Jay W. Roth Sells 18,046 Shares of Venu Holding Corporation (NYSEAMERICAN:VENU) Stock

Venu Holding Corporation (NYSEAMERICAN:VENU) CEO Jay W. Roth sold 18,046 shares of the company’s stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $13.05, for a total value of $235,500.30. Following the sale, the chief executive officer now owns 9,292,076 shares of the company’s stock, valued at approximately $121,261,591.80. This trade represents a 0.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Venu Trading Up 2.0%

Shares of VENU opened at $11.93 on Friday. The company has a current ratio of 2.72, a quick ratio of 2.70 and a debt-to-equity ratio of 0.39. Venu Holding Corporation has a one year low of $7.05 and a one year high of $14.75. The company’s fifty day moving average price is $9.58 and its 200 day moving average price is $9.52.

Hedge Funds Weigh In On Venu

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Northland Securities began coverage on Venu in a report on Wednesday, June 11th. They issued an “outperform” rating and a $15.00 target price for the company. Northland Capmk upgraded Venu to a “strong-buy” rating in a report on Wednesday, June 11th.

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.