The CEO, CFO, and COO all buying within a 3-day window is a rare alignment of C-suite conviction, even if the dollar amounts are small relative to market cap. Per the asymmetry rule, cluster buys (especially C-suite) carry stronger signal than cluster sells. Monitor for any upcoming operational catalysts (earnings, production update) that may have prompted this buying.
Price Chart
Executive Summary
Three top executives at Matador Resources (CEO, CFO, COO) made open-market purchases totaling ~$132K over a 3-day window, with the CEO alone buying ~$270K across two transactions.
Key Financial Metrics
Key Facts
- CEO Joseph Foran purchased 5,157 shares total (~$270K) on May 27 and May 29
- CFO Christopher Calvert purchased 1,500 shares ($79,860) on May 29
- COO Glenn Stetson purchased 500 shares ($26,970) on May 28
- Total cluster value: ~$132K (excluding CEO's earlier buy), ~0.002% of $7.0B market cap
- All transactions were open-market purchases (code P), not grants or exercises
- No insider sales in the cluster window
Financial Impact
~$132K in insider purchases over 3 days, representing 0.002% of market cap
Risk Factors
- Dollar amounts are tiny relative to market cap — could be routine portfolio rebalancing
- No accompanying corporate news or catalyst identified in the cluster window
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-1780400045688 |
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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