Diamondback Energy (NASDAQ:FANG) CFO Jere Thompson III Sells 750 Shares of Stock

Diamondback Energy, Inc. (NASDAQ:FANG) CFO Jere Thompson III sold 750 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $182.47, for a total transaction of $136,852.50. Following the completion of the sale, the chief financial officer directly owned 19,975 shares of the company’s stock, valued at $3,644,838.25. The trade was a 3.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Diamondback Energy Stock Performance

Shares of Diamondback Energy stock opened at $187.22 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.40 and a current ratio of 0.42. Diamondback Energy, Inc. has a 1 year low of $114.00 and a 1 year high of $188.73. The firm’s 50-day simple moving average is $165.70 and its 200-day simple moving average is $153.02. The firm has a market cap of $52.66 billion, a PE ratio of 33.37 and a beta of 0.59.

Diamondback Energy (NASDAQ:FANG) last posted its quarterly earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 EPS for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). The firm had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.41 billion. Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.The firm’s revenue for the quarter was down 9.0% on a year-over-year basis. During the same quarter last year, the business posted $3.67 earnings per share. Equities analysts forecast that Diamondback Energy, Inc. will post 15.49 earnings per share for the current fiscal year.

Diamondback Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th were given a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Thursday, March 5th. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s payout ratio is 74.87%.

Institutional Investors Weigh In On Diamondback Energy

A number of hedge funds have recently added to or reduced their stakes in the stock. Wellington Management Group LLP boosted its holdings in shares of Diamondback Energy by 74.1% during the fourth quarter. Wellington Management Group LLP now owns 3,239,837 shares of the oil and natural gas company’s stock valued at $487,045,000 after acquiring an additional 1,379,010 shares during the period. EnCap Energy Capital Fund XII L.P. bought a new stake in Diamondback Energy in the 4th quarter valued at about $169,342,000. Smead Capital Management Inc. bought a new stake in Diamondback Energy in the 2nd quarter valued at about $144,775,000. Capital Research Global Investors boosted its stake in Diamondback Energy by 38.0% during the 3rd quarter. Capital Research Global Investors now owns 3,798,812 shares of the oil and natural gas company’s stock valued at $543,610,000 after purchasing an additional 1,046,398 shares during the period. Finally, Encompass Capital Advisors LLC bought a new position in Diamondback Energy in the 4th quarter worth about $112,198,000. 90.01% of the stock is currently owned by institutional investors.

More Diamondback Energy News

Here are the key news stories impacting Diamondback Energy this week:

• Positive Sentiment: Raymond James raised its price target to $240 and assigned a “strong‑buy” — a large upside signal that likely boosted investor demand. Raymond James PT Raise
• Positive Sentiment: Mizuho bumped its target to $220 and moved to “outperform,” reinforcing bullish analyst momentum across the stock. Mizuho PT Raise
• Positive Sentiment: Wells Fargo raised its target to $202 with an “overweight” rating — another vote of confidence from a large bank. Wells Fargo PT Raise
• Positive Sentiment: Barclays lifted its target to $190 and kept an “overweight” stance, adding to the cluster of price‑target increases. Barclays PT Raise
• Positive Sentiment: Press and research pieces name Diamondback as a way to play higher oil prices (Barron’s and Goldman Sachs roundup of energy picks), which supports sector‑driven buying. Barron’s: Underappreciated Energy Stocks
• Neutral Sentiment: Coverage noting peers (ConocoPhillips, EOG) outperforming on liquidity and leverage may shift relative positioning among large‑cap energy names but is not directly negative for Diamondback. BofA Peer Liquidity Note
• Negative Sentiment: EVP Matt Zmigrosky sold 20,899 shares at ~$180 (25.7% reduction in his holding) — a large insider sale that may concern some investors. SEC Filing — Zmigrosky
• Negative Sentiment: VP Albert Barkmann sold 4,000 shares at ~$182.90 (12.7% reduction), another insider disposition disclosed to the SEC. SEC Filing — Barkmann
• Negative Sentiment: CFO Jere W. Thompson III sold 750 shares at ~$182.47 (3.6% reduction), a smaller but still notable insider sale. SEC Filing — Thompson

Analysts Set New Price Targets

Several research firms recently issued reports on FANG. Sanford C. Bernstein dropped their price target on Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Scotiabank set a $175.00 target price on shares of Diamondback Energy in a research note on Friday, January 16th. Wells Fargo & Company increased their target price on shares of Diamondback Energy from $171.00 to $202.00 and gave the stock an “overweight” rating in a report on Monday. Barclays raised their price target on shares of Diamondback Energy from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Mizuho boosted their price objective on shares of Diamondback Energy from $205.00 to $220.00 and gave the company an “outperform” rating in a research report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Diamondback Energy presently has a consensus rating of “Buy” and an average target price of $195.43.

About Diamondback Energy

Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.

Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.