Matador Resources president Bryan Erman buys $46,472 in stock

Investing.com · 2026-11-06 13:01 UTC

Matador Resources president Bryan Erman buys $46,472 in stock

Bryan A. Erman, President of Matador Resources Co. (NYSE:MTDR), acquired common stock in the company on November 5, 2026. The executive purchased 915 shares of Matador Resources common stock for a total value of $46,472. The shares were acquired at prices ranging from $50.53 to $51.00 per share, with a weighted average price of $50.79. These shares are held indirectly in Mr. Erman’s 401(k) account. The purchase came as the stock traded near $49.87, following an 18% decline over the past week.

In a separate transaction on the same date, Mr. Erman also reported a disposition of 78,878 shares of common stock. These shares included those acquired through the company’s Employee Stock Purchase Plan. No specific price or total value was reported for this disposition.

Following these reported transactions, Mr. Erman beneficially owns 5,165 shares indirectly through his 401(k) account and 2,400 shares indirectly through his Individual Retirement Account. According to InvestingPro analysis, Matador appears undervalued at current levels, with the stock trading at a P/E ratio of 8.68. Investors seeking deeper insights can access comprehensive analysis through the Pro Research Report, available for MTDR and 1,400+ other US equities.

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