Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 832 shares of Venu stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $12.20, for a total value of $10,150.40. Following the transaction, the chief executive officer directly owned 999,720 shares in the company, valued at approximately $12,196,584. The trade was a 0.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Venu Stock Down 2.2%
Shares of VENU traded down $0.27 during trading hours on Monday, hitting $11.87. The stock had a trading volume of 35,234 shares, compared to its average volume of 50,161. Venu Holding Corporation has a 52 week low of $7.05 and a 52 week high of $14.75. The company's fifty day moving average is $10.56 and its two-hundred day moving average is $9.71. The company has a quick ratio of 2.70, a current ratio of 2.72 and a debt-to-equity ratio of 0.39.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in VENU. First Western Trust Bank acquired a new stake in shares of Venu in the 1st quarter valued at approximately $5,338,000. Bard Associates Inc. raised its holdings in shares of Venu by 3.8% in the first 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. Gabelli Funds LLC bought a new position in shares of Venu in the fourth quarter valued at $590,000. Focus Partners Wealth bought a new position in shares of Venu in the fourth quarter valued at $589,000. Finally, Pallas Capital Advisors LLC grew its stake in shares of Venu by 95.2% in the second quarter. Pallas Capital Advisors LLC now owns 40,666 shares of the company's stock valued at $479,000 after buying an additional 19,833 shares in the last quarter.
Analysts Set New Price Targets
A number of equities research analysts have commented on VENU shares. Northland Capmk upgraded Venu to a "strong-buy" rating in a research report on Wednesday, June 11th. Northland Securities started coverage on shares of Venu in a report on Wednesday, June 11th. They issued an "outperform" rating and a $15.00 price target for the company.
View Our Latest Analysis on VENU
About Venu
(
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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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