Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 1,381 shares of the stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $12.39, for a total transaction of $17,110.59. Following the sale, the chief executive officer directly owned 1,006,087 shares of the company's stock, valued at approximately $12,465,417.93. The trade was a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Venu Stock Up 2.4%
Shares of NYSEAMERICAN VENU traded up $0.30 during mid-day trading on Friday, hitting $12.79. The stock had a trading volume of 41,154 shares, compared to its average volume of 134,115. 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 company has a 50 day moving average of $9.99 and a two-hundred day moving average of $9.60. Venu Holding Corporation has a twelve month low of $7.05 and a twelve month high of $14.75.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on VENU shares. Northland Capmk raised Venu to a "strong-buy" rating in a research report on Wednesday, June 11th. Northland Securities started coverage on shares of Venu in a report on Wednesday, June 11th. They set an "outperform" rating and a $15.00 price objective on the stock.
Check Out Our Latest Stock Analysis on VENU
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of VENU. First Western Trust Bank acquired a new stake in shares of Venu in the first quarter worth $5,338,000. Gabelli Funds LLC purchased a new position in shares of Venu during the 4th quarter valued at about $590,000. Focus Partners Wealth acquired a new position in shares of Venu in the 4th quarter valued at about $589,000. Willis Investment Counsel acquired a new position in shares of Venu in the 1st quarter valued at about $299,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in shares of Venu in the fourth quarter worth about $244,000.
Venu Company Profile
(
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.
Further Reading
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