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Venture Global, Inc. (NASDAQ:VG) Chief Executive Officer, Founder, and Executive Co-Chairman of the Board, Michael Sabel, recently expanded his holdings in the company. The insider purchase comes as the stock trades near oversold levels according to InvestingPro technical indicators, following a 57% decline over the past year. According to a recent SEC filing, Sabel purchased a total of 269,500 shares of Venture Global’s Class A Common Stock on March 12. The transactions were executed at a weighted average price range between $10.25 and $10.67 per share, resulting in a total investment of approximately $2.8 million. Following these acquisitions, Sabel now directly owns 719,885 shares of the company. The $23.4 billion market cap company has shown recent momentum with a 13% gain over the past week, though analysts note its significant debt burden. Get deeper insights into insider trading patterns and 15+ additional ProTips with InvestingPro’s comprehensive research reports.
In other recent news, Venture Global has seen a series of analyst adjustments following its financial updates and earnings reports. Citi analysts have revised their price target for Venture Global shares to $11 from $18, citing anticipated declines in cash flow and lower-than-expected EBITDA guidance for 2025. Mizuho (NYSE:MFG) Securities also lowered its price target to $18 from $25 but maintained an Outperform rating, noting that the market reaction to the company’s recent financial update might have been overly severe. Meanwhile, Bernstein SocGen adjusted their price target to $12 from $18, maintaining a Market Perform rating due to Venture Global’s inaugural earnings report that fell short of market expectations.
Guggenheim analysts have also revised their price target for Venture Global, reducing it to $20 from $27 while keeping a Buy rating. The adjustments come after Venture Global’s fourth-quarter 2024 earnings report, which missed consensus estimates, and the company’s 2025 guidance, which was set below expectations. Despite these challenges, Guggenheim acknowledged positive developments such as the progress at the Plaquemines project, although these were overshadowed by capital cost inflation. Analysts noted that the company’s performance was impacted by a weakening merchant commodity market and rising costs.
Venture Global has announced plans for an 18.6 million tonnes per annum expansion project at Plaquemines, with a final investment decision expected by mid-2027. The company has also highlighted its sensitivity to commodity price changes, with significant impacts on EBITDA for every variation in liquefaction fees. Despite the recent setbacks, some analysts remain optimistic about Venture Global’s long-term potential, citing the company’s operational strengths and future project developments.
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