Key Points
- Director Thomas Finke purchased 4,361 shares of Venu at $7.80 on Dec. 30 for $34,015.80, bringing his holdings to 29,961 shares — a 17.04% increase in his stake.
- Venu shares opened at $8.21 and trade below their 50‑ and 200‑day moving averages ($10.10 and $12.16), with a market cap of ~$351.8M, a negative PE of -6.79, beta 3.40, and a 52‑week range of $7.05–$18.17.
- Institutional activity shows rising interest: First Western Trust increased its position to 650,120 shares (up 62.5%), Citadel Advisors initiated a roughly $8.9M stake, and other managers (Prelude, Hohimer) also added new positions.
Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) Director Thomas Finke acquired 4,361 shares of the company's stock in a transaction that occurred on Tuesday, December 30th. The stock was bought at an average cost of $7.80 per share, with a total value of $34,015.80. Following the purchase, the director owned 29,961 shares in the company, valued at $233,695.80. The trade was a 17.04% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.
Venu Stock Performance
NYSEAMERICAN VENU opened at $8.21 on Tuesday. The firm's fifty day moving average price is $10.10 and its two-hundred day moving average price is $12.16. The stock has a market cap of $351.80 million, a PE ratio of -6.79 and a beta of 3.40. 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 Holding Corporation has a fifty-two week low of $7.05 and a fifty-two week high of $18.17.
Venu (NYSEAMERICAN:VENU - Get Free Report) last released its quarterly earnings data on Friday, November 14th. The company reported ($0.15) earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.06. The company had revenue of $5.38 million for the quarter, compared to the consensus estimate of $7.43 million. Venu had a negative return on equity of 26.71% and a negative net margin of 238.68%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in VENU. Prelude Capital Management LLC bought a new position in Venu in the 3rd quarter valued at approximately $444,000. First Western Trust Bank increased its position in Venu by 62.5% in the 3rd quarter. First Western Trust Bank now owns 650,120 shares of the company's stock valued at $8,328,000 after acquiring an additional 250,000 shares during the period. Citadel Advisors LLC bought a new position in shares of Venu during the third quarter valued at $8,878,000. Bank of America Corp DE acquired a new position in shares of Venu during the third quarter worth $77,000. Finally, Hohimer Wealth Management LLC bought a new stake in shares of Venu in the third quarter worth $961,000.
About Venu
(
Get Free Report)
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.
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