The CEO-led buying cluster at ~$51 is a modest but genuine bullish signal. Monitor for any upcoming corporate announcements (earnings, asset sales, or operational updates) that may have prompted the purchases. Given the small dollar size relative to market cap, this is a tactical signal rather than a transformative one — watch for follow-on buying or a Form 4 filing from additional C-suite members to confirm conviction.
Price Chart
Executive Summary
Matador Resources CEO Joseph Foran and EVP William Elsener made open-market purchases totaling ~$203K on August 10-11, 2026, at prices between $50.94-$51.68. This insider buying cluster, led by the Chairman/CEO, represents a modest 0.003% of the $6.5B market cap and is a small but notable signal of insider conviction at current valuation levels, especially given the company's strong analyst consensus (81% bullish).
Key Financial Metrics
Key Facts
- CEO Joseph Foran purchased 3,839 shares total (~$196K) on Aug 10-11 at $51.04-$51.68
- EVP William Elsener purchased 850 shares (~$43K) at $50.94 on Aug 10
- Director Kenneth Stewart gifted 9,400 shares ($0 value, non-cash) on Aug 10
- Total open-market buying: ~$240K across 2 C-suite insiders, 0.003% of $6.5B market cap
- Analyst consensus is 81% bullish (22 Buy, 5 Hold, 0 Sell)
Financial Impact
~$240K in insider open-market purchases, representing 0.003% of market cap
Risk Factors
- Insider purchases are small relative to market cap (0.003%) and may not reflect a strong conviction signal
- Director gift of 9,400 shares (non-cash) could indicate estate planning or tax management, not a directional signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MTDR-1786611836555 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 4d ago | 8-K | $56.79 | awaiting T+60 | — | $59.96 (+5.58%) |
Oct 5, 2026 21d ago | 8-K | $53.01 | awaiting T+60 | — | $59.96 (+13.11%) |
Aug 31, 2026 8w ago | Insider Cluster | $58.01 | awaiting T+60 | — | $59.96 (+3.36%) |
Aug 14, 2026 10w ago | Insider Cluster | $53.69 | awaiting T+60 | — | $59.96 (+11.68%) |
Aug 12, 2026 10w ago | Insider Cluster | $52.51 | awaiting T+60 | — | $59.96 (+14.19%) |
Jul 24, 2026 13w ago | 8-K | $50.81 $57.38 | ▲ +12.93% | ▲ +9.64% | $59.96 (+18.01%) |
Jun 17, 2026 18w ago | Insider Cluster | $49.56 $61.18 | ▲ +23.45% | ▲ +21.55% | $59.96 (+20.98%) |
Jun 16, 2026 18w ago | 8-K | $50.40 $61.05 | ▲ +21.13% | ▲ +17.98% | $59.96 (+18.97%) |
Jun 11, 2026 19w ago | Institutional Cluster | $53.62 $59.15 | ▲ +10.31% | ▲ +5.92% | $59.96 (+11.82%) |
Jun 11, 2026 19w ago | Insider Cluster | $53.62 $59.15 | ▲ +10.31% | ▲ +5.92% | $59.96 (+11.82%) |
US Market Status
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