Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 18,046 shares of the company's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $13.05, for a total transaction of $235,500.30. Following the transaction, the chief executive officer now owns 9,292,076 shares in the company, valued at approximately $121,261,591.80. The trade was a 0.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Venu Stock Down 12.2%
NYSEAMERICAN VENU traded down $1.62 on Wednesday, reaching $11.70. The company had a trading volume of 60,831 shares, compared to its average volume of 48,724. Venu Holding Corporation has a 52 week low of $7.05 and a 52 week high of $14.75. The stock's 50 day moving average is $9.44 and its 200-day moving average is $9.48. The company has a current ratio of 2.72, a quick ratio of 2.70 and a debt-to-equity ratio of 0.39.
Hedge Funds Weigh In On Venu
Institutional investors have recently modified their holdings of the stock. First Western Trust Bank acquired a new position in shares of Venu in the 1st quarter valued at $5,338,000. Bard Associates Inc. raised its stake in Venu by 3.8% during the 1st quarter. Bard Associates Inc. now owns 211,090 shares of the company's stock worth $1,953,000 after buying an additional 7,700 shares during the period. Cypress Capital Management LLC WY bought a new position in Venu during the first quarter worth about $104,000. North Capital Inc. acquired a new position in Venu in the first quarter valued at about $112,000. Finally, Exchange Traded Concepts LLC bought a new stake in shares of Venu in the first quarter worth about $171,000.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on VENU. Northland Securities began coverage on shares of Venu in a research note on Wednesday, June 11th. They set an "outperform" rating and a $15.00 price target for the company. Northland Capmk raised shares of Venu to a "strong-buy" rating in a report on Wednesday, June 11th.
View Our Latest Report on Venu
Venu Company Profile
(
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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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