Matador Resources Co’s Director, Robert Gaines Baty, purchased 500 shares of the company at a price of $51.44 each on June 15, investing a total of $25,720. This insider buying activity comes amid a trading day where shares of Matador were available for as low as $47.84, approximately 7.0% cheaper than Baty’s recent purchase price. As of today, shares are up about 3.9%, with the last trade recorded at $48.92.
Matador’s 52-week price range has seen lows of $37.14 and highs of $66.84. The company provides an annualized dividend of $1.50 per share, with the next ex-dividend date set for August 10, 2026. Matador Resources is also included in the AGF U.S. Market Neutral Anti-Beta Fund ETF (Symbol: BTAL), comprising 5.37% of the fund.
In addition, over the past six months, multiple insiders, including the Chairman and CEO Joseph Wm Foran, have made significant stock purchases, with the most recent aggregate investments showcasing varying share prices and total values, further indicating insider confidence in the firm’s future.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
