Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 4,913 shares of the business's stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $13.05, for a total value of $64,114.65. Following the sale, the chief executive officer now owns 1,012,623 shares of the company's stock, valued at approximately $13,214,730.15. This represents a 0.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Venu Stock Performance
Shares of VENU traded down $0.61 during mid-day trading on Friday, reaching $11.32. 240,854 shares of the stock traded hands, compared to its average volume of 135,239. The company has a quick ratio of 2.70, a current ratio of 2.72 and a debt-to-equity ratio of 0.39. Venu Holding Corporation has a 1 year low of $7.05 and a 1 year high of $14.75. The firm has a fifty day moving average price of $9.64 and a 200 day moving average price of $9.53.
Hedge Funds Weigh In On Venu
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Focus Partners Wealth purchased a new stake in shares of Venu during the 4th quarter valued at $589,000. Willis Investment Counsel bought a new position in Venu in the first quarter valued at $299,000. Exchange Traded Concepts LLC purchased a new stake in Venu during the first quarter valued at about $171,000. Gabelli Funds LLC bought a new stake in Venu during the fourth quarter worth about $590,000. Finally, Bard Associates Inc. bought a new stake in Venu during the fourth quarter worth about $1,861,000.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the stock. Northland Capmk upgraded shares of Venu to a "strong-buy" rating in a report on Wednesday, June 11th. Northland Securities assumed coverage on shares of Venu in a research note on Wednesday, June 11th. They issued an "outperform" rating and a $15.00 price objective for the company.
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Venu Company Profile
(
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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.
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