Venu (NYSEAMERICAN:VENU) Director Acquires $34,015.80 in Stock

Venu Holding Corporation (NYSEAMERICAN:VENU) Director Thomas Finke bought 4,361 shares of Venu stock in a transaction on Tuesday, December 30th. The shares were acquired at an average price of $7.80 per share, for a total transaction of $34,015.80. Following the completion of the acquisition, the director owned 29,961 shares in the company, valued at $233,695.80. This represents a 17.04% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Venu Stock Up 2.9%

Shares of NYSEAMERICAN:VENU traded up $0.23 during trading on Monday, hitting $8.21. The company’s stock had a trading volume of 190,027 shares, compared to its average volume of 131,013. Venu Holding Corporation has a fifty-two week low of $7.05 and a fifty-two week high of $18.17. The business has a 50 day moving average price of $10.10 and a two-hundred day moving average price of $12.16. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.02 and a current ratio of 2.02. The company has a market capitalization of $351.80 million, a PE ratio of -6.79 and a beta of 3.40.

Venu (NYSEAMERICAN:VENU) last released its earnings results on Friday, November 14th. The company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.06. Venu had a negative return on equity of 26.71% and a negative net margin of 238.68%.The firm had revenue of $5.38 million during the quarter, compared to analyst estimates of $7.43 million.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in VENU. Pallas Capital Advisors LLC grew its holdings in Venu by 95.2% during the 2nd quarter. Pallas Capital Advisors LLC now owns 40,666 shares of the company’s stock worth $479,000 after acquiring an additional 19,833 shares in the last quarter. Altus Wealth Group LLC purchased a new stake in shares of Venu during the 2nd quarter worth $236,000. North Capital Inc. lifted its position in shares of Venu by 23.7% during the 2nd quarter. North Capital Inc. now owns 15,031 shares of the company’s stock worth $177,000 after purchasing an additional 2,879 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Venu in the second quarter valued at $33,000. Finally, Exchange Traded Concepts LLC purchased a new position in Venu in the third quarter valued at $190,000.

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.