David Lavigne Sells 2,459 Shares of Venu Holding Corporation (NYSEAMERICAN:VENU) Stock

Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) Director David Lavigne sold 2,459 shares of the stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $11.95, for a total transaction of $29,385.05. Following the completion of the sale, the director now owns 175,562 shares of the company's stock, valued at approximately $2,097,965.90. The trade was a 1.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Thursday, June 26th, David Lavigne sold 3,263 shares of Venu stock. The shares were sold at an average price of $11.92, for a total transaction of $38,894.96.
• 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 transaction 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 transaction of $6,787.20.
• On Monday, June 23rd, David Lavigne sold 724 shares of Venu stock. The stock was sold at an average price of $13.44, for a total transaction of $9,730.56.

Venu Price Performance

VENU traded down $0.61 on Friday, reaching $11.32. The company had a trading volume of 240,854 shares, compared to its average volume of 50,392. Venu Holding Corporation has a 1 year low of $7.05 and a 1 year high of $14.75. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.72 and a quick ratio of 2.70. The stock has a 50-day moving average price of $9.58 and a 200-day moving average price of $9.52.

Institutional Investors Weigh In On Venu

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bard Associates Inc. acquired a new stake in shares of Venu during the fourth quarter worth about $1,861,000. Gabelli Funds LLC acquired a new stake in shares of Venu during the fourth quarter worth about $590,000. Bleichroeder LP acquired a new stake in shares of Venu during the fourth quarter worth about $183,000. Focus Partners Wealth acquired a new stake in shares of Venu during the fourth quarter worth about $589,000. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of Venu during the fourth quarter worth about $244,000.

Analysts Set New Price Targets

VENU has been the subject of several recent analyst reports. Northland Capmk raised shares of Venu to a "strong-buy" rating in a research report on Wednesday, June 11th. Northland Securities assumed coverage on shares of Venu in a research report on Wednesday, June 11th. They set an "outperform" rating and a $15.00 price objective for the company.

About Venu

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.