Venu Holding Co.'s Lock-Up Period Set To End on May 26th (NYSEAMERICAN:VENU)

Venu's (NYSEAMERICAN:VENU - Get Free Report) lock-up period will end on Monday, May 26th. Venu had issued 1,200,000 shares in its public offering on November 27th. The total size of the offering was $12,000,000 based on an initial share price of $10.00. After the expiration of the company's lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Venu Trading Down 2.8%

Shares of VENU traded down $0.25 during mid-day trading on Friday, hitting $8.84. The company's stock had a trading volume of 6,411 shares, compared to its average volume of 26,122. Venu has a one year low of $7.05 and a one year high of $11.15. The business has a 50-day moving average of $8.46.

Institutional Investors Weigh In On Venu

Several hedge funds have recently made changes to their positions in VENU. Bard Associates Inc. bought a new position in shares of Venu in the fourth quarter valued at approximately $1,861,000. Gabelli Funds LLC bought a new position in Venu during the 4th quarter worth about $590,000. Bleichroeder LP bought a new position in Venu in the fourth quarter valued at $183,000. Focus Partners Wealth bought a new position in Venu in the fourth quarter valued at approximately $589,000. Finally, OMERS ADMINISTRATION Corp bought a new position in shares of Venu in the 4th quarter valued at about $244,000.

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.