Matador Resources Co’s recently made public that its EVP, Chief Accounting Officer Macalik Robert T acquired Company’s shares for reported $57576.0 on Mar 05 ’25. In the deal valued at $47.98 per share,1,200 shares were bought. As a result of this transaction, Macalik Robert T now holds 31,000 shares worth roughly $1.4 million.
Then, PARKER TIMOTHY E. bought 2,000 shares, generating $89,340 in total proceeds. Upon buying the shares at $44.67, the Director now owns 83,790 shares.
Before that, Baty Robert Gaines bought 700 shares. Matador Resources Co shares valued at $32,263 were divested by the Director at a price of $46.09 per share. As a result of the transaction, Baty Robert Gaines now holds 68,317 shares, worth roughly $3.09 million.
Morgan Stanley initiated its Matador Resources Co [MTDR] rating to an Equal-weight in a research note published on January 10, 2025; the price target was $78. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early January from “a Peer perform” to “an Outperform”. CapitalOne also remained covering MTDR and has increased its forecast on July 25, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Wolfe Research started covering the stock on July 18, 2024. It rated MTDR as “a Peer perform”.
Price Performance Review of MTDR
On Friday, Matador Resources Co [NYSE:MTDR] saw its stock jump 1.07% to $45.27. Over the last five days, the stock has lost -13.51%. Matador Resources Co shares have fallen nearly -19.53% since the year began. Nevertheless, the stocks have fallen -27.98% over the past one year. While a 52-week high of $71.08 was reached on 01/15/25, a 52-week low of $43.89 was recorded on 03/05/25. SMA at 50 days reached $56.79, while 200 days put it at $56.51.
Levels Of Support And Resistance For MTDR Stock
The 24-hour chart illustrates a support level at 44.39, which if violated will result in even more drops to 43.52. On the upside, there is a resistance level at 46.68. A further resistance level may holdings at 48.10. The Relative Strength Index (RSI) on the 14-day chart is 21.35, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.00%. Stochastics %K at 8.94% indicates the stock is a buying.
The most recent change occurred on June 21, 2024 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $83 price target.
