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Insider Trends: 90-Days of Insider Buying at Diamondback Energy Scaled Back with Share Sale

05/07/2021 12:22

04:13 PM EDT, 05/07/2021 (MT Newswires) -- On May 05, 2021, Travis D Stice, Director and CEO, executed a sale of 20,000 shares in Diamondback Energy (FANG) for $1,700,000. Stice, after the transactions described in the SEC Form 4 filing, indirectly controls 477,823 shares of the company, which has a market value of $39.3 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 22 insider transactions reported to the SEC for Diamondback Energy. These transactions came from the activities of 9 different insiders that resulted in a net acquisition of 56,031 company shares. Relative to the preceding 90-day window of time, there are no insider transactions for the company.

This level of insider transactions is below that of the peer group average in the 227-company Oil & Gas Exploration and Production peer group over the last 90-day period. Peer group activity averaged 55.9 transactions per company, and disposition of 35,216 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1539838/000153983821000071/xslF345X03/wf-form4_162041811041373.xml

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