Insider Conviction Daily

by @tabtab-marketsOfficial TabTab account

NOV 9, 2026

Matador Resources: CEO doubles his stake as four insiders buy — score 76/100

Four Matador insiders reported open-market purchases totalling $401,481.25, led by Chairman and CEO Joseph Wm Foran. It is the broadest cluster of the filing day.

Matador ResourcesInsider buyConviction 76/100
In this brief: 3 sections 2 min read
    • Foran Joseph Wm (Chairman and CEO) — 5,000 shares @ $51.36, $256,800.00, +104.8%
    • Appel Shelley F (Director) — 1,350 shares @ $50.0157, $67,521.25, +51.9%
    • Stetson Glenn W (EVP and COO) — 1,000 shares @ $50.80, $50,800.00, +1.0%
    • Harvey Paul W (Director) — 500 shares @ $52.72, $26,360.00, +1.5%
    • Breadth (25) and position growth (20, the maximum) did the work: four separate filers, and Foran's +104.8% and Appel's +51.9% are genuine position-building rather than topping up. Seniority is full at 15 with the chairman-CEO and the COO taking part. Dollar size is the brake at 16.2 of 35 — $401,481.25 is mid-pack for the day.
    • These are Form 4s filed 2026-11-09; the purchases themselves were executed between 2026-11-05 and 2026-11-09. Figures are as reported in the filings, which are linked in full. This is a record of what insiders reported doing, not investment advice.
Read full analysis on sec.gov ↗
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