Hennessy Advisors, Inc.
US ˙ NasdaqGM ˙ US4258851009

SecurityHNNA / Hennessy Advisors, Inc.
InsiderDaniel G Libarle
This page shows the track record and history of LIBARLE DANIEL G insider trades in Hennessy Advisors, Inc.. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. It is illegal for insiders to make trades in their companies based on material, non-public information ("MNPI"). This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4.
Insider Purchases - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Daniel G Libarle in HNNA / Hennessy Advisors, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
There are no known unplanned open-market trades for this insider

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

HNNA / Hennessy Advisors, Inc. Insider Trades
Insider Sales - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made by Daniel G Libarle in HNNA / Hennessy Advisors, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2017-02-14 1,353 27.0620 2,030 18.0413 36,615 105 14.2400 -7,721 -21.09
2017-02-14 36 27.0000 54 18.0000 972
2017-02-13 595 27.0507 892 18.0338 16,095
2017-02-08 1,052 28.0104 1,578 18.6736 29,467
2016-09-21 2,500 33.1002 3,750 22.0668 82,750
2016-05-11 1,000 34.8098 1,500 23.2065 34,810
2016-03-07 1,366 26.0000 2,049 17.3333 35,516
2016-03-04 1,134 26.0000 1,701 17.3333 29,484
2016-03-01 1,000 25.4139 1,500 16.9426 25,414
2015-02-12 2,500 22.9500 3,750 15.3000 57,375
2014-06-23 1,000 14.3563 1,500 9.5709 14,356
2014-03-24 1,000 11.7500 1,500 7.8333 11,750
2014-03-21 1,070 11.7500 1,605 7.8333 12,572
2014-02-18 630 12.0000 945 8.0000 7,560
2014-02-14 2,300 12.0000 3,450 8.0000 27,600

