Interactive Brokers shares jump as it secures spot in S&P 500
Joseph Wm. Foran, Chairman and CEO of Matador Resources Co (NYSE:MTDR), recently purchased 2,500 shares of the company’s common stock. The transaction, which took place on May 7, 2025, was executed at an average price of $39.63 per share, resulting in a total investment of $99,075. The purchase comes as the stock trades near $40.04, following a significant decline over the past three months. According to InvestingPro analysis, the company appears undervalued based on its Fair Value metrics.
Following this acquisition, Foran’s direct ownership of Matador Resources stock increased to 60,756 shares. Additionally, he holds a significant number of shares indirectly through various trusts and partnerships, as noted in the company’s SEC filings. The company, currently valued at $5 billion in market capitalization, maintains strong profitability with a P/E ratio of 5.3x.
This purchase underscores Foran’s continued confidence in Matador Resources, a company he has been leading as both Chairman and CEO. The transaction details were disclosed in a Form 4 filing with the Securities and Exchange Commission. Analysts share this optimism, with targets ranging from $46 to $86 per share. For deeper insights into Matador Resources’ valuation and growth prospects, including additional ProTips and comprehensive analysis, visit InvestingPro.
In other recent news, Matador Resources reported its first-quarter earnings for 2025, exceeding analyst expectations with an earnings per share (EPS) of $1.99, compared to the forecast of $1.84. However, the company reported revenue of $909.9 million, falling short of the anticipated $959.65 million. Matador Resources has been actively managing its financial position, repaying $190 million in debt and authorizing a $400 million share buyback. The company anticipates a record second quarter in oil production, with a projected 17% increase by the end of the year. In addition to these developments, Matador is considering a midstream initial public offering (IPO) and has received inquiries regarding third-party gas opportunities. Analysts from KeyBanc Capital Markets and JPMorgan have shown interest in Matador’s midstream expansion and long-term growth strategies. Matador’s management remains focused on maintaining a balanced growth approach, emphasizing profitability and flexibility in response to market conditions.
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