Hennessy Advisors Inc (HNNA): Teresa M Nilsen , EVP, CFO and Secretary of Hennessy Advisors Inc sold 2,000 shares on Sep 27, 2016. The Insider selling transaction was reported by the company on Sep 27, 2016 to the Securities and Exchange Commission. The shares were sold at $35.21 per share for a total value of $70,410.60 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 23, 2016, Teresa M Nilsen (EVP, CFO and Secretary) sold 4,000 shares at $34.93 per share price.On Sep 23, 2016, Daniel G Libarle (director) sold 2,500 shares at $33.10 per share price.Also, On Sep 21, 2016, Daniel B Steadman (Executive Vice President) sold 3,850 shares at $35.26 per share price.On Sep 12, 2016, Brian A Hennessy (director) sold 660 shares at $37.00 per share price.
Hennessy Advisors Inc: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Hennessy Advisors Inc which led to swings in the share price. The shares opened for trading at $33.46 and hit $35 on the upside , eventually ending the session at $34.9, with a gain of 4.87% or 1.62 points. The heightened volatility saw the trading volume jump to 19,073 shares. The 52-week high of the share price is $39.5 and the company has a market cap of $177 M . The 52-week low of the share price is at $23.
Hennessy Advisors Inc. is an investment management firm. The Company is engaged in managing servicing and marketing its open-end mutual funds the Hennessy Funds. The Company manages 16 mutual funds that have each been categorized as a Domestic Equity product Balanced and Fixed Income product or Sector and Specialty product. Its Domestic Equity product includes Hennessy Cornerstone Growth Fund Hennessy Focus Fund Hennessy Cornerstone Mid Cap 30 Fund Hennessy Cornerstone Large Growth Fund Hennessy Cornerstone Value Fund Hennessy Large Value Fund and Hennessy Total Return Fund. Its Balanced and Fixed Income product includes Hennessy Equity and Income Fund; Hennessy Balanced Fund and Hennessy Core Bond Fund. Its Sector and Specialty product includes Hennessy Gas Utility Index Fund Hennessy Small Cap Financial Fund Hennessy Large Cap Financial Fund Hennessy Technology Fund Hennessy Japan Fund and Hennessy Japan Small Cap Fund.