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Hennessy Advisors director Newton sells $8,188 of stock By Investing.com
- Investing
Ramit Sethi- 2 minutes read
Kiera Newton, a Director at Hennessy Advisors Inc. (), recently sold a total of $8,188 worth of common stock. The transactions occurred on September 14 and September 16, 2026, with share prices ranging from $10.335 to $10.35.
On September 14, 2026, Newton disposed of 593 shares of Hennessy Advisors common stock at $10.335 per share. Two days later, on September 16, 2026, an additional 199 shares were sold at $10.35 per share. Following these transactions, Newton directly holds 15,502 shares of the company’s common stock.
The insider sale comes as Hennessy Advisors trades at a P/E ratio of 9.76 with a market cap of $81.81 million. According to InvestingPro analysis, the stock appears undervalued relative to its Fair Value, placing it among opportunities on the platform’s most undervalued stocks list. The company offers a dividend yield of 5.84% and has maintained dividend payments for 22 consecutive years, according to InvestingPro Tips.
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