VENU
INSIDER BUYVenu Holding Corporation
Research: Finviz ↗·Perplexity ↗
No convergence signal this quarter — shown because tracked funds have filed 13D/G on this stock.
News Summary
NegativeVENU reported modest revenue growth (+7% YoY to $8.5M H1) but posted a $34.2M net loss with significant operating losses ($26.8M) and high cash burn ($9.4M operational + $132.9M capex). While the company is advancing $1.5B in development projects and benefiting from Russell 2000 inclusion, it faces a critical financing challenge: burning through limited cash ($16.3M on hand) while heavily dependent on completing C-PACE financing and sale-leaseback transactions to fund completion of venues.
Red flags
- •Net loss of $34.2M on only $8.55M revenue in H1 2026 — loss-to-revenue ratio of 4:1 indicates severe unprofitability
- •Accumulated deficit now $123.1M and growing rapidly; company has never been profitable
- •Cash position of only $16.3M against $132.9M capex run-rate in H1 — critical liquidity dependency on financing closures
- •Event ticketing and amphitheater net profits declining YoY despite development pipeline; core business model showing weakness
- •FY2026 guidance projects -$1.15 EPS loss and only $18.9M revenue — implies continued large net losses
- •High execution risk: depends on completing C-PACE and sale-leaseback financing to avoid dilution; any financing delays threaten cash runway
- •Q2 net loss of $18M vs Q2 revenue of only $4.8M shows deteriorating unit economics quarter-over-quarter
Insider Activity
Fund 13D/13G Filings (2)
Tracked funds' beneficial-ownership filings on this stock — disclosed within days of a position change, fresher than the quarterly 13F. Since Filing compares the stock to SPY from the filing date (shown for filings within the last 90 days).
| Fund | Form | ∆ Shares | % of Class | Since Filing | Filed | Src |
|---|---|---|---|---|---|---|
| Citadel Advisors | SC 13G/A | — | 3.8% | -1.3% vs SPY -3.0% abs | 2026-08-14 | ↗ |
| Citadel Advisors | SC 13G | NEW | 6.4% | — | 2026-03-17 | ↗ |