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Robert B. Pender, Executive Co-Chairman and Founder of Venture Global, Inc. (NASDAQ:VG), recently acquired a significant number of shares in the company. This insider purchase comes as the stock has declined nearly 60% over the past year, according to InvestingPro data. According to a recent SEC filing, Mr. Pender purchased 200,385 shares of Class A Common Stock on March 11, 2025. The acquisition was made at a weighted average price of $9.86 per share, with individual transaction prices ranging from $9.55 to $10.26. The total value of this purchase amounts to approximately $1.98 million. Following this transaction, Mr. Pender’s direct ownership in the company increased to 450,385 shares. With analyst price targets ranging from $11 to $20 and the company currently showing a weak financial health score, investors can access comprehensive insider trading analysis and 15 additional key insights through InvestingPro’s detailed research reports.
In other recent news, Venture Global has been the subject of several analyst revisions following its latest earnings and guidance updates. Citi analysts have lowered their price target for Venture Global to $11 from $18, citing anticipated declines in cash flow and a lower-than-expected EBITDA guidance for 2025. Similarly, Mizuho (NYSE:MFG) Securities adjusted their price target to $18 from $25, though they maintain an Outperform rating, noting the company’s medium-term prospects are still promising despite recent challenges. Bernstein SocGen also reduced their target to $12 from $18, pointing out that Venture Global’s inaugural earnings report showed EBITDA projections below market expectations.
Guggenheim analysts revised their price target to $20 from $27, maintaining a Buy rating despite the company’s earnings report missing consensus estimates. They highlighted that while positive developments such as progress at the Plaquemines project exist, these were overshadowed by rising costs and a weakening commodity market. The analysts from Guggenheim and other firms acknowledge the potential for Venture Global’s projects but note the impact of current market conditions and operational challenges. Across the board, analysts have adjusted their financial models to reflect updated commodity prices and operational expenses, indicating a cautious yet hopeful outlook for Venture Global’s future performance.
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