Venture Global, Inc. (NYSE:VG – Get Free Report) COO Brian Cothran sold 152,660 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $16.15, for a total transaction of $2,465,459.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Venture Global Trading Down 4.0%
Shares of VG opened at $14.69 on Thursday. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.19 and a quick ratio of 1.11. Venture Global, Inc. has a 1-year low of $5.72 and a 1-year high of $17.62. The stock has a market cap of $36.71 billion, a price-to-earnings ratio of 11.56, a price-to-earnings-growth ratio of 0.61 and a beta of 0.26. The firm has a 50 day simple moving average of $13.96 and a 200-day simple moving average of $13.24.
Venture Global (NYSE:VG – Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. The firm had revenue of $4.58 billion for the quarter. Venture Global had a return on equity of 34.08% and a net margin of 21.24%. Equities analysts forecast that Venture Global, Inc. will post 1.69 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: Long-term LNG demand strengthened: Venture Global signed a 20-year agreement with China Gas Holdings for 0.5 million metric tons per annum of LNG beginning in 2030. The deal increases China Gas’s total commitments to 2.5 MTPA and improves future revenue visibility. Venture Global secures 20 years of new LNG demand
- Positive Sentiment: Momentum and institutional interest remain supportive: Zacks identified VG as a strong momentum stock, while D.E. Shaw disclosed a 5.4% passive stake. These developments may reinforce investor confidence in the stock’s recent performance. Why Venture Global is a strong momentum stock D.E. Shaw discloses a passive stake in Venture Global
- Neutral Sentiment: Analyst sentiment is positive but not strongly bullish: Analysts maintain an average “Moderate Buy” rating with an average target of $16.13. Scotiabank has a “Sector Perform” rating and a $16 target, while its FY2027 EPS estimate of $1.27 is below the broader consensus, signaling potential earnings-growth concerns. Venture Global receives a Moderate Buy rating Venture Global gas markets and guidance
- Negative Sentiment: Executive share sale may weigh on sentiment: COO Brian Cothran sold 152,660 shares for approximately $2.47 million at an average price of $16.15. Although the sale does not establish a change in fundamentals, it can encourage profit-taking concerns after VG’s strong rally. Venture Global COO sells shares
Hedge Funds Weigh In On Venture Global
Several institutional investors have recently added to or reduced their stakes in VG. Bank of America Corp DE boosted its stake in Venture Global by 135.6% in the 1st quarter. Bank of America Corp DE now owns 4,174,444 shares of the company’s stock worth $65,789,000 after buying an additional 2,402,771 shares during the last quarter. Catalyst Capital Advisors LLC increased its stake in shares of Venture Global by 1.7% during the 1st quarter. Catalyst Capital Advisors LLC now owns 2,918,823 shares of the company’s stock valued at $46,001,000 after acquiring an additional 47,425 shares during the last quarter. Cohen & Steers Inc. lifted its holdings in shares of Venture Global by 4.6% during the 4th quarter. Cohen & Steers Inc. now owns 4,963,166 shares of the company’s stock worth $33,849,000 after acquiring an additional 219,505 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Venture Global by 104.6% during the 1st quarter. Renaissance Technologies LLC now owns 2,046,840 shares of the company’s stock worth $32,258,000 after acquiring an additional 1,046,300 shares during the period. Finally, Rubric Capital Management LP acquired a new stake in shares of Venture Global in the first quarter worth approximately $23,640,000.
Analysts Set New Price Targets
A number of analysts recently commented on VG shares. Zacks Research upgraded Venture Global from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 10th. Raymond James Financial reaffirmed an “outperform” rating and set a $16.00 price target on shares of Venture Global in a research note on Wednesday, May 20th. Scotiabank lifted their price target on shares of Venture Global from $15.00 to $16.00 and gave the stock a “sector perform” rating in a report on Thursday, September 10th. US Capital Advisors set a $13.00 price objective on shares of Venture Global in a research report on Friday, May 29th. Finally, Weiss Ratings downgraded shares of Venture Global from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $16.13.
Check Out Our Latest Stock Report on Venture Global
Venture Global Company Profile
Venture Global, Inc is a liquefied natural gas (LNG) company that develops, constructs and operates LNG export facilities in the United States. The company sources natural gas from domestic markets, liquefies it at its coastal facilities and supplies LNG to customers in international markets.
Venture Global’s operating and development portfolio is concentrated along the U.S. Gulf Coast. Its Calcasieu Pass LNG facility in Louisiana has entered commercial operations, while its Plaquemines LNG project in Louisiana is being developed and brought into service.
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