Matador Resources Co’s filing revealed that its EVP-Production Stetson Glenn W acquired Company’s shares for reported $23745.0 on Mar 14 ’25. In the deal valued at $47.49 per share,500 shares were bought. As a result of this transaction, Stetson Glenn W now holds 92,180 shares worth roughly $4.75 million.
Then, Ehrman Monika U bought 300 shares, generating $13,560 in total proceeds. Upon buying the shares at $45.20, the Director now owns 36,567 shares.
Before that, Macalik Robert T bought 1,200 shares. Matador Resources Co shares valued at $57,576 were divested by the EVP, Chief Accounting Officer at a price of $47.98 per share. As a result of the transaction, Macalik Robert T now holds 31,000 shares, worth roughly $1.6 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 fall -1.53% to $51.51. Over the last five days, the stock has gained 5.94%. Matador Resources Co shares have fallen nearly -8.44% since the year began. Nevertheless, the stocks have fallen -23.47% 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 $55.40, while 200 days put it at $55.91.
Levels Of Support And Resistance For MTDR Stock
The 24-hour chart illustrates a support level at 51.09, which if violated will result in even more drops to 50.68. On the upside, there is a resistance level at 52.04. A further resistance level may holdings at 52.58. The Relative Strength Index (RSI) on the 14-day chart is 50.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.90, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.15%. Stochastics %K at 88.69% indicates the stock is a selling.
How much short interest is there in Matador Resources Co?
A steep rise in short interest was recorded in Matador Resources Co stocks on 2025-02-28, dropping by -0.22 million shares to a total of 6.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 6.56 million shares. There was a decline of -3.54%, which implies that there is a negative sentiment for the stock.
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.
