UBS cuts Brent crude oil forecasts
Director Stephen Joseph Cominsky of Venu Holding Corp (NASDAQ: VENU) sold 93 shares of common stock on July 11, 2025. The shares were sold at a price of $12.20, for a total transaction value of $1134. The sale comes as VENU shares have declined nearly 8% over the past week, though the stock has shown strong momentum with a 29% gain over the last six months. According to InvestingPro analysis, the company currently maintains a market capitalization of $472 million. Following the transaction, Cominsky directly owns 67,049 shares of Venu Holding Corp. While the company is not currently profitable, with a loss per share of $0.90 over the last twelve months, InvestingPro subscribers can access 13 additional key insights and a comprehensive Pro Research Report that provides deep-dive analysis of VENU’s financial health and valuation metrics.
In other recent news, Venu Holding Corporation announced several strategic developments. The company has launched an 8.0% convertible Preferred Stock offering, allowing both accredited and non-accredited investors to participate. This initiative is part of Venu’s strategy to expand its ownership model in the growing live entertainment market. Additionally, Venu has entered into a long-term management agreement with Aramark Sports + Entertainment, which includes an equity investment. Aramark will manage services at several Venu locations, enhancing guest experiences. Venu has also formed a three-year partnership with Billboard to collaborate on live music initiatives, including the creation of a new Disruptor Award. The company continues its expansion with ongoing projects for new amphitheaters in Texas and Oklahoma. Furthermore, Venu has appointed Tom Ashley as President of VENU Real Estate and Development to lead its national expansion efforts. These recent developments align with Venu’s strategy to strengthen its organizational structure and deliver value for shareholders.
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