Venu Holding Corporation (NYSEAMERICAN:VENU) Director David Lavigne Sells 3,263 Shares

Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) Director David Lavigne sold 3,263 shares of the stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $11.92, for a total value of $38,894.96. Following the completion of the transaction, the director owned 172,299 shares of the company's stock, valued at $2,053,804.08. The trade was a 1.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

David Lavigne also recently made the following trade(s):

• On Wednesday, June 25th, David Lavigne sold 2,459 shares of Venu stock. The stock was sold at an average price of $11.95, for a total value of $29,385.05.
• On Tuesday, June 24th, David Lavigne sold 221 shares of Venu stock. The shares were sold at an average price of $13.05, for a total transaction of $2,884.05.
• On Tuesday, June 24th, David Lavigne sold 555 shares of Venu stock. The shares were sold at an average price of $13.05, for a total transaction of $7,242.75.
• On Monday, June 23rd, David Lavigne sold 505 shares of Venu stock. The shares were sold at an average price of $13.44, for a total transaction of $6,787.20.
• On Monday, June 23rd, David Lavigne sold 724 shares of Venu stock. The stock was sold at an average price of $13.44, for a total transaction of $9,730.56.

Venu Price Performance

Venu stock traded up $0.47 during midday trading on Monday, hitting $11.79. 38,566 shares of the company's stock were exchanged, compared to its average volume of 134,991. The firm's 50 day simple moving average is $9.72 and its 200 day simple moving average is $9.54. Venu Holding Corporation has a 12-month low of $7.05 and a 12-month high of $14.75. The company has a current ratio of 2.72, a quick ratio of 2.70 and a debt-to-equity ratio of 0.39.

Hedge Funds Weigh In On Venu

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC purchased a new stake in Venu during the 1st quarter valued at approximately $92,000. Cypress Capital Management LLC WY acquired a new position in shares of Venu in the first quarter valued at approximately $104,000. North Capital Inc. purchased a new stake in shares of Venu during the first quarter worth approximately $112,000. Exchange Traded Concepts LLC acquired a new stake in shares of Venu during the first quarter worth $171,000. Finally, Bleichroeder LP purchased a new position in Venu in the 4th quarter valued at $183,000.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Northland Capmk raised Venu to a "strong-buy" rating in a research report on Wednesday, June 11th. Northland Securities initiated coverage on Venu in a research note on Wednesday, June 11th. They set an "outperform" rating and a $15.00 target price on the stock.

Venu Company Profile

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.