Cheniere Energy Inc (LNG): Greg W. Rayford , Sr. VP and General Counsel of Cheniere Energy Inc sold 10,000 shares on Apr 15, 2016. The Insider selling transaction was reported by the company on Apr 19, 2016 to the Securities and Exchange Commission. The shares were sold at $37.54 per share for a total value of $373,089.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 17, 2016, Greg W. Rayford (Sr. VP and General Counsel) sold 30,000 shares at $36.41 per share price.On Dec 23, 2015, Vicky A Bailey (director) sold 15,997 shares at $35.92 per share price.Also, On Dec 22, 2015, Carl C Icahn (10% owner) purchased 2,500 shares at $35.88 per share price.On Dec 17, 2015, Charif Souki (director) sold 50,000 shares at $40.04 per share price.
Shares of Cheniere Energy (LNG) ended Monday, Apr 18, 2016 session in red amid volatile trading. The shares closed down -0.23 points or -0.62% at $36.9 with 34,45,852 shares getting traded. Post opening the session at $35.66, the shares hit an intraday low of $35.1 and an intraday high of $37.35 and the price vacillated in this range throughout the day. The company has a market cap of $8,694 M and the number of outstanding shares has been calculated to be 23,56,15,090 shares. The 52-week high of Cheniere Energy is $79.98 and the 52-week low is $22.8.
Company has been under the radar of several Street Analysts.Cheniere Energy is Initiated by JP Morgan to Overweight. The Rating was issued on Mar 4, 2016.Cheniere Energy is Upgraded by Goldman to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 23, 2016.
Currently the company Insiders own 4.2% of Cheniere Energy shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -5.91%.Institutional Investors own 94.47% of Cheniere Energy shares.During last six month period, the net percent change held by insiders has seen a change of -17.29%.
Cheniere Energy Inc. is an energy company engaged in Liquefied natural gas (LNG) businesses. The Company operates through two segments: LNG terminal business and LNG and natural gas marketing business The Company owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners L.P. (Cheniere Partners) which is a publicly traded limited partnership. The Company owns 100% of the general partner interest in Cheniere Partners and 80.1% of Cheniere Energy Partners LP Holdings LLC (Cheniere Holdings) which is a publicly traded limited liability company that owns a 55.9% limited partner interest in Cheniere Partners. The Company is engaged in the development of two LNG terminal projects: the Sabine Pass LNG terminal in western Cameron Parish Louisiana and the Corpus Christi LNG terminal near Corpus Christi Texas.