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ARLINGTON, VA—Robert Pender, the Executive Co-Chairman and Founder of Venture Global, Inc. (NASDAQ:VG), recently acquired a significant amount of the company’s stock. According to a recent SEC filing, Pender purchased 250,000 shares of Class A Common Stock at a price of $9.37 per share. This transaction, completed on March 10, 2025, amounts to a total value of approximately $2.34 million. The purchase comes as the stock trades near its 52-week low of $8.62, having declined over 62% in the past year. According to InvestingPro analysis, the stock appears overvalued at current levels.
This acquisition increases Pender’s direct ownership of Venture Global stock to 250,000 shares. The transaction reflects Pender’s continued commitment to the company, where he also serves as the Executive Co-Chairman of the Board of Directors. The $21.65 billion market cap company maintains profitability with earnings per share of $0.57, though it operates with a significant debt burden, as evidenced by a debt-to-equity ratio of 10.29. For deeper insights into Venture Global’s financials and 16 additional key ProTips, visit InvestingPro.
Venture Global, based in Arlington, Virginia, operates in the natural gas distribution sector and is incorporated in Delaware.
In other recent news, Venture Global’s fourth-quarter 2024 earnings report and 2025 guidance have led to several adjustments in analyst price targets. Mizuho (NYSE:MFG) Securities lowered its price target for Venture Global from $25 to $18, citing adjusted EBITDA guidance that fell short by approximately $2 billion. Despite this, Mizuho maintained an Outperform rating, highlighting the company’s operational strengths and potential expansions. Similarly, Bernstein SocGen cut their price target to $12, noting that Venture Global’s EBITDA projections for 2025 did not meet expectations, with guidance 20% below previous estimates.
Guggenheim analysts also revised their price target from $27 to $20, maintaining a Buy rating despite acknowledging challenges such as rising costs and a weakening commodity market. They noted positive developments at the Plaquemines project, although these were overshadowed by capital cost inflation. Goldman Sachs followed suit, reducing their price target to $20 from $29, while also retaining a Buy rating. They emphasized the progress at the Plaquemines facility and the potential for increased contracting levels, though they expressed concerns over global gas margins and development expenses.
These recent developments reflect a cautious yet optimistic outlook among analysts, who continue to support Venture Global’s long-term potential despite near-term setbacks.
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