Yesterday, the SVP & CAO of Matador Resources (NYSE: MTDR), Robert MacAlik, bought shares of MTDR for $19.47K.
This recent transaction increases Robert MacAlik’s holding in the company by 1.57% to a total of $1.26 million.
See today’s analyst top recommended stocks >>
Based on Matador Resources’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $185 million and quarterly net profit of $59.89 million. In comparison, last year the company earned revenue of $116 million and had a net profit of $43.98 million. MTDR’s market cap is $2.83B and the company has a P/E ratio of 19.50. Currently, Matador Resources has an average volume of 1.85M.
19 different firms, including B.Riley FBR and BMO Capital, currently also have a Buy rating on the stock. Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $37.71, reflecting a -31.2% downside. Starting in February 2018, MTDR received 14 Buy ratings in a row.
The insider sentiment on Matador Resources has been positive according to 48 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Matador Resources Co. is a holding company engages in the exploration, development, production, and acquisition of oil and natural gas resources. It operates through the following segments: Exploration & Production; Midstream, and Corporate.
