CEO Joseph Wm Foran buys 2,000 shares at $53.07; part of cluster with 4 other insiders buying within 14 days
Joseph Wm Foran, Chairman and CEO of Matador Resources Co, purchased 2,000 shares at $53.07 on 2026-06-09, increasing his holdings by 21.1% to 11,479 shares. This transaction is part of a coordinated buying cluster—4 other insiders also purchased shares within the past 14 days. At the same-ticker level, Foran has executed 5 consecutive buy transactions over the prior seven months, with 5 of 5 demonstrating positive 90-day outcomes, indicating a pattern of well-timed accumulation at MTDR. The current price of $54.91 sits at -17.8% from the 52-week high and represents a modest -2.5% decline over the past 30 days, placing the stock in a mid-cycle pullback relative to its annual range of $37.14–$66.84. The company's latest quarter shows positive 5.5% annual revenue growth, though current-period net income is negative at $-35.9M against $671.6M revenue.