Procore signs multi-year strategic collaboration agreement with AWS
Shelley F. Appel, a director at Matador Resources Co (NYSE:MTDR), recently acquired 300 shares of the company’s common stock. The transaction, which took place on April 30, 2025, involved a purchase at a price of $39.30 per share, totaling $11,790. Following this acquisition, Appel holds 58,741 shares directly. The purchase comes as MTDR trades near $40.49, down about 29% year-to-date, suggesting potential value according to InvestingPro analysis.
In addition to her direct holdings, Appel has indirect interests in several other holdings. These include shares held by family-owned entities and trusts, such as Sage Resources, Ltd., and the SIF 2020 and 2011 Non-GST Trusts, where she is a beneficiary. Additionally, shares are held in her Roth Individual Retirement Account, Roth 401(k) account, and by her spouse. The total number of shares across these indirect holdings is substantial, indicating a significant overall stake in Matador Resources, which currently has a market capitalization of $5.1 billion and maintains a healthy 3.16% dividend yield. For detailed insider trading analysis and 10 additional key insights about MTDR, visit InvestingPro.
In other recent news, Matador Resources reported its first-quarter 2025 earnings, exceeding analyst expectations with an earnings per share (EPS) of $1.99, compared to the forecasted $1.84. However, the company posted revenue of $909.9 million, falling short of the anticipated $959.65 million. Despite the earnings beat, the company faced a cautious market response. Matador Resources has been actively managing its financial position, repaying $190 million in debt and authorizing a $400 million share buyback. The company is also exploring a potential midstream IPO, which could provide further financial flexibility. Analysts from firms like KeyBanc Capital Markets and JPMorgan have shown interest in the company’s midstream expansion and future growth strategies. Matador anticipates a record second quarter for oil production, projecting a 17% increase by year-end. The company’s management emphasized a strategic approach to growth, highlighting their commitment to maintaining a balanced financial strategy.
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