Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 5,497 shares of the business's stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $12.31, for a total transaction of $67,668.07. Following the completion of the transaction, the chief executive officer owned 9,250,003 shares in the company, valued at $113,867,536.93. This represents a 0.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Venu Trading Down 0.4%
NYSEAMERICAN:VENU traded down $0.05 during mid-day trading on Friday, reaching $12.14. The stock had a trading volume of 25,256 shares, compared to its average volume of 134,409. Venu Holding Corporation has a 1-year low of $7.05 and a 1-year high of $14.75. The stock's 50 day simple moving average is $10.56 and its two-hundred day simple moving average is $9.71. The company has a quick ratio of 2.70, a current ratio of 2.72 and a debt-to-equity ratio of 0.39.
Hedge Funds Weigh In On Venu
A number of hedge funds have recently bought and sold shares of the company. First Western Trust Bank bought a new stake in shares of Venu during the 1st quarter valued at about $5,338,000. Bard Associates Inc. grew its position in Venu by 3.8% in the 1st quarter. Bard Associates Inc. now owns 211,090 shares of the company's stock worth $1,953,000 after purchasing an additional 7,700 shares during the last quarter. Gabelli Funds LLC bought a new position in Venu in the 4th quarter worth about $590,000. Focus Partners Wealth bought a new position in Venu in the 4th quarter worth about $589,000. Finally, Pallas Capital Advisors LLC grew its position in Venu by 95.2% in the 2nd quarter. Pallas Capital Advisors LLC now owns 40,666 shares of the company's stock worth $479,000 after purchasing an additional 19,833 shares during the last quarter.
Analyst Ratings Changes
A number of equities analysts have commented on VENU shares. Northland Securities started coverage on shares of Venu in a report on Wednesday, June 11th. They issued an "outperform" rating and a $15.00 price objective on the stock. Northland Capmk raised shares of Venu to a "strong-buy" rating in a research report on Wednesday, June 11th.
Check Out Our Latest Stock Analysis on Venu
About Venu
(
Get Free Report)
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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