When a company’s top brass puts their money where their mouth is, it’s like peering through a financial looking glass. Insider buys are windows into executives’ beliefs about their own company – a bet on a future blooming with possibilities. Joseph Wm Foran, the CEO at Matador Resources Co (Symbol: MTDR), made a splash with a hefty $219.4K investment across 2 significant purchases.
Insider Trading Details
Foran’s stock acquisition journey began on 11/16/2023 with 2,000 shares bought at $55.40 per share, totaling $110,800.00. It continued on 12/06/2023 with another 2,000 shares purchased at $54.30 per share, amounting to $108,600.00. The average cost per share for Foran stands at $54.85.
Market Overview
As of the latest check, Matador Resources Co shares were trading at $67.82, slightly edging up by about 0.1% on Thursday. The one-year performance chart of MTDR shares compared to its 200-day moving average indicates resilience and potential amid market fluctuations.
Dividend Perspective
Matador Resources Co currently offers an annualized dividend of $0.8/share paid quarterly. The most recent dividend ex-date was 02/22/2024. Examining the long-term dividend history chart unveils insights into the company’s dividend-paying trends, hinting at stability and growth.
Exploring Further Insights
For more revelations on top insider buys by the company’s “top brass,” delve deeper into intriguing investment strategies and market moves.
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Also see:
- Top Dividends
- Insulet DMA
- IFF Dividend History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
