Insider Selling: Venture Global (NYSE:VG) CAO Sells $1,552,093.00 in Stock

Venture Global, Inc. (NYSE:VGGet Free Report) CAO Sarah Blake sold 119,300 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $13.01, for a total transaction of $1,552,093.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Thursday, March 5th, Sarah Blake sold 300,000 shares of Venture Global stock. The stock was 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 shares were sold at an average price of $13.00, for a total transaction of $399,100.00.

Venture Global Stock Up 2.4%

Shares of NYSE VG opened at $13.07 on Friday. The stock has a market cap of $32.00 billion, a PE ratio of 15.20 and a beta of 5.70. The company has a current ratio of 0.93, a quick ratio of 0.87 and a debt-to-equity ratio of 3.24. Venture Global, Inc. has a 12-month low of $5.72 and a 12-month high of $19.50. The company has a 50-day moving average of $9.58 and a 200 day moving average of $9.66.

Venture Global (NYSE:VGGet Free Report) last released its earnings results on Monday, March 2nd. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.06. The business had revenue of $4.45 billion for the quarter. Venture Global had a net margin of 18.38% and a return on equity of 27.96%. Venture Global’s revenue for the quarter was up 191.7% on a year-over-year basis. As a group, sell-side analysts predict that Venture Global, Inc. will post 0.52 EPS for the current fiscal year.

Venture Global Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be given a dividend of $0.018 per share. The ex-dividend date is Monday, March 16th. This is a positive change from Venture Global’s previous quarterly dividend of $0.02. This represents a $0.07 dividend on an annualized basis and a yield of 0.6%. Venture Global’s dividend payout ratio (DPR) is 8.14%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on VG shares. Bank of America dropped their target price on Venture Global from $15.00 to $11.00 and set a “buy” rating for the company in a report on Thursday, December 11th. New Street Research set a $15.00 price target on shares of Venture Global in a research report on Tuesday, March 3rd. Citigroup upped their price objective on shares of Venture Global from $9.00 to $12.00 and gave the company a “neutral” rating in a report on Wednesday, March 4th. Weiss Ratings restated a “sell (d+)” rating on shares of Venture Global in a research report on Monday, December 29th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $13.00 target price on shares of Venture Global in a research note on Thursday, March 5th. Seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $13.10.

Read Our Latest Stock Report on Venture Global

More Venture Global News

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

  • Positive Sentiment: Venture Global’s CP2 subsidiary closed an amended and upsized project financing, improving funding certainty for the CP2 liquefaction project and lowering construction/contracting risk — a major de‑risking step for future cash flows. Venture Global Secures Landmark CP2 LNG Project Financing
  • Positive Sentiment: The company has taken final investment decision (FID) and announced it will proceed with the second phase of its CP2/Louisiana LNG export project (roughly $8.6B of capital). FID + phase‑2 commitment materially increases future revenue runway and long‑term asset base. Venture Global to proceed with second phase of CP2 LNG project
  • Positive Sentiment: RBC Capital raised its price target to $14 and upgraded to “Outperform,” signaling buy‑side support and giving the stock fresh analyst momentum. (Analyst upgrades can drive near‑term flows and sentiment.) PT Raised to $14 at RBC Capital
  • Positive Sentiment: Venture Global reiterated contractual start dates for Plaquemines Phase 1 LNG cargo deliveries (beginning Oct. 31), which supports near‑term contracted revenue and helps lock in cash flows despite volatile spot gas markets. VG Commits to Timely LNG Deliveries From Plaquemines Phase 1
  • Neutral Sentiment: MarketBeat coverage summarized recent analyst activity (mixed ratings and a consensus target ~ $13.10) and noted a small quarterly dividend disclosure with ex‑dividend/record dates — useful context but not a game changer relative to the project financing/FID news. MarketBeat VG Coverage
  • Negative Sentiment: Insider selling: CAO Sarah Blake sold sizable blocks (119,300 shares at ~$13.01 on March 12; prior sales in March totaled several hundred thousand shares). Large insider disposals can weigh on sentiment even when they may be routine or for non‑company reasons. Insider Selling: CAO Sells Stock

Institutional Trading of Venture Global

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quotient Wealth Partners LLC purchased a new position in shares of Venture Global during the third quarter worth $3,641,000. WINTON GROUP Ltd purchased a new stake in shares of Venture Global in the 3rd quarter valued at $13,632,000. Russell Investments Group Ltd. lifted its stake in Venture Global by 61.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 616,643 shares of the company’s stock worth $9,607,000 after acquiring an additional 233,978 shares in the last quarter. Ausbil Investment Management Ltd acquired a new position in Venture Global during the 3rd quarter worth about $4,706,000. Finally, Exchange Traded Concepts LLC boosted its holdings in Venture Global by 223.7% during the 3rd quarter. Exchange Traded Concepts LLC now owns 562,760 shares of the company’s stock valued at $7,986,000 after acquiring an additional 388,892 shares during the period.

About Venture Global

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Venture Global (NYSE:VG)

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