Thomas Finke Acquires 54,644 Shares of Venu (NYSEAMERICAN:VENU) Stock

Venu Holding Corporation (NYSEAMERICAN:VENU) Director Thomas Finke bought 54,644 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were acquired at an average price of $1.95 per share, with a total value of $106,555.80. Following the transaction, the director owned 129,605 shares of the company’s stock, valued at $252,729.75. The trade was a 72.90% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Venu Stock Up 1.0%

Shares of NYSEAMERICAN VENU opened at $2.02 on Friday. The firm’s 50-day moving average is $2.30 and its two-hundred day moving average is $3.38. The company has a market capitalization of $113.54 million, a PE ratio of -2.17 and a beta of 3.22. Venu Holding Corporation has a 12-month low of $1.75 and a 12-month high of $13.96. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.25 and a quick ratio of 0.24.

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

Institutional Trading of Venu

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Anson Funds Management LP purchased a new stake in Venu during the 1st quarter worth about $18,233,000. Empery Asset Management LP acquired a new position in Venu in the 2nd quarter valued at about $1,164,097. Fort Point Capital Partners LLC lifted its holdings in Venu by 248.1% in the 4th quarter. Fort Point Capital Partners LLC now owns 245,103 shares of the company’s stock valued at $2,145,000 after purchasing an additional 174,684 shares in the last quarter. Cable Car Capital LP purchased a new position in Venu in the 2nd quarter valued at about $227,000. Finally, CFO4Life Group LLC acquired a new stake in shares of Venu during the 2nd quarter worth about $45,000.

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.