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

HNNA / Hennessy Advisors, Inc. Insider Trades
Insider Transaction History
File
Date		 Trade
Date		 Form Insider Ticker Security Title Code 10b5-1 Direct Exercise
Price		 Unit
Price		 Units
Changed		 Value
Changed (1K)		 Remaining
Options		 Remaining
Shares
2025-09-19 2025-09-18 4 LIBARLE DANIEL G By Trust HNNA Common Stock A - Award I 2,800 63,810
2024-12-17 2024-12-16 4 LIBARLE DANIEL G By Trust HNNA Common Stock G - Gift I -15,882 61,010
2024-09-19 2024-09-18 4 LIBARLE DANIEL G By Trust HNNA Common Stock A - Award I 2,800 76,892
2023-12-14 2023-12-13 4 LIBARLE DANIEL G By Trust HNNA HNNA G - Gift I -31,608 74,092
2023-09-19 2023-09-18 4 LIBARLE DANIEL G By Trust HNNA Common Stock A - Award I 2,800 105,700
2022-12-27 2022-12-23 4 LIBARLE DANIEL G HNNA Common Stock G - Gift D -7,908 102,900
2022-09-20 2022-09-18 4 LIBARLE DANIEL G HNNA Common Stock A - Award D 4,500 110,808
2021-09-20 2021-09-18 4 LIBARLE DANIEL G HNNA Common Stock A - Award D 5,250 106,308
2020-09-22 2020-09-18 4 LIBARLE DANIEL G HNNA Common Stock A - Award D 5,250 101,058
2019-09-04 2019-08-30 4 LIBARLE DANIEL G HNNA Common Stock A - Award D 5,250 95,808
2018-09-14 2018-09-12 4 LIBARLE DANIEL G HNNA Common Stock A - Award D 5,250 90,558
2017-09-19 2017-09-18 4 LIBARLE DANIEL G HNNA Common Stock A - Award D 5,250 85,308
2017-02-15 2017-02-14 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 27.0000 -36 -1 53,372
2017-02-14 2017-02-14 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 27.0620 -1,353 -37 53,408
2017-02-14 2017-02-13 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 27.0507 -595 -16 54,761
2017-02-10 2017-02-08 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 28.0104 -1,052 -29 55,356
2016-09-23 2016-09-21 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 33.1002 -2,500 -83 56,408
2016-09-23 2016-09-21 4 LIBARLE DANIEL G HNNA Common Stock A - Award D 3,500 58,908
2016-05-13 2016-05-11 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 34.8098 -1,000 -35 55,408
2016-03-07 2016-03-07 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 26.0000 -1,366 -36 56,408
2016-03-07 2016-03-04 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 26.0000 -1,134 -29 57,774
2016-03-03 2016-03-01 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 25.4139 -1,000 -25 58,908
2015-09-29 2015-09-25 4 LIBARLE DANIEL G HNNA Common Stock D - Sale to Issuer D 25.0000 -4,264 -107 59,908
2015-09-18 2015-09-17 4 LIBARLE DANIEL G HNNA Common Stock A - Award D 5,000 64,172
2015-02-17 2015-02-12 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 22.9500 -2,500 -57 59,172
2014-10-14 2014-10-13 4 LIBARLE DANIEL G HNNA Common Stock A - Award D 5,000 61,672
2014-06-25 2014-06-23 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 14.3563 -1,000 -14 56,672
2014-05-15 2014-05-13 4 LIBARLE DANIEL G HNNA Stock Option (right to acquire) M - Exercise D 7.11 -25,313 0
2014-05-15 2014-05-13 4 LIBARLE DANIEL G HNNA Common Stock F - Taxes D 12.5000 -14,399 -180 57,672
2014-05-15 2014-05-13 4 LIBARLE DANIEL G HNNA Common Stock M - Exercise D 7.1100 25,313 180 72,071
2014-03-24 2014-03-24 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 11.7500 -1,000 -12 46,758
2014-03-24 2014-03-21 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 11.7500 -1,070 -13 47,758
2014-02-20 2014-02-18 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 12.0000 -630 -8 48,828
2014-02-18 2014-02-14 4 LIBARLE DANIEL G HNNA Common Stock S - Sale D 12.0000 -2,300 -28 49,458
2013-09-18 2013-09-16 4 LIBARLE DANIEL G HNNA Common Stock A - Award D 5,000 51,758
2013-03-27 2013-03-25 4 LIBARLE DANIEL G HNNA Stock Option (right to acquire) M - Exercise D 3.55 -33,750 0
2013-03-27 2013-03-25 4 LIBARLE DANIEL G HNNA Common Stock F - Taxes D 7.0000 -17,117 -120 46,758
2013-03-27 2013-03-25 4 LIBARLE DANIEL G HNNA Common Stock M - Exercise D 3.5500 33,750 120 63,875
2012-02-29 2012-02-27 4 LIBARLE DANIEL G HNNA Stock Option (right to acquire) M - Exercise D 2.97 -5,000 23,128
2012-02-29 2012-02-27 4 LIBARLE DANIEL G HNNA Common Stock, no par value M - Exercise D 2.9700 5,000 15 30,125
P
Åbent marked eller privat køb af ikke-afledte eller afledte værdipapirer
S
Åbent marked eller privat salg af ikke-afledte eller afledte værdipapirer
A
Tildeling, tildeling eller anden erhvervelse af værdipapirer fra virksomheden (såsom en option)
C
Konvertering af derivat
D
Salg eller overførsel af værdipapirer tilbage til virksomheden
F
Betaling af udnyttelseskurs eller skatteforpligtelse ved brug af en del af værdipapirer modtaget fra selskabet
G
Gave af værdipapirer af eller til insideren
K
Aktieswaps og lignende sikringstransaktioner
M
Udnyttelse eller konvertering af afledt værdipapir modtaget fra virksomheden (såsom en option)
V
En transaktion rapporteret frivilligt på formular 4
J
Andet (ledsaget af en fodnote, der beskriver transaktionen)