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

Diamondback Energy, Inc. (NASDAQ:FANG) CFO Jere Thompson III sold 750 shares of Diamondback Energy stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $182.47, for a total value of $136,852.50. Following the sale, the chief financial officer directly owned 19,975 shares in the company, valued at approximately $3,644,838.25. This trade represents a 3.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Diamondback Energy Trading Up 1.3%

Diamondback Energy stock opened at $189.68 on Thursday. The business has a 50 day moving average price of $166.68 and a two-hundred day moving average price of $153.28. The company has a quick ratio of 0.40, a current ratio of 0.42 and a debt-to-equity ratio of 0.32. Diamondback Energy, Inc. has a 12 month low of $114.00 and a 12 month high of $191.20. The stock has a market cap of $53.36 billion, a price-to-earnings ratio of 33.81 and a beta of 0.59.

Diamondback Energy (NASDAQ:FANG) last announced its quarterly earnings data on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $2.00 by ($0.26). The firm had revenue of $3.38 billion for 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%.Diamondback Energy’s revenue for the quarter was down 9.0% compared to the same quarter last year. During the same period in the previous year, the business posted $3.67 EPS. As a group, equities analysts forecast that Diamondback Energy, Inc. will post 15.49 EPS for the current year.

Diamondback Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Thursday, March 5th were paid a dividend of $1.05 per share. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. This represents a $4.20 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Thursday, March 5th. Diamondback Energy’s dividend payout ratio is presently 74.87%.

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,” signaling substantial upside expectations that likely spurred buying interest. Read More.
• Positive Sentiment: Mizuho boosted its target to $220 and moved to “outperform,” adding to the cluster of bullish analyst actions. Read More.
• Positive Sentiment: Wells Fargo reiterated and raised its outlook (new $202 target/”overweight”), another institutional vote reinforcing the buy case. Read More.
• Positive Sentiment: UBS and Barclays have also lifted targets recently (UBS to $216, Barclays to ~$190), concentrating analyst optimism across the name. Read More.
• Positive Sentiment: Wider energy tailwinds: Bank of America highlights a supply shock that supports higher oil price assumptions—sector dynamics that benefit Diamondback. Read More.
• Positive Sentiment: Diamondback was named among energy picks to play higher oil in recent press (Barron’s), which can attract thematic flows into FANG. Read More.
• Positive Sentiment: Company raised its quarterly dividend to $1.05 (annualized $4.20), supporting yield‑focused demand. Read More.
• Neutral Sentiment: Citi reiterated a buy rating on FANG (continuing coverage) — supportive but less directional than the fresh PT increases. Read More.
• Neutral Sentiment: Diamondback missed the February quarter EPS consensus ($1.74 vs. ~$2.00) and saw revenue slip year‑over‑year — a reminder earnings risk remains. Read More.
• Negative Sentiment: Large insider sellings were disclosed this week: EVP Matt Zmigrosky sold ~20,899 shares (~25.7% reduction), which may spook some shareholders. Read More.
• Negative Sentiment: VP Albert Barkmann sold 4,000 shares and CFO Jere Thompson III sold 750 shares — multiple insider dispositions that investors should monitor for pattern and timing. Read More. Read More.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on FANG shares. Raymond James Financial increased their price objective on shares of Diamondback Energy from $210.00 to $240.00 and gave the company a “strong-buy” rating in a research note on Tuesday. UBS Group lifted their target price on shares of Diamondback Energy from $194.00 to $216.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Wells Fargo & Company upped their target price on shares of Diamondback Energy from $171.00 to $202.00 and gave the company an “overweight” rating in a research note on Monday. Wall Street Zen lowered shares of Diamondback Energy from a “hold” rating to a “sell” rating in a research report on Saturday, December 27th. Finally, Roth Mkm restated a “buy” rating and set a $180.00 price target on shares of Diamondback Energy in a research note on Tuesday, February 24th. Three analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $195.43.

Institutional Investors Weigh In On Diamondback Energy

Institutional investors and hedge funds have recently made changes to their positions in the company. Commerzbank Aktiengesellschaft FI grew its position in Diamondback Energy by 233.9% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 12,673 shares of the oil and natural gas company’s stock worth $1,814,000 after acquiring an additional 8,877 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in Diamondback Energy by 9.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 117,733 shares of the oil and natural gas company’s stock valued at $16,848,000 after purchasing an additional 10,289 shares during the last quarter. Moloney Securities Asset Management LLC bought a new position in Diamondback Energy in the 3rd quarter valued at $472,000. Massachusetts Financial Services Co. MA boosted its stake in Diamondback Energy by 9.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,385,428 shares of the oil and natural gas company’s stock worth $198,255,000 after purchasing an additional 122,921 shares in the last quarter. Finally, WoodTrust Financial Corp acquired a new position in Diamondback Energy in the third quarter worth $1,624,000. Institutional investors and hedge funds own 90.01% 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.