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

Venu Holding Corporation (NYSEAMERICAN:VENU) Director Thomas Finke acquired 15,000 shares of the stock in a transaction dated Tuesday, May 26th. The shares were bought at an average price of $3.74 per share, for a total transaction of $56,100.00. Following the transaction, the director owned 44,961 shares in the company, valued at approximately $168,154.14. This represents a 50.07% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Venu Stock Performance

VENU stock opened at $2.88 on Monday. The company has a market capitalization of $171.19 million, a PE ratio of -3.10 and a beta of 3.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.90 and a current ratio of 0.90. Venu Holding Corporation has a one year low of $2.61 and a one year high of $18.17. The company’s 50 day moving average price is $3.67 and its two-hundred day moving average price is $5.48.

Venu (NYSEAMERICAN:VENU) last announced 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 analysts’ expectations of $3.75 million.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. bought a new stake in shares of Venu in the 2nd quarter valued at about $33,000. EverSource Wealth Advisors LLC lifted its position in Venu by 199.8% in the third quarter. EverSource Wealth Advisors LLC now owns 3,001 shares of the company’s stock valued at $38,000 after purchasing an additional 2,000 shares during the last quarter. Bank of America Corp DE bought a new position in shares of Venu in the third quarter worth approximately $77,000. Apollon Wealth Management LLC bought a new position in shares of Venu in the fourth quarter worth approximately $88,000. Finally, Balyasny Asset Management L.P. purchased a new position in shares of Venu in the fourth quarter worth $91,000.

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.