David Lavigne Sells 2,390 Shares of Venu Holding Corporation (NYSEAMERICAN:VENU) Stock

Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) Director David Lavigne sold 2,390 shares of the firm's stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $11.32, for a total value of $27,054.80. Following the completion of the transaction, the director owned 163,474 shares of the company's stock, valued at approximately $1,850,525.68. This represents a 1.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

David Lavigne also recently made the following trade(s):

• On Friday, June 27th, David Lavigne sold 6,435 shares of Venu stock. The stock was sold at an average price of $11.34, for a total transaction of $72,972.90.
• On Thursday, June 26th, David Lavigne sold 3,263 shares of Venu stock. The stock was sold at an average price of $11.92, for a total value of $38,894.96.
• On Wednesday, June 25th, David Lavigne sold 2,459 shares of Venu stock. The stock was sold at an average price of $11.95, for a total value of $29,385.05.
• On Tuesday, June 24th, David Lavigne sold 221 shares of Venu stock. The stock was sold at an average price of $13.05, for a total value of $2,884.05.
• On Tuesday, June 24th, David Lavigne sold 555 shares of Venu stock. The stock was sold at an average price of $13.05, for a total transaction of $7,242.75.
• On Monday, June 23rd, David Lavigne sold 505 shares of Venu stock. The shares were sold at an average price of $13.44, for a total value of $6,787.20.
• On Monday, June 23rd, David Lavigne sold 724 shares of Venu stock. The shares were sold at an average price of $13.44, for a total transaction of $9,730.56.

Venu Stock Performance

Shares of VENU stock traded up $0.18 on Wednesday, reaching $12.49. 40,709 shares of the company were exchanged, compared to its average volume of 133,732. The company has a 50-day moving average of $9.80 and a 200-day moving average of $9.56. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.72 and a quick ratio of 2.70. Venu Holding Corporation has a one year low of $7.05 and a one year high of $14.75.

Analyst Upgrades and Downgrades

VENU has been the topic of several research analyst reports. Northland Securities started coverage on Venu in a research report on Wednesday, June 11th. They set an "outperform" rating and a $15.00 target price on the stock. Northland Capmk upgraded shares of Venu to a "strong-buy" rating in a report on Wednesday, June 11th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VENU. Bard Associates Inc. bought a new position in Venu in the fourth quarter worth approximately $1,861,000. Gabelli Funds LLC bought a new position in shares of Venu in the fourth quarter valued at $590,000. Bleichroeder LP acquired a new stake in shares of Venu in the 4th quarter worth about $183,000. Focus Partners Wealth acquired a new stake in shares of Venu in the 4th quarter worth about $589,000. Finally, OMERS ADMINISTRATION Corp bought a new position in Venu in the 4th quarter valued at about $244,000.

Venu Company Profile

Venu Holding Corporation is a premier hospitality and live music company dedicated to crafting luxury, experience-driven entertainment destinations. Venu Holding Corporation is based in COLORADO SPRINGS, Colo.