Venu (NYSEAMERICAN:VENU) Director Thomas Finke Purchases 4,361 Shares of Stock

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

Venu Stock Up 2.9%

Shares of NYSEAMERICAN VENU opened at $8.21 on Tuesday. The stock has a market capitalization of $351.80 million, a P/E ratio of -6.79 and a beta of 3.40. The stock’s fifty day moving average is $10.10 and its 200 day moving average is $12.16. Venu Holding Corporation has a 52 week low of $7.05 and a 52 week high of $18.17. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.02 and a current ratio of 2.02.

Venu (NYSEAMERICAN:VENU) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.06. Venu had a negative net margin of 238.68% and a negative return on equity of 26.71%. The business had revenue of $5.38 million during the quarter, compared to analysts’ expectations of $7.43 million.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VENU. Prelude Capital Management LLC acquired a new stake in shares of Venu in the 3rd quarter valued at $444,000. First Western Trust Bank lifted its position in shares of Venu by 62.5% during the 3rd quarter. First Western Trust Bank now owns 650,120 shares of the company’s stock worth $8,328,000 after buying an additional 250,000 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Venu in the third quarter valued at about $8,878,000. Bank of America Corp DE acquired a new stake in Venu in the third quarter valued at about $77,000. Finally, Hohimer Wealth Management LLC bought a new position in Venu in the third quarter valued at about $961,000.

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.