Venu Holding Corporation (NYSEAMERICAN:VENU) CEO Jay W. Roth Sells 1,497 Shares

Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 1,497 shares of the business's stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $12.31, for a total transaction of $18,428.07. Following the completion of the sale, the chief executive officer directly owned 1,001,179 shares of the company's stock, valued at $12,324,513.49. This represents a 0.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Venu Stock Down 0.4%

NYSEAMERICAN VENU traded down $0.05 on Friday, reaching $12.14. The company's stock had a trading volume of 25,256 shares, compared to its average volume of 134,409. 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. The business has a 50-day moving average price of $10.56 and a 200 day moving average price of $9.71.

Institutional Investors Weigh In On Venu

Several institutional investors and hedge funds have recently made changes to their positions in VENU. Pallas Capital Advisors LLC boosted its holdings in shares of 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 acquiring an additional 19,833 shares in the last quarter. First Western Trust Bank bought a new position in Venu in the 1st quarter valued at $5,338,000. Bard Associates Inc. raised its position in Venu by 3.8% in the 1st quarter. Bard Associates Inc. now owns 211,090 shares of the company's stock valued at $1,953,000 after purchasing an additional 7,700 shares during the last quarter. Cypress Capital Management LLC WY acquired a new position in Venu in the first quarter worth $104,000. Finally, North Capital Inc. bought a new stake in shares of Venu during the first quarter worth $112,000.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on VENU shares. Northland Capmk upgraded Venu to a "strong-buy" rating in a research note on Wednesday, June 11th. Northland Securities assumed coverage on Venu in a research note on Wednesday, June 11th. They issued an "outperform" rating and a $15.00 price objective on the stock.

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.