Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 5,129 shares of the stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $13.44, for a total transaction of $68,933.76. Following the completion of the transaction, the chief executive officer now directly owns 1,017,536 shares of the company's stock, valued at approximately $13,675,683.84. The trade was a 0.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Venu Stock Down 12.2%
Venu stock traded down $1.62 during midday trading on Wednesday, reaching $11.70. The stock had a trading volume of 60,831 shares, compared to its average volume of 48,724. 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 company has a fifty day moving average of $9.44 and a 200 day moving average of $9.48.
Institutional Investors Weigh In On Venu
Several hedge funds and other institutional investors have recently modified their holdings of the business. First Western Trust Bank bought a new stake in Venu during the 1st quarter valued at about $5,338,000. Bard Associates Inc. purchased a new position in shares of Venu during the fourth quarter worth approximately $1,861,000. Gabelli Funds LLC purchased a new position in shares of Venu during the fourth quarter worth approximately $590,000. Focus Partners Wealth bought a new stake in shares of Venu during the fourth quarter valued at approximately $589,000. Finally, Willis Investment Counsel purchased a new stake in shares of Venu in the first quarter valued at approximately $299,000.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on VENU. Northland Capmk upgraded Venu to a "strong-buy" rating in a report on Wednesday, June 11th. Northland Securities began coverage on shares of Venu in a research report on Wednesday, June 11th. They set an "outperform" rating and a $15.00 price objective on the stock.
Read Our Latest Research 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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