Insider Selling: Harvey Norman (ASX:HVN) Insider Sells 1,142,547 Shares of Stock

Harvey Norman Holdings Limited (ASX:HVNGet Free Report) insider Gerald Harvey sold 1,142,547 shares of the business’s stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of A$7.35, for a total value of A$8,400,005.54.

Gerald Harvey also recently made the following trade(s):

  • On Friday, September 26th, Gerald Harvey sold 507,450 shares of Harvey Norman stock. The stock was sold at an average price of A$7.31, for a total value of A$3,707,937.15.
  • On Thursday, September 25th, Gerald Harvey sold 792,550 shares of Harvey Norman stock. The stock was sold at an average price of A$7.34, for a total value of A$5,818,902.10.
  • On Tuesday, September 16th, Gerald Harvey sold 1,400,000 shares of Harvey Norman stock. The stock was sold at an average price of A$7.39, for a total transaction of A$10,339,000.00.
  • On Wednesday, September 10th, Gerald Harvey sold 321,380 shares of Harvey Norman stock. The stock was sold at an average price of A$7.33, for a total transaction of A$2,355,072.64.
  • On Thursday, September 11th, Gerald Harvey sold 974,765 shares of Harvey Norman stock. The stock was sold at an average price of A$7.30, for a total transaction of A$7,116,759.27.
  • On Monday, September 15th, Gerald Harvey sold 538,229 shares of Harvey Norman stock. The stock was sold at an average price of A$7.17, for a total transaction of A$3,860,716.62.
  • On Friday, September 5th, Gerald Harvey sold 157,453 shares of Harvey Norman stock. The stock was sold at an average price of A$7.45, for a total transaction of A$1,173,024.85.

Harvey Norman Price Performance

The company has a market capitalization of $6.39 billion, a price-to-earnings ratio of 18.17, a P/E/G ratio of -1.22 and a beta of 0.76. The company has a current ratio of 2.31, a quick ratio of 1.33 and a debt-to-equity ratio of 50.65.

Harvey Norman Announces Dividend

The company also recently announced a Final dividend, which will be paid on Sunday, November 2nd. Shareholders of record on Sunday, November 2nd will be given a $0.145 dividend. This represents a yield of 194.0%. The ex-dividend date is Sunday, October 5th. Harvey Norman’s dividend payout ratio is 85.71%.

Harvey Norman Company Profile

(Get Free Report)

Harvey Norman Holdings Limited engages in the integrated retail, franchise, property, and digital system businesses. It franchises and sells products in various categories, including electrical goods, furniture, computerized communications, bedding and Manchester, kitchen and small appliances, bathroom and tiles, and carpets and floorings.

Further Reading

Insider Buying and Selling by Quarter for Harvey Norman (ASX:HVN)

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