Venu Holding Corporation (NYSEAMERICAN:VENU) CEO Sells $17,110.59 in Stock

Venu Holding Corporation (NYSEAMERICAN:VENU) CEO Jay W. Roth sold 1,381 shares of the company’s stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $12.39, for a total value of $17,110.59. Following the completion of the sale, the chief executive officer owned 1,006,087 shares in the company, valued at approximately $12,465,417.93. This represents a 0.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Venu Price Performance

Shares of VENU opened at $12.79 on Friday. The business’s 50-day moving average is $9.99 and its two-hundred day moving average is $9.60. Venu Holding Corporation has a fifty-two week low of $7.05 and a fifty-two week high of $14.75. The company has a quick ratio of 2.70, a current ratio of 2.72 and a debt-to-equity ratio of 0.39.

Analyst Ratings Changes

Several analysts have commented on VENU shares. Northland Capmk upgraded shares of Venu to a “strong-buy” rating in a research note on Wednesday, June 11th. Northland Securities began coverage on shares of Venu in a research note on Wednesday, June 11th. They issued an “outperform” rating and a $15.00 price objective on the stock.

Institutional Trading of Venu

Hedge funds have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC purchased a new position in Venu during the first quarter valued at approximately $92,000. Cypress Capital Management LLC WY purchased a new stake in Venu in the 1st quarter worth approximately $104,000. North Capital Inc. purchased a new stake in Venu in the 1st quarter worth approximately $112,000. Exchange Traded Concepts LLC acquired a new stake in shares of Venu during the 1st quarter worth approximately $171,000. Finally, Bleichroeder LP purchased a new position in shares of Venu during the 4th quarter valued at approximately $183,000.

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.