Diamondback Energy (NASDAQ:FANG) CFO Sells $136,852.50 in Stock

2026-03-29 09:37:22

Diamondback Energy’s CFO, Jere Thompson III, sold 750 shares of FANG stock for $136,852.50 on March 16th, reducing his ownership by 3.62%. This insider sale comes as the company reported a quarterly EPS miss but increased its quarterly dividend to $1.05, yielding approximately 2.2%. Analysts largely maintain a “Buy” rating on FANG, with several firms recently raising their price targets, indicating a positive outlook despite the CFO’s sale and an earnings miss.

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