Ameriprise Financial, one of the largest shareholders of Venture Corp, has further added to its stake.
On Aug 19, Ameriprise paid an average of $13.28 for 98,300 shares, paying a total of just over $1.3 million.
This brings its stake in Venture to more than 20.22 million shares, equivalent to 7.03%, up from 6.996% previously.
Despite reporting lower earnings for its 1HFY2025 ended June, several analysts have upgraded the stock, with a view that Venture will enjoy better prospects ahead.
From the recent low of $10.40 in early April, Venture shares have gained around 30%.
It closed at $13.42 on Aug 22, up 0.83% for the day.
