King Luther Capital Management Corp Decreases Stock Position in Diamondback Energy, Inc. $FANG

King Luther Capital Management Corp lessened its stake in Diamondback Energy, Inc. (NASDAQ:FANG) by 3.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 168,213 shares of the oil and natural gas company’s stock after selling 6,829 shares during the period. King Luther Capital Management Corp’s holdings in Diamondback Energy were worth $24,071,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. E Fund Management Hong Kong Co. Ltd. lifted its position in Diamondback Energy by 106.3% in the third 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 purchasing an additional 102 shares during the last quarter. Creekmur Asset Management LLC purchased a new position in shares of Diamondback Energy in the second quarter worth $28,000. Salomon & Ludwin LLC bought a new stake in Diamondback Energy during the 3rd quarter valued at $31,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Diamondback Energy during the 2nd quarter valued at $29,000. Finally, Estabrook Capital Management bought a new stake in Diamondback Energy in the 2nd quarter worth $41,000. 90.01% of the stock is currently owned by hedge funds and other institutional investors.

Diamondback Energy Trading Up 0.4%

FANG opened at $174.72 on Friday. The stock has a market cap of $50.04 billion, a PE ratio of 12.14 and a beta of 0.63. The company has a quick ratio of 0.60, a current ratio of 0.62 and a debt-to-equity ratio of 0.35. The business has a 50 day moving average of $155.70 and a 200-day moving average of $148.52. Diamondback Energy, Inc. has a 52 week low of $114.00 and a 52 week high of $177.02.

Analysts Set New Price Targets

Several brokerages have recently commented on FANG. Wells Fargo & Company upped their price objective on shares of Diamondback Energy from $169.00 to $171.00 and gave the company an “overweight” rating in a research note on Tuesday, January 27th. 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. Piper Sandler upped their price target on Diamondback Energy from $215.00 to $218.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. TD Cowen upgraded Diamondback Energy to a “strong-buy” rating in a report on Monday, February 9th. Finally, Sanford C. Bernstein reduced their target price on Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $185.90.

Key Diamondback Energy News

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

• Positive Sentiment: Zacks previews ahead of FANG’s Q4 release highlight rising Permian production, tight cost control and a positive ESP (analyst surprise predictor), implying another potential beat that could support further upside. Diamondback Energy Q4 Earnings Preview
• Neutral Sentiment: A Yahoo Finance piece asks whether there’s still value in Diamondback after recent share strength — a valuation/relative‑value discussion that may keep longer‑term investors debating whether momentum is priced in. Is There Still Value in Diamondback Energy (FANG)?
• Neutral Sentiment: Short‑interest data in the feed shows 0 shares reported shorted (likely a data anomaly or reporting gap). That means there’s no clear short‑pressure signal from this report — neither a catalyst for squeeze nor a bearish signal.
• Negative Sentiment: Zacks Research has trimmed EPS estimates across several upcoming quarters and fiscal years (multiple small cuts to Q4/Q1/Q2/Q3 estimates and FY2025–FY2027). Analysts lowered FY2026 and FY2027 forecasts (e.g., FY2026 from ~8.51 to ~8.25 and FY2027 from ~9.49 to ~9.25) and cut near‑term quarter estimates — a sign analysts are tempering forward profit expectations, which could limit upside if results don’t clearly exceed the reduced numbers.

Insider Buying and Selling at Diamondback Energy

In related news, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of Diamondback Energy 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 completion of the transaction, the insider directly owned 98,686,727 shares of the company’s stock, valued at $16,074,094,093.76. This trade represents a 1.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Charles Alvin Meloy sold 377,911 shares of the company’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $138.61, for a total transaction of $52,382,243.71. Following the completion of the sale, the director owned 1,044,864 shares in the company, valued at approximately $144,828,599.04. This trade represents a 26.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,438,516 shares of company stock valued at $225,026,921 in the last three months. Insiders own 0.70% of the company’s stock.

Diamondback Energy Company 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.