Venu Holding Corporation (NYSEAMERICAN:VENU) Director Sells $72,972.90 in Stock

Venu Holding Corporation (NYSEAMERICAN:VENU) Director David Lavigne sold 6,435 shares of Venu stock in a transaction on Friday, June 27th. The shares were sold at an average price of $11.34, for a total transaction of $72,972.90. Following the completion of the transaction, the director directly owned 165,864 shares in the company, valued at $1,880,897.76. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, June 30th, David Lavigne sold 2,390 shares of Venu stock. The stock was sold at an average price of $11.32, for a total transaction of $27,054.80.
• On Thursday, June 26th, David Lavigne sold 3,263 shares of Venu stock. The shares were sold at an average price of $11.92, for a total transaction of $38,894.96.
• On Wednesday, June 25th, David Lavigne sold 2,459 shares of Venu stock. The shares were sold at an average price of $11.95, for a total transaction of $29,385.05.
• On Tuesday, June 24th, David Lavigne sold 221 shares of Venu stock. The stock was sold at an average price of $13.05, for a total value 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 value 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 value 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 value of $9,730.56.

Venu Price Performance

VENU opened at $12.49 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.72 and a quick ratio of 2.70. Venu Holding Corporation has a 12 month low of $7.05 and a 12 month high of $14.75. The business has a 50 day simple moving average of $9.88 and a 200-day simple moving average of $9.58.

Institutional Investors Weigh In On Venu

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bard Associates Inc. grew its stake in shares of Venu by 3.8% during the 1st quarter. Bard Associates Inc. now owns 211,090 shares of the company’s stock worth $1,953,000 after purchasing an additional 7,700 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Venu in the first quarter valued at about $92,000. Cypress Capital Management LLC WY purchased a new stake in Venu during the first quarter worth about $104,000. North Capital Inc. acquired a new position in Venu during the first quarter worth about $112,000. Finally, Exchange Traded Concepts LLC purchased a new position in Venu in the first quarter valued at about $171,000.

Wall Street Analysts Forecast Growth

VENU has been the subject of a number of analyst reports. Northland Securities assumed coverage on shares of Venu in a research report on Wednesday, June 11th. They set an “outperform” rating and a $15.00 price objective for the company. Northland Capmk upgraded shares of Venu to a “strong-buy” rating in a research 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.