Venture Global (NYSE:VG) CFO Sells $41,986,664.88 in Stock

Venture Global, Inc. (NYSE:VG) CFO Jonathan Thayer sold 2,611,111 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $16.08, for a total value of $41,986,664.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Venture Global Trading Down 3.7%

Shares of VG stock traded down $0.55 during trading hours on Thursday, hitting $14.30. 100,819,566 shares of the company were exchanged, compared to its average volume of 18,159,691. The firm has a market cap of $35.01 billion, a P/E ratio of 16.63 and a beta of 5.70. Venture Global, Inc. has a fifty-two week low of $5.72 and a fifty-two week high of $19.50. The company has a 50 day simple moving average of $9.97 and a two-hundred day simple moving average of $9.67. The company has a debt-to-equity ratio of 3.24, a quick ratio of 0.87 and a current ratio of 0.93.

Venture Global (NYSE:VG) last issued 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. Venture Global had a return on equity of 27.96% and a net margin of 18.38%.The company had revenue of $4.45 billion for the quarter. The firm’s revenue for the quarter was up 191.7% compared to the same quarter last year. Equities analysts anticipate that Venture Global, Inc. will post 0.52 EPS for the current year.

Venture Global Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued 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 yield of 0.5%. This is a positive change from Venture Global’s previous quarterly dividend of $0.02. Venture Global’s payout ratio is presently 8.14%.

Key Headlines Impacting Venture Global

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

Analyst Ratings Changes

VG has been the topic of several research analyst reports. JPMorgan Chase & Co. lowered shares of Venture Global from an “overweight” rating to a “neutral” rating and lifted their price objective for the stock from $10.00 to $11.00 in a research report on Tuesday, January 27th. Bank of America reduced their target price on shares of Venture Global from $15.00 to $11.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. Wall Street Zen lowered shares of Venture Global from a “hold” rating to a “sell” rating in a research note on Saturday, March 14th. US Capital Advisors raised shares of Venture Global to a “moderate sell” rating in a report on Monday, December 15th. Finally, Raymond James Financial reissued an “outperform” rating and set a $13.00 price objective on shares of Venture Global in a report on Thursday, March 5th. Seven investment 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, Venture Global has an average rating of “Hold” and a consensus price target of $13.23.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Blue Trust Inc. grew its position in Venture Global by 1,750.0% in the fourth quarter. Blue Trust Inc. now owns 3,700 shares of the company’s stock worth $25,000 after acquiring an additional 3,500 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in Venture Global during the second quarter valued at about $26,000. MAI Capital Management bought a new stake in Venture Global during the third quarter worth about $29,000. Harbour Investments Inc. purchased a new position in shares of Venture Global in the 4th quarter worth about $29,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Venture Global by 218.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,421 shares of the company’s stock worth $30,000 after purchasing an additional 3,031 shares in the last quarter.

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.