Venture Global’s executive co-chairman Robert Pender acquires $2.39 million in shares

Venture Global, Inc. (NASDAQ:VG) Executive Co-Chairman Robert Pender recently made notable stock purchases, acquiring a total of 231,500 shares of Class A Common Stock. The transactions, disclosed in a recent SEC filing, were completed on March 13, 2025, coming at a time when the stock has declined nearly 60% over the past year. According to InvestingPro data, the stock’s RSI indicates oversold conditions.

Pender purchased 169,983 shares at a price range between $9.60 and $10.59 per share, amounting to a total of approximately $1.73 million. Additionally, he acquired another 61,517 shares at prices ranging from $10.60 to $10.88 per share, totaling around $658,000. These transactions collectively represent an investment of about $2.39 million in the $24.8 billion market cap company, whose stock currently trades at $9.68, near its 52-week low of $8.62.

Following these purchases, Pender’s direct ownership in Venture Global now stands at 951,385 shares. As a key figure in the company, holding the titles of Executive Co-Chairman, Founder, and Executive Co-Chairman of the Board of Directors, Pender’s increased stake may attract attention from investors monitoring insider activity. For deeper insights into VG’s valuation and 16 additional exclusive ProTips, visit InvestingPro.

In other recent news, Venture Global has seen several adjustments to its financial outlook and stock ratings following its latest earnings report and guidance updates. The company announced an EBITDA guidance for 2025 that fell short of expectations, prompting Citi to lower its price target from $18 to $11, citing anticipated declines in cash flow and adjusted EBITDA estimates. Mizuho (NYSE:MFG) also revised its price target for Venture Global, cutting it to $18 from $25, while maintaining an Outperform rating, suggesting confidence in the company’s operational strengths despite recent challenges.

Bernstein SocGen reduced their price target to $12 from $18, retaining a Market Perform rating, influenced by Venture Global’s inaugural earnings report that missed market expectations. They noted the company’s plans for expansion at the Plaquemines facility, which aims for a final investment decision by mid-2027. Guggenheim also adjusted their outlook, lowering the price target to $20 from $27, while keeping a Buy rating, following the company’s earnings miss and lower-than-expected 2025 guidance.

Guggenheim analysts highlighted Venture Global’s progress at the Plaquemines project, though overshadowed by capital cost inflation concerns. The company has been navigating a weakening merchant commodity market and rising costs, which have impacted its financial performance. Despite these setbacks, Venture Global’s management remains optimistic about future demand outpacing supply, particularly as the CP2 project advances toward its final investment decision.

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