Cheniere Energy, Inc. (LNG) Insider Jack A. Fusco Buys 23,750 Shares of Stock

Cheniere Energy, Inc. (NYSE:LNG) insider Jack A. Fusco acquired 23,750 shares of the business’s stock in a transaction on Monday, September 11th. The stock was acquired at an average price of $42.32 per share, for a total transaction of $1,005,100.00. Following the acquisition, the insider now owns 399,985 shares of the company’s stock, valued at approximately $16,927,365.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Cheniere Energy, Inc. (NYSE LNG) opened at 42.19 on Wednesday. The company’s market cap is $9.81 billion. Cheniere Energy, Inc. has a 52 week low of $35.07 and a 52 week high of $51.41. The stock has a 50 day moving average of $43.14 and a 200 day moving average of $46.17.

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Several institutional investors have recently modified their holdings of LNG. Capstone Asset Management Co. purchased a new position in shares of Cheniere Energy in the 1st quarter worth approximately $230,000. Waldron LP grew its position in shares of Cheniere Energy by 2.3% in the 1st quarter. Waldron LP now owns 6,550 shares of the energy company’s stock worth $309,000 after buying an additional 150 shares during the last quarter. ProShare Advisors LLC grew its position in shares of Cheniere Energy by 9.9% in the 1st quarter. ProShare Advisors LLC now owns 20,514 shares of the energy company’s stock worth $970,000 after buying an additional 1,841 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew its position in shares of Cheniere Energy by 16.8% in the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 9,769 shares of the energy company’s stock worth $462,000 after buying an additional 1,402 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its position in shares of Cheniere Energy by 20.5% in the 1st quarter. Advisors Asset Management Inc. now owns 29,700 shares of the energy company’s stock worth $1,404,000 after buying an additional 5,051 shares during the last quarter.

LNG has been the topic of a number of recent research reports. ValuEngine cut shares of Cheniere Energy from a “hold” rating to a “sell” rating in a report on Friday, September 1st. BidaskClub downgraded shares of Cheniere Energy from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Morgan Stanley downgraded shares of Cheniere Energy from an “overweight” rating to an “equal weight” rating and set a $50.00 target price on the stock. in a research note on Tuesday, June 13th. Zacks Investment Research upgraded shares of Cheniere Energy from a “hold” rating to a “strong-buy” rating and set a $56.00 target price on the stock in a research note on Tuesday, July 4th. Finally, Scotiabank set a $52.00 target price on shares of Cheniere Energy and gave the stock a “buy” rating in a research note on Friday, July 21st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $54.08.

About Cheniere Energy

Cheniere Energy, Inc (Cheniere) is an energy company primarily engaged in liquefied natural gas (LNG)-related businesses. The Company operates through two segments: LNG terminal business, and LNG and natural gas marketing business. Its LNG terminal segment consists of the Sabine Pass and Corpus Christi LNG terminals.

Insider Buying and Selling by Quarter for Cheniere Energy (NYSE:LNG)

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