Harvey Norman (ASX:HVN) Insider Sells A$3,707,937.15 in Stock

Harvey Norman Holdings Limited (ASX:HVN) insider Gerald Harvey sold 507,450 shares of the company’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of A$7.31, for a total value of A$3,707,937.15.

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

• On Wednesday, September 24th, Gerald Harvey sold 1,142,547 shares of Harvey Norman stock. The stock was sold at an average price of A$7.35, for a total value of A$8,400,005.54.
• 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 transaction of A$5,818,902.10.
• On Tuesday, September 16th, Gerald Harvey sold 1,400,000 shares of Harvey Norman stock. The shares were 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 shares were 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 Stock Performance

The firm has a market capitalization of $6.39 billion, a PE ratio of 18.17, a price-to-earnings-growth 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 Dividend Announcement

The company also recently declared a Final dividend, which will be paid on Sunday, November 2nd. Stockholders of record on Sunday, November 2nd will be paid a dividend of $0.145 per share. This represents a dividend yield of 194.0%. The ex-dividend date of this dividend is Sunday, October 5th. Harvey Norman’s dividend payout ratio (DPR) is presently 85.71%.

About Harvey Norman

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.