Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 2,723 shares of the firm's stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $12.93, for a total value of $35,208.39. Following the completion of the sale, the chief executive officer directly owned 9,265,305 shares in the company, valued at approximately $119,800,393.65. This represents a 0.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Venu Trading Down 0.4%
Venu stock traded down $0.05 during mid-day trading on Friday, reaching $12.14. The company had a trading volume of 25,256 shares, compared to its average volume of 134,409. The business has a fifty day simple moving average of $10.56 and a 200 day simple moving average of $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 fifty-two week low of $7.05 and a fifty-two week high of $14.75.
Institutional Investors Weigh In On Venu
A number of hedge funds and other institutional investors have recently bought and sold shares of VENU. Bard Associates Inc. lifted its holdings in shares of Venu by 3.8% during the first quarter. Bard Associates Inc. now owns 211,090 shares of the company's stock worth $1,953,000 after purchasing an additional 7,700 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in Venu during the 1st quarter worth about $92,000. Cypress Capital Management LLC WY bought a new stake in shares of Venu in the 1st quarter valued at about $104,000. North Capital Inc. acquired a new stake in shares of Venu in the first quarter valued at about $112,000. Finally, Exchange Traded Concepts LLC bought a new position in shares of Venu during the first quarter worth about $171,000.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the company. Northland Capmk upgraded Venu to a "strong-buy" rating in a research report on Wednesday, June 11th. Northland Securities assumed coverage on Venu in a research note on Wednesday, June 11th. They set an "outperform" rating and a $15.00 target price for the company.
Read Our Latest Stock Analysis on Venu
About Venu
(
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.
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