512,818 Shares in Venu Holding Corporation $VENU Bought by Empery Asset Management LP

Empery Asset Management LP purchased a new position in Venu Holding Corporation (NYSEAMERICAN:VENU) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 512,818 shares of the company’s stock, valued at approximately $1,164,097. Venu comprises approximately 0.0% of Empery Asset Management LP’s holdings, making the stock its 12th largest position. Empery Asset Management LP owned 0.87% of Venu at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of VENU. Anson Funds Management LP acquired a new position in Venu in the first quarter valued at $18,233,000. Fort Point Capital Partners LLC boosted its stake in Venu by 248.1% in the 4th quarter. Fort Point Capital Partners LLC now owns 245,103 shares of the company’s stock worth $2,145,000 after purchasing an additional 174,684 shares during the period. State Street Corp grew its position in shares of Venu by 13.3% in the fourth quarter. State Street Corp now owns 130,290 shares of the company’s stock valued at $1,097,000 after purchasing an additional 15,323 shares during the last quarter. Prelude Capital Management LLC acquired a new stake in shares of Venu during the 3rd quarter worth about $444,000. Finally, ExodusPoint Capital Management LP bought a new position in shares of Venu in the 4th quarter worth $313,000.

Insider Activity

In other Venu news, Director Thomas M. Finke bought 54,644 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were purchased at an average price of $1.95 per share, for a total transaction of $106,555.80. Following the transaction, the director directly owned 129,605 shares of the company’s stock, valued at approximately $252,729.75. This represents a 72.90% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders acquired 66,114 shares of company stock valued at $133,717. 34.20% of the stock is owned by corporate insiders.

Venu Stock Performance

NYSEAMERICAN:VENU traded down $0.06 during mid-day trading on Friday, hitting $1.95. 229,210 shares of the stock were exchanged, compared to its average volume of 423,712. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.24 and a current ratio of 0.25. Venu Holding Corporation has a fifty-two week low of $1.75 and a fifty-two week high of $13.96. The stock has a market capitalization of $109.33 million, a price-to-earnings ratio of -2.09 and a beta of 3.22. The firm’s 50-day simple moving average is $2.32 and its 200 day simple moving average is $3.39.

Venu (NYSEAMERICAN:VENU) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by ($0.01). The company had revenue of $4.80 million for the quarter, compared to analysts’ expectations of $4.80 million. Venu had a negative return on equity of 21.05% and a negative net margin of 248.60%.

Venu 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.