Insider Selling: Venture Global (NYSE:VG) CAO Sells 200,000 Shares of Stock

Venture Global, Inc. (NYSE:VG) CAO Sarah Blake sold 200,000 shares of Venture Global stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $16.00, for a total value of $3,200,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Sarah Blake also recently made the following trade(s):

• On Thursday, March 12th, Sarah Blake sold 119,300 shares of Venture Global stock. The shares were sold at an average price of $13.01, for a total transaction of $1,552,093.00.
• On Thursday, March 5th, Sarah Blake sold 300,000 shares of Venture Global stock. The shares were sold at an average price of $11.85, for a total transaction of $3,555,000.00.
• On Monday, March 9th, Sarah Blake sold 30,700 shares of Venture Global stock. The stock was sold at an average price of $13.00, for a total transaction of $399,100.00.

Venture Global Trading Down 3.7%

VG traded down $0.55 during trading on Thursday, hitting $14.30. The company’s stock had a trading volume of 100,819,566 shares, compared to its average volume of 18,159,691. Venture Global, Inc. has a twelve month low of $5.72 and a twelve month high of $19.50. The firm’s 50 day moving average price is $9.97 and its 200-day moving average price is $9.67. The company has a debt-to-equity ratio of 3.24, a current ratio of 0.93 and a quick ratio of 0.87. The stock has a market cap of $35.01 billion, a PE ratio of 16.63 and a beta of 5.70.

Venture Global (NYSE:VG) last announced its quarterly earnings data on Monday, March 2nd. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.06. Venture Global had a return on equity of 27.96% and a net margin of 18.38%.The business had revenue of $4.45 billion during the quarter. The firm’s quarterly revenue was up 191.7% compared to the same quarter last year. On average, analysts expect that Venture Global, Inc. will post 0.52 earnings per share for the current year.

Venture Global Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a dividend of $0.018 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Venture Global’s previous quarterly dividend of $0.02. Venture Global’s dividend payout ratio is currently 8.14%.

Analyst Ratings Changes

VG has been the subject of a number of recent analyst reports. Wall Street Zen downgraded shares of Venture Global from a “hold” rating to a “sell” rating in a report on Saturday, March 14th. New Street Research set a $15.00 price target on shares of Venture Global in a report on Tuesday, March 3rd. Zacks Research upgraded Venture Global from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. Scotiabank increased their target price on Venture Global from $9.00 to $11.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Finally, Citigroup lifted their target price on Venture Global from $9.00 to $12.00 and gave the company a “neutral” rating in a report on Wednesday, March 4th. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $13.23.

Key Venture Global News

Here are the key news stories impacting Venture Global this week:

• Positive Sentiment: Qatar LNG supply shock: Reports that attacks may remove ~20% of Qatar’s LNG output for up to five years lifted sentiment across U.S. LNG names, benefiting Venture Global as a potential supply alternative. Cheniere, Venture Global shares surge amid Iran attacks on Qatar LNG infrastructure
• Positive Sentiment: Big financing announced: Coverage says a roughly $8.6B financing package related to Venture Global’s growth helped drive the intraday rally by de‑risking project funding and expansion plans. Venture Global (VG) Stock Jumps 14.5% Following Massive $8.6B Financing Deal
• Positive Sentiment: Project progress / market narrative: Coverage noting Venture Global’s next project moving forward combined with Middle East supply fears pushed the stock to multi‑month highs as investors rotated into LNG producers. Venture Global’s next big LNG bet moves forward amid Middle East supply fears – VG stock hits 5-month high
• Neutral Sentiment: Momentum / analyst view: Short‑term momentum coverage noted the 14.5% surge but warned that recent earnings‑estimate revisions could limit further upside near term. Venture Global (VG) Soars 14.5%: Is Further Upside Left in the Stock?
• Neutral Sentiment: Recent financials provide support: The company beat EPS in its March quarter and reported large year‑over‑year revenue growth, which underpins a higher trading multiple but also contributes to elevated expectations. (Earnings release)
• Negative Sentiment: Large insider sales disclosed: CFO Jonathan W. Thayer sold 611,112 shares (avg $14.04) on 3/18 and 2,611,111 shares (avg $16.08) on 3/19; CAO Sarah Blake sold 200,000 shares (avg $16.00) on 3/19. These sizable insider dispositions are likely adding selling pressure and fueling profit‑taking after the spike. SEC filing – Thayer sales SEC filing – Blake sale

Hedge Funds Weigh In On Venture Global

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. purchased a new stake in Venture Global during the 2nd quarter worth $26,000. MAI Capital Management acquired a new position in shares of Venture Global during the third quarter worth about $29,000. Delos Wealth Advisors LLC purchased a new stake in shares of Venture Global in the second quarter worth about $45,000. UMB Bank n.a. grew its stake in shares of Venture Global by 161.2% in the third quarter. UMB Bank n.a. now owns 2,949 shares of the company’s stock valued at $42,000 after buying an additional 1,820 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in shares of Venture Global by 1,750.0% in the fourth quarter. Blue Trust Inc. now owns 3,700 shares of the company’s stock valued at $25,000 after buying an additional 3,500 shares in the last quarter.

About Venture Global

Venture Global (NYSE: VG) is a Houston-based energy company that develops, constructs and operates large-scale liquefied natural gas (LNG) export facilities in the United States. The company focuses on converting domestically produced natural gas into LNG for shipment to international markets, positioning itself as a supplier of pipeline-quality gas in vessel-ready form for global customers.

Venture Global’s core activities include site development, engineering and construction of liquefaction and export terminals, commissioning and ongoing operations of those facilities, and commercial marketing of LNG under both long-term and short-term contracts.