-week high of $15.50. The stock has a 50-day moving average of $13.10 and a 200-day moving average of $12.0. The company has a market cap of $90.1 million and a price-to-earnings ratio of 14.36.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, June 12th. Stockholders of record on Tuesday, May 20th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Friday, May 16th.
Hennessy Advisors, Inc is an investment management firm. The Company is engaged in managing, servicing and marketing its 10 open-end mutual funds.
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