First National Bank of Omaha bought a new stake in Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,985 shares of the oil and natural gas company’s stock, valued at approximately $2,287,000.
Several other hedge funds also recently bought and sold shares of FANG. E Fund Management Hong Kong Co. Ltd. grew its stake in shares of Diamondback Energy by 106.3% in the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the oil and natural gas company’s stock valued at $28,000 after buying an additional 102 shares in the last quarter. Creekmur Asset Management LLC bought a new position in Diamondback Energy during the second quarter valued at approximately $28,000. Salomon & Ludwin LLC acquired a new stake in Diamondback Energy in the third quarter valued at approximately $31,000. Twin Peaks Wealth Advisors LLC bought a new stake in Diamondback Energy in the second quarter worth approximately $29,000. Finally, Estabrook Capital Management bought a new stake in Diamondback Energy in the second quarter worth approximately $41,000. 90.01% of the stock is owned by institutional investors and hedge funds.
More Diamondback Energy News
Here are the key news stories impacting Diamondback Energy this week:
- Positive Sentiment: Analysts and previews flag a likely Q4 beat driven by rising Permian production, tight cost control and a favorable ESP (earnings surprise predictor), which supports upside to the share price as investors price in another strong report. Diamondback Energy Q4 Earnings Preview: Another Beat Likely?
- Positive Sentiment: Zacks’ deeper Q4 preview notes that looking beyond headline revenue/EPS estimates into key operating metrics could reveal stronger-than-expected performance for the quarter, reinforcing bullish positioning ahead of the print. Diamondback (FANG) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
- Neutral Sentiment: Market coverage roundup: a recent MSN piece surveys Wall Street sentiment on FANG, useful for gauging buy/sell-side positioning but not providing a clear directional catalyst by itself. Is Wall Street bullish or bearish on Diamondback Energy stock?
- Negative Sentiment: Zacks Research has trimmed EPS forecasts across multiple quarters and fiscal years (examples: Q4 2025 cut to $1.86 from $1.91; FY2026 to $8.25 from $8.51; FY2027 to $9.25 from $9.49). Those downward revisions could limit upside if the company’s results fail to materially outpace these lowered expectations. (Multiple Zacks estimate updates summarized from recent research notes.)
Diamondback Energy Stock Up 3.2%
Wall Street Analyst Weigh In
FANG has been the topic of several recent research reports. Morgan Stanley cut their target price on Diamondback Energy from $183.00 to $171.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. Scotiabank set a $175.00 price objective on Diamondback Energy in a research note on Friday, January 16th. UBS Group upped their target price on Diamondback Energy from $174.00 to $194.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Roth Mkm set a $162.00 price target on Diamondback Energy and gave the company a “buy” rating in a report on Tuesday, November 4th. Finally, Jefferies Financial Group restated a “hold” rating and issued a $173.00 price objective on shares of Diamondback Energy in a research note on Monday, January 19th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Diamondback Energy currently has a consensus rating of “Buy” and a consensus target price of $185.90.
Get Our Latest Analysis on FANG
Insiders Place Their Bets
In other news, Director Charles Alvin Meloy sold 377,911 shares of the business’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $138.61, for a total transaction of $52,382,243.71. Following the transaction, the director owned 1,044,864 shares in the company, valued at approximately $144,828,599.04. The trade was a 26.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $162.88, for a total transaction of $162,880,000.00. Following the transaction, the insider directly owned 98,686,727 shares of the company’s stock, valued at $16,074,094,093.76. This represents a 1.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,438,516 shares of company stock worth $225,026,921 in the last ninety days. 0.70% of the stock is currently owned by insiders.
Diamondback Energy Profile
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.
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