Jonathan Thayer Sells 611,112 Shares of Venture Global (NYSE:VG) Stock

Venture Global, Inc. (NYSE:VG) CFO Jonathan Thayer sold 611,112 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $14.04, for a total transaction of $8,580,012.48. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Venture Global Trading Up 9.6%

NYSE VG opened at $15.67 on Friday. The firm’s fifty day moving average is $10.28 and its two-hundred day moving average is $9.72. 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 quick ratio of 0.87 and a current ratio of 0.93. The firm has a market cap of $38.36 billion, a PE ratio of 18.22 and a beta of 5.70.

Venture Global (NYSE:VG) last released its quarterly earnings results 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 return on equity of 27.96% and a net margin of 18.38%.The firm had revenue of $4.45 billion for the quarter. Venture Global’s quarterly revenue was up 191.7% compared to the same quarter last year. Analysts expect that Venture Global, Inc. will post 0.52 earnings per share 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 paid a $0.018 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $0.07 annualized dividend and a 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 presently 8.14%.

Key Headlines Impacting Venture Global

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

• Positive Sentiment: Geopolitical supply shock: reports that Iran strikes may shut a material portion of Qatar’s LNG capacity boosted expectations for tighter global LNG supply — a direct tailwind for U.S. exporters like Venture Global. Cheniere, Venture Global shares surge amid Iran attacks on Qatar LNG infrastructure
• Positive Sentiment: Analyst upgrade and price target lift: Bank of America raised its price target to $16 and maintains a Buy rating, helping lift sentiment and broker-driven flows. Benzinga
• Positive Sentiment: Large financing reported: coverage that Venture Global secured an ~ $8.6B financing package supports project funding and reduces near‑term capital risk — a major positive for execution of expansion projects. Venture Global (VG) Stock Jumps 14.5% Following Massive $8.6B Financing Deal
• Positive Sentiment: Analyst/market momentum: several upgrades and coverage pieces drove an intraday rally and raised short‑term interest in the name. Venture Global (NYSE:VG) Shares Up 7.3% Following Analyst Upgrade
• Neutral Sentiment: Research caution: some outlets note the recent large moves on heavy volume and warn that earnings/estimate revisions could limit further upside near term. Venture Global (VG) Soars 14.5%: Is Further Upside Left in the Stock?
• Negative Sentiment: Heavy insider selling: multiple SEC filings show CAO Sarah Blake and CFO Jonathan Thayer (and other executives) sold large blocks of stock March 18–19 (sales in the millions to tens of millions of dollars), which can create selling pressure and raise investor questions about timing and insider conviction. Sarah Blake Sells 200,000 Shares Top Executives Quietly Unload Massive Blocks SEC filing (Thayer sale)

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on VG shares. Royal Bank Of Canada raised their price objective on shares of Venture Global from $11.00 to $14.00 and gave the company an “outperform” rating in a research report on Friday, March 13th. UBS Group reduced their price target on Venture Global from $18.00 to $16.00 and set a “buy” rating for the company in a report on Thursday, January 22nd. Morgan Stanley initiated coverage on Venture Global in a research note on Tuesday, February 24th. They issued an “underweight” rating and a $8.00 price target on the stock. New Street Research set a $15.00 price objective on Venture Global in a report on Tuesday, March 3rd. Finally, Zacks Research upgraded Venture Global from a “strong sell” rating to a “hold” rating in a research report on Friday, February 13th. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $13.57.

Hedge Funds Weigh In On Venture Global

Institutional investors have recently made changes to their positions in the stock. Hsbc Holdings PLC purchased a new position in Venture Global in the 4th quarter valued at about $90,000. Rockefeller Capital Management L.P. grew its holdings in shares of Venture Global by 218.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,421 shares of the company’s stock worth $30,000 after buying an additional 3,031 shares in the last quarter. Corient Private Wealth LLC purchased a new stake in shares of Venture Global during the fourth quarter worth about $104,000. Caitong International Asset Management Co. Ltd raised its position in shares of Venture Global by 1,614.1% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 33,631 shares of the company’s stock valued at $229,000 after buying an additional 31,669 shares during the last quarter. Finally, Alpine Global Management LLC acquired a new position in shares of Venture Global in the fourth quarter valued at approximately $531,000.

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.