Venu (NYSEAMERICAN:VENU) Director Thomas Finke Purchases 15,000 Shares of Stock

Venu Holding Corporation (NYSEAMERICAN:VENU) Director Thomas Finke purchased 15,000 shares of Venu stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average price of $3.74 per share, with a total value of $56,100.00. Following the acquisition, the director directly owned 44,961 shares of the company’s stock, valued at $168,154.14. This trade represents a 50.07% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Venu Price Performance

Shares of NYSEAMERICAN VENU opened at $2.98 on Tuesday. The business’s 50 day moving average price is $3.66 and its two-hundred day moving average price is $5.43. The company has a market cap of $177.13 million, a PE ratio of -3.20 and a beta of 3.00. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.22. Venu Holding Corporation has a twelve month low of $2.61 and a twelve month high of $18.17.

Venu (NYSEAMERICAN:VENU) last released its quarterly earnings data on Friday, May 15th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.05). Venu had a negative net margin of 217.24% and a negative return on equity of 19.66%. The business had revenue of $3.90 million during the quarter, compared to analyst estimates of $3.75 million.

Hedge Funds Weigh In On Venu

Several institutional investors and hedge funds have recently modified their holdings of VENU. Raymond James Financial Inc. acquired a new stake in shares of Venu during the 2nd quarter worth about $33,000. Vanguard Group Inc. grew its stake in Venu by 56.9% in the 3rd quarter. Vanguard Group Inc. now owns 1,351,910 shares of the company’s stock valued at $17,318,000 after buying an additional 489,999 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Venu by 199.8% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,001 shares of the company’s stock valued at $38,000 after buying an additional 2,000 shares during the last quarter. Hohimer Wealth Management LLC bought a new position in Venu in the 3rd quarter valued at about $961,000. Finally, Bank of America Corp DE bought a new position in Venu in the 3rd quarter valued at about $77,000.

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.