Insider Selling: Venture Global (NYSE:VG) CAO Sells $3,200,000.00 in Stock

Venture Global, Inc. (NYSE:VG) CAO Sarah Blake sold 200,000 shares of the stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $16.00, for a total value of $3,200,000.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Thursday, March 12th, Sarah Blake sold 119,300 shares of Venture Global stock. The stock was sold at an average price of $13.01, for a total value of $1,552,093.00.
• On Thursday, March 5th, Sarah Blake sold 300,000 shares of Venture Global stock. The shares were sold at an average price of $11.85, for a total value of $3,555,000.00.
• On Monday, March 9th, Sarah Blake sold 30,700 shares of Venture Global stock. The stock was sold at an average price of $13.00, for a total value of $399,100.00.

Venture Global Price Performance

Shares of NYSE VG opened at $15.67 on Friday. The company has a debt-to-equity ratio of 3.24, a current ratio of 0.93 and a quick ratio of 0.87. The firm has a market capitalization of $38.36 billion, a PE ratio of 18.22 and a beta of 5.70. Venture Global, Inc. has a 1-year low of $5.72 and a 1-year high of $19.50. The business’s fifty day moving average price is $10.28 and its two-hundred day moving average price is $9.70.

Venture Global (NYSE:VG) last announced its quarterly earnings results on Monday, March 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.06. The company had revenue of $4.45 billion during 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% compared to the same quarter last year. On average, research analysts expect that Venture Global, Inc. will post 0.52 EPS for the current 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 paid a dividend of $0.018 per share. This represents a $0.07 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Monday, March 16th. This is a positive change from Venture Global’s previous quarterly dividend of $0.02. Venture Global’s dividend payout ratio (DPR) is presently 8.14%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VG. Blue Trust Inc. increased its stake in shares of Venture Global by 1,750.0% during the fourth quarter. Blue Trust Inc. now owns 3,700 shares of the company’s stock valued at $25,000 after acquiring an additional 3,500 shares during the period. Northwestern Mutual Wealth Management Co. bought a new stake in Venture Global during the second quarter worth approximately $26,000. MAI Capital Management acquired a new stake in Venture Global in the third quarter worth approximately $29,000. Harbour Investments Inc. bought a new position in Venture Global during the 4th quarter valued at $29,000. Finally, Rockefeller Capital Management L.P. boosted its stake in Venture Global by 218.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,421 shares of the company’s stock valued at $30,000 after purchasing an additional 3,031 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on VG shares. Weiss Ratings raised Venture Global from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Wall Street Zen raised Venture Global from a “sell” rating to a “hold” rating in a report on Sunday. JPMorgan Chase & Co. downgraded Venture Global from an “overweight” rating to a “neutral” rating and lifted their target price for the company from $10.00 to $11.00 in a research note on Tuesday, January 27th. Morgan Stanley started coverage on Venture Global in a research report on Tuesday, February 24th. They set an “underweight” rating and a $8.00 price target for the company. Finally, Raymond James Financial reissued an “outperform” rating and issued a $13.00 price target on shares of Venture Global in a research note on Thursday, March 5th. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $13.57.

More Venture Global News

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)

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.