Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) CEO Jay W. Roth sold 2,304 shares of the stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $12.39, for a total value of $28,546.56. Following the completion of the sale, the chief executive officer owned 9,247,699 shares in the company, valued at approximately $114,578,990.61. The trade was a 0.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Venu Price Performance
NYSEAMERICAN:VENU traded up $0.40 during midday trading on Thursday, hitting $12.40. The stock had a trading volume of 33,440 shares, compared to its average volume of 49,800. Venu Holding Corporation has a one year low of $7.05 and a one year high of $14.75. The stock has a 50-day moving average of $10.80 and a 200 day moving average of $9.76. 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
Several hedge funds and other institutional investors have recently bought and sold shares of VENU. Bard Associates Inc. increased its holdings in shares of Venu by 3.8% in the 1st quarter. Bard Associates Inc. now owns 211,090 shares of the company's stock valued at $1,953,000 after acquiring an additional 7,700 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Venu in the 1st quarter valued at $92,000. Cypress Capital Management LLC WY purchased a new position in shares of Venu in the 1st quarter valued at $104,000. North Capital Inc. purchased a new position in shares of Venu in the 1st quarter valued at $112,000. Finally, Exchange Traded Concepts LLC purchased a new position in shares of Venu in the 1st quarter valued at $171,000.
Wall Street Analyst Weigh In
VENU has been the topic of several recent analyst reports. Northland Securities initiated coverage on Venu in a report on Wednesday, June 11th. They issued an "outperform" rating and a $15.00 price target on the stock. Northland Capmk upgraded Venu to a "strong-buy" rating in a report on Wednesday, June 11th.
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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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