Director Box Frank Damon bought 5,000 shares of DMLP at $21.96, raising holding to 9,000 shares (+125.0%); stock -36.0% from 52-week high amid cluster buying.
Director Box Frank Damon purchased 5,000 shares at $21.96 on 2025-12-03, expanding his stake from 4,000 to 9,000 shares, a 125.0% increase. The transaction occurred as DORCHESTER MINERALS trades at $22.18, down 36.0% from its 52-week high of $34.68 and down 12.8% over 90 days, representing a depressed entry point relative to recent price history. The filing coincides with a cluster pattern: 3 other insiders also bought within the past 14 days, suggesting coordinated confidence at current valuations. Fundamentals show revenue of $35,416,000.00 (latest quarter) and net income of $11,173,000.00 with annual revenue growth of -1.4%, so the purchasing activity occurs amid modest revenue headwinds. Damon's cross-ticker track record shows 1 prior buy with a 30d return of -0.8%, and his prior DMLP transaction (2025-09-05 buy) also showed -0.8% 30d return; his historical timing has not demonstrated predictive accuracy at the 90-day mark.