CEO Joseph Wm Foran buys $521,600 of Matador Resources Co (MTDR)
Joseph Wm Foran, chief executive, bought $521,600 of stock. WallStPal Score 64.
Joseph Wm Foran, chief executive of Matador Resources Co, bought 10,000 shares on the open market on August 12, 2026 at an average of $52.16 a share, for a total of $521,600. The purchase was reported to the SEC on Form 4 on August 14, 2026.
It raised their holding by 64%, to 25,617 shares.
2 other insiders also bought at least $10,000 of MTDR within 30 days, which makes this a cluster buy.
Joseph Wm Foran last bought MTDR on August 11, 2026.
In the 12 months up to this filing, Matador Resources Co insiders reported 6 open-market purchases and 0 sales.
WallStPal Score: 64 out of 100, because of raised their holding by 64%; a large purchase; 2 other insiders also bought; bought by a top executive.
What happened next: after 1 month the stock was up 14.6% (15 points better than the S&P 500). Based on weekly prices from the week of the purchase.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Joseph Wm Foran helps run Matador Resources Co. Spending $521,600 of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
More: all MTDR insider trades · Joseph Wm Foran's track record