Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Matador Resources Co shares valued at $32,263 were purchased by Baty Robert Gaines on Mar 04 ’25. At $46.09 per share, Baty Robert Gaines acquired 700 shares. The insider’s holdings grew to 68,317 shares worth approximately $3.12 million following the completion of this transaction.
Also, Baribault Reynald purchased 300 shares, netting a total of over 13,980 in proceeds. Following the buying of shares at $46.60 each, the insider now holds 116,118 shares.
Before that, Appel Shelley F had added 200 shares to its account. In a trade valued at $9,176, the Director bought Matador Resources Co shares for $45.88 each. Upon closing the transaction, the insider’s holdings increased to 200 shares, worth approximately $2.66 million.
As published in their initiating research note from Morgan Stanley on January 10, 2025, Matador Resources Co [MTDR] has been an Equal-weight and the price target has been revised to $78. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in early January. As of July 25, 2024, CapitalOne has increased its “an Equal weight” rating to a “an Overweight” for MTDR. Earlier on July 18, 2024, Wolfe Research initiated its rating. Their recommendation was “a Peer perform” for MTDR stock.
Analyzing MTDR Stock Performance
During the last five days, there has been a drop of approximately -12.30%. Over the course of the year, Matador Resources Co shares have dropped approximately -18.73%. Shares of the company reached a 52-week high of $64.04 on 01/15/25 and a 52-week low of $43.89 on 03/05/25. A 50-day SMA is recorded $57.10, while a 200-day SMA reached $56.68.
Support And Resistance Levels for Matador Resources Co (MTDR)
According to the 24-hour chart, there is a support level at 44.41, which, if violated, would cause prices to drop to 43.11. In the upper region, resistance lies at 46.50. The next price resistance is at 47.29. RSI (Relative Strength Index) is 19.90 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.30, which suggests the price will decrease in the coming days. Percent R is at 88.06%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
