Venu Holding Corporation (NYSEAMERICAN:VENU) CEO Jay W. Roth Sells 6,149 Shares

Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 6,149 shares of the firm's stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of $12.88, for a total value of $79,199.12. Following the completion of the transaction, the chief executive officer directly owned 9,255,500 shares in the company, valued at approximately $119,210,840. This represents a 0.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Venu Trading Down 0.4%

Shares of Venu stock traded down $0.05 on Friday, hitting $12.14. 25,256 shares of the company traded hands, compared to its average volume of 134,409. The stock's 50 day moving average price is $10.56 and its 200-day moving average price is $9.71. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.70 and a current ratio of 2.72. Venu Holding Corporation has a 52 week low of $7.05 and a 52 week high of $14.75.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Northland Capmk upgraded Venu to a "strong-buy" rating in a research note on Wednesday, June 11th. Northland Securities began coverage on Venu in a research report on Wednesday, June 11th. They set an "outperform" rating and a $15.00 price objective for the company.

Hedge Funds Weigh In On Venu

Institutional investors and hedge funds have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC purchased a new position in Venu in the first quarter worth $92,000. Cypress Capital Management LLC WY purchased a new stake in shares of Venu during the first quarter valued at $104,000. North Capital Inc. purchased a new stake in shares of Venu during the first quarter valued at $112,000. Exchange Traded Concepts LLC purchased a new stake in shares of Venu during the first quarter valued at $171,000. Finally, Bleichroeder LP purchased a new stake in shares of Venu during the fourth quarter valued at $183,000.

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.