Jonathan Thayer Sells 2,611,111 Shares of Venture Global (NYSE:VG) Stock

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

Venture Global Stock Up 9.6%

Shares of NYSE VG opened at $15.67 on Friday. The stock has a market capitalization of $38.36 billion, a price-to-earnings ratio of 18.22 and a beta of 5.70. Venture Global, Inc. has a 52 week low of $5.72 and a 52 week high of $19.50. The firm has a 50-day moving average price of $10.28 and a 200 day moving average price of $9.72. The company has a quick ratio of 0.87, a current ratio of 0.93 and a debt-to-equity ratio of 3.24.

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 the consensus estimate 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 for the quarter. The business’s quarterly revenue was up 191.7% compared to the same quarter last year. Equities research analysts anticipate that Venture Global, Inc. will post 0.52 EPS for the current fiscal year.

Venture Global Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders 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 0.5%. Venture Global’s dividend payout ratio (DPR) is presently 8.14%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VG. Hsbc Holdings PLC bought a new stake in Venture Global in the fourth quarter valued at about $90,000. Rockefeller Capital Management L.P. raised its stake in Venture Global by 218.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,421 shares of the company’s stock valued at $30,000 after buying an additional 3,031 shares in the last quarter. Corient Private Wealth LLC bought a new position in Venture Global during the 4th quarter worth approximately $104,000. Caitong International Asset Management Co. Ltd lifted its holdings in Venture Global by 1,614.1% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 33,631 shares of the company’s stock worth $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 4th quarter worth approximately $531,000.

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

Several research firms have recently issued reports on VG. Weiss Ratings raised Venture Global from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. JPMorgan Chase & Co. cut shares of Venture Global from an “overweight” rating to a “neutral” rating and increased their price objective for the company from $10.00 to $11.00 in a research note on Tuesday, January 27th. Morgan Stanley began coverage on shares of Venture Global in a report on Tuesday, February 24th. They set an “underweight” rating and a $8.00 target price for the company. Wall Street Zen cut shares of Venture Global from a “hold” rating to a “sell” rating in a research report on Saturday, March 14th. Finally, Citigroup upped their price target 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. Seven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Venture Global currently has an average rating of “Hold” and a consensus target price of $13.57.

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.