Venu Holding Corporation (NYSEAMERICAN:VENU) CEO Jay W. Roth Sells 18,418 Shares

Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 18,418 shares of the firm's stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $13.44, for a total transaction of $247,537.92. Following the sale, the chief executive officer now directly owns 9,310,122 shares of the company's stock, valued at $125,128,039.68. This trade represents a 0.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Venu Stock Up 2.0%

NYSEAMERICAN VENU traded up $0.23 on Thursday, reaching $11.93. 58,403 shares of the stock were exchanged, compared to its average volume of 48,805. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.72 and a quick ratio of 2.70. Venu Holding Corporation has a one year low of $7.05 and a one year high of $14.75. The company's 50-day simple moving average is $9.50 and its two-hundred day simple moving average is $9.50.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Focus Partners Wealth purchased a new stake in Venu in the 4th quarter worth $589,000. Willis Investment Counsel purchased a new position in shares of Venu during the first quarter valued at about $299,000. Exchange Traded Concepts LLC bought a new stake in shares of Venu in the first quarter worth about $171,000. Gabelli Funds LLC purchased a new stake in shares of Venu in the fourth quarter worth about $590,000. Finally, Bard Associates Inc. purchased a new stake in shares of Venu in the fourth quarter worth about $1,861,000.

Analyst Upgrades and Downgrades

VENU has been the subject of a number of research analyst reports. Northland Capmk upgraded shares of Venu to a "strong-buy" rating in a research note 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 target price on the stock.

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.