Venture Global, Inc. (NYSE:VG – Get Free Report) insider Thomas Earl sold 1,000,000 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $11.83, for a total transaction of $11,830,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Venture Global Price Performance
VG stock opened at $11.39 on Wednesday. The firm has a 50 day simple moving average of $9.23 and a two-hundred day simple moving average of $9.65. The stock has a market cap of $27.89 billion, a PE ratio of 13.25 and a beta of 5.70. Venture Global, Inc. has a one year low of $5.72 and a one year high of $19.50. The company has a debt-to-equity ratio of 3.24, a current ratio of 0.93 and a quick ratio of 0.87.
Venture Global (NYSE:VG – Get Free Report) last posted its quarterly earnings data on Monday, March 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.06. Venture Global had a net margin of 18.38% and a return on equity of 27.96%. The company had revenue of $4.45 billion during the quarter. The firm’s quarterly revenue was up 191.7% on a year-over-year basis. On average, analysts predict that Venture Global, Inc. will post 0.52 EPS for the current fiscal year.
Venture Global Increases Dividend
Venture Global News Summary
Here are the key news stories impacting Venture Global this week:
- Positive Sentiment: Company assurance on deliveries: Venture Global told customers its Plaquemines Phase 1 export plant will deliver contracted LNG on schedule and at agreed prices, reducing short‑term delivery and contract‑price risk amid geopolitical uncertainty. Venture Global pledges on-time LNG deliveries
- Positive Sentiment: Operational results: the company beat EPS estimates for the quarter (reported March 2) and posted strong revenue growth year‑over‑year, reinforcing near‑term earnings momentum and analyst forecasts.
- Positive Sentiment: Options/flow signal: unusual activity — ~23,032 call options bought (≈+17% vs. normal), signaling short‑term speculative/positioning interest to the upside and higher trading focus on VG shares.
- Neutral Sentiment: Dividend and corporate items: a small quarterly cash dividend was declared (record/ex‑dividend dates in March) — a modest cash return that may influence short‑term flows around the ex‑date but is unlikely to materially change fundamentals.
- Neutral Sentiment: Analyst stance: mixed ratings and price targets (consensus around ~$12.90) — some upgrades/target raises but also underweight/hold views, leaving street sentiment balanced overall.
- Negative Sentiment: Large insider selling — Thomas Earl sold 1,000,000 shares at about $11.83 on March 9 (≈$11.8M), a sizeable block that can increase selling pressure and weigh on intraday liquidity. Thomas Earl SEC filing
- Negative Sentiment: Additional insider sales — CAO Sarah Blake sold large tranches recently (300,000 shares at ~ $11.85 on March 5 and a separate sale of 30,700 shares), which adds to market concern about insider liquidity needs or portfolio rebalancing. Sarah Blake SEC filing
Analysts Set New Price Targets
A number of brokerages have commented on VG. Wells Fargo & Company increased their price target on shares of Venture Global from $8.00 to $10.00 and gave the company an “equal weight” rating in a research report on Thursday, March 5th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $11.00 price objective on shares of Venture Global in a research note on Wednesday, January 28th. Scotiabank set a $9.00 target price on shares of Venture Global in a report on Friday, January 16th. Zacks Research upgraded shares of Venture Global from a “strong sell” rating to a “hold” rating in a research report on Friday, February 13th. Finally, Morgan Stanley assumed coverage on shares of Venture Global in a research report on Tuesday, February 24th. They set an “underweight” rating and a $8.00 price target for the company. Seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $12.90.
Read Our Latest Stock Report on VG
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada purchased a new stake in Venture Global during the 1st quarter valued at $2,150,000. Integrated Wealth Concepts LLC bought a new stake in Venture Global in the 1st quarter worth $152,000. NewEdge Advisors LLC purchased a new position in shares of Venture Global in the first quarter valued at about $460,000. Prospera Financial Services Inc bought a new position in shares of Venture Global during the second quarter valued at about $419,000. Finally, Allworth Financial LP bought a new position in shares of Venture Global during the second quarter valued at about $63,000.
Venture Global Company Profile
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.
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