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Matador Resources (NYSE:MTDR) Director Reynald Baribault purchased 4,000 shares of Matador Resources stock in a transaction that occurred on Friday, August 15th. The shares were purchased at an average cost of $25.15 per share, with a total value of $100,600.00. Following the completion of the transaction, the director now directly owns 810 shares in the company, valued at approximately $20,372. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Matador Resources (NYSE:MTDR) opened at 26.13 on Wednesday. Matador Resources has a 52-week low of $15.26 and a 52-week high of $29.94. The stock has a 50-day moving average of $26.76 and a 200-day moving average of $25.40. The company has a market cap of $1.916 billion and a P/E ratio of 24.16.

Matador Resources (NYSE:MTDR) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.04. The company had revenue of $99.10 million for the quarter, compared to the consensus estimate of $90.12 million. During the same quarter in the previous year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was up 70.3% on a year-over-year basis. Analysts expect that Matador Resources will post $1.24 EPS for the current fiscal year.

A number of research firms have recently commented on MTDR. Analysts at GMP Securities upgraded shares of Matador Resources from a “hold” rating to a “buy” rating in a research note on Friday, August 15th. They now have a $34.00 price target on the stock, up previously from $30.00. Separately, analysts at Zacks upgraded shares of Matador Resources from an “underperform” rating to a “neutral” rating in a research note on Monday, August 11th. They now have a $27.20 price target on the stock. Finally, analysts at Wunderlich raised their price target on shares of Matador Resources from $34.00 to $37.00 in a research note on Friday, August 8th. They now have a “buy” rating on the stock. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $28.95.

Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays.

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