Jay W. Roth Sells 996 Shares of Venu Holding Corporation (NYSEAMERICAN:VENU) Stock

Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 996 shares of the business's stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $12.56, for a total value of $12,509.76. Following the completion of the sale, the chief executive officer owned 1,004,350 shares of the company's stock, valued at $12,614,636. This trade represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Venu Stock Up 3.6%

VENU stock traded up $0.45 during trading on Tuesday, reaching $12.90. 56,959 shares of the company's stock were exchanged, compared to its average volume of 132,752. The company has a current ratio of 2.72, a quick ratio of 2.70 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 company's fifty day moving average price is $10.20 and its 200-day moving average price is $9.64.

Wall Street Analysts Forecast Growth

VENU has been the subject of a number of research analyst reports. Northland Securities initiated coverage on Venu in a report on Wednesday, June 11th. They issued an "outperform" rating and a $15.00 price target for the company. Northland Capmk upgraded Venu to a "strong-buy" rating in a research report on Wednesday, June 11th.

Institutional Inflows and Outflows

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

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.