Jay W. Roth Sells 1,674 Shares of Venu Holding Corporation (NYSEAMERICAN:VENU) Stock

Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 1,674 shares of the company's stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $12.88, for a total transaction of $21,561.12. Following the sale, the chief executive officer owned 1,002,676 shares in the company, valued at $12,914,466.88. The trade was a 0.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Venu Stock Performance

Shares of VENU stock traded down $0.05 during trading hours on Friday, reaching $12.14. 25,256 shares of the stock were exchanged, compared to its average volume of 134,409. The business'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. Venu Holding Corporation has a 12-month low of $7.05 and a 12-month high of $14.75.

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 target price on the stock. Northland Capmk upgraded shares of Venu to a "strong-buy" rating in a research note on Wednesday, June 11th.

Hedge Funds Weigh In On Venu

Several hedge funds have recently added to or reduced their stakes in VENU. First Western Trust Bank purchased a new position in Venu in the first quarter valued at approximately $5,338,000. Gabelli Funds LLC purchased a new position in shares of Venu during the fourth quarter worth approximately $590,000. Focus Partners Wealth purchased a new position in shares of Venu during the fourth quarter worth approximately $589,000. Willis Investment Counsel purchased a new position in shares of Venu during the first quarter worth approximately $299,000. Finally, OMERS ADMINISTRATION Corp purchased a new position in shares of Venu during the fourth quarter worth approximately $244,000.

About Venu

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.