Diamondback Energy Inc’s filing revealed that its Officer Van’t Hof Matthew Kaes acquired Company’s shares for reported $1.43 million on May 12 ’25. In the deal valued at $142.69 per share,10,000 shares were bought.
Then, Tsuru Frank D. bought 2,000 shares, generating $313,020 in total proceeds. Upon buying the shares at $156.51, the Director now owns 5,730 shares.
Before that, Diamondback Energy, Inc. bought 12,500,000 shares. Diamondback Energy Inc shares valued at $50,000,000 were divested by the Director at a price of $4.00 per share. As a result of the transaction, Diamondback Energy, Inc. now holds 14,500,000 shares, worth roughly $2.07 billion.
BofA Securities also remained covering FANG and has increased its forecast on April 29, 2025 with a “Buy” recommendation from previously “Neutral” rating. Citigroup revised its rating on April 07, 2025. It rated FANG as “a Buy” which previously was an “a Neutral”.
Price Performance Review of FANG
On Monday, Diamondback Energy Inc [NASDAQ:FANG] saw its stock jump 3.65% to $142.92. Over the last five days, the stock has gained 7.39%. Diamondback Energy Inc shares have fallen nearly -12.76% since the year began. Nevertheless, the stocks have fallen -28.77% over the past one year. While a 52-week high of $212.93 was reached on 01/17/25, a 52-week low of $114.00 was recorded on 04/09/25. SMA at 50 days reached $141.94, while 200 days put it at $168.48.
Levels Of Support And Resistance For FANG Stock
The 24-hour chart illustrates a support level at 140.74, which if violated will result in even more drops to 138.57. On the upside, there is a resistance level at 146.42. A further resistance level may holdings at 149.93. The Relative Strength Index (RSI) on the 14-day chart is 55.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.41, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.15%. Stochastics %K at 75.81% indicates the stock is a holding.
