<div id="readability-page-1"><p>Peterson Wealth Services decreased its holdings in  Matador Resources Company (NYSE:MTDR - Free Report) by 81.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 11,840 shares of the energy company's stock after selling 50,314 shares during the period. Peterson Wealth Services' holdings in Matador Resources were worth $532,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><div><p><span></span><span>Get <strong>Matador Resources</strong> alerts:</span></p></div><ul><li>3 Mid-Cap Energy Firms Analysts See Moving Up to the Big Leagues</li></ul><p>A number of other large investors have also modified their holdings of MTDR. Kestra Investment Management LLC boosted its stake in shares of  Matador Resources by 225.2% in the 2nd quarter. Kestra Investment Management LLC now owns 517 shares of the energy company's stock valued at $25,000 after buying an additional 358 shares during the period.  Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in  Matador Resources by 298.5% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 534 shares of the energy company's stock valued at $25,000 after acquiring an additional 400 shares in the last quarter.  Allworth Financial LP raised its holdings in  Matador Resources by 182.0% in the second quarter. Allworth Financial LP now owns 564 shares of the energy company's stock valued at $27,000 after acquiring an additional 364 shares in the last quarter.  Ameritas Advisory Services LLC purchased a new position in  Matador Resources in the second quarter worth approximately $29,000.  Finally, Geneos Wealth Management Inc. grew its holdings in  Matador Resources by 361.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 881 shares of the energy company's stock worth $45,000 after acquiring an additional 690 shares in the last quarter. Hedge funds and other institutional investors own  91.98% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of equities research analysts have recently weighed in on the stock. Wells Fargo &amp; Company lowered shares of Matador Resources from an &#34;overweight&#34; rating to an &#34;equal weight&#34; rating and reduced their price objective for the company from $61.00 to $47.00 in a report on Tuesday, January 27th. Royal Bank Of Canada cut their price target on Matador Resources from $62.00 to $60.00 and set an &#34;outperform&#34; rating on the stock in a research note on Tuesday, January 13th. Morgan Stanley decreased their price target on Matador Resources from $56.00 to $52.00 and set an &#34;equal weight&#34; rating for the company in a report on Friday, January 23rd. Weiss Ratings  reiterated a &#34;hold (c-)&#34; rating on shares of Matador Resources in a report on Friday, January 9th. Finally, BMO Capital Markets  reissued an &#34;outperform&#34; rating on shares of Matador Resources in a research report on Thursday, December 18th. One research analyst  has rated the stock with a Strong Buy rating, ten have assigned  a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $57.82.</p><ul><li>5 Highly Rated Dividends With 50% Upside According to Analysts</li></ul><p><b>Read Our Latest Research Report on MTDR</b></p><h2>Matador Resources Stock Down 3.5%</h2><p>MTDR opened at $43.66 on Tuesday. Matador Resources Company has a one year low of $35.19 and a one year high of $60.43. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.69 and a current ratio of 0.73. The stock has a market capitalization of $5.43 billion, a P/E ratio of 6.97 and a beta of 1.14. The business's 50-day simple moving average is $42.85 and its 200-day simple moving average is $44.50. </p><h2>Insiders Place Their Bets</h2><p>In other Matador Resources news, EVP Robert T. Macalik acquired 1,500 shares of the company's stock in a transaction on Thursday, November 6th. The shares were bought at an average cost of $38.25 per share, for a total transaction of $57,375.00. Following the completion of the purchase, the executive vice president owned 35,039 shares in the company, valued at $1,340,241.75. This trade represents a 4.47% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Shelley F. Appel bought 1,389 shares of the firm's stock in a transaction dated Thursday, November 6th. The shares were acquired at an average price of $38.01 per share, with a total value of $52,795.89. Following the purchase, the director directly owned 5,084 shares of the company's stock, valued at approximately $193,242.84. This trade represents a 37.59% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders have acquired 5,880 shares of company stock valued at $223,398. Insiders own  5.80% of the company's stock. </p><h2>About Matador Resources</h2> (Free Report)<p>Matador Resources Company is an independent energy firm primarily engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. The company focuses on upstream operations, utilizing horizontal drilling and hydraulic fracturing techniques to unlock hydrocarbons from key reservoirs. Its asset base includes both operated and non‐operated positions, with a particular emphasis on the Permian Basin, one of the most prolific oil-producing regions in North America.  </p><p>Matador's core operations are concentrated in the Delaware Basin segment of the Permian Basin, where it holds substantial acreage in both Reeves and Culberson counties in West Texas and Eddy and Lea counties in New Mexico.</p><h2>Read More</h2><ul><li>Five stocks we like better than Matador Resources</li><li>The day the gold market broke</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li><li>~$1.5T SpaceX IPO: Pre-IPO Opportunity</li><li>Gold’s getting scarce.</li><li>End of America Update</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1URFI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1URFI"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Matador Resources Right Now?</h2><p>Before you consider Matador Resources, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Matador Resources wasn't on the list.</p><p>While Matador Resources currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MTDR

<p>Peterson Wealth Services has reduced its stake in Matador Resources Company (NYSE:MTDR) by 81.0% in Q3, now holding 11,840 shares valued at $532,000. Other investors, including Kestra Investment Management and Mitsubishi UFJ Asset Management, have increased their positions. Analysts have mixed ratings on MTDR, with a consensus rating of "Moderate Buy" and a target price of $57.82. The stock is currently down 3.5%, trading at $43.66, with a market cap of $5.43 billion and a P/E ratio of 6.97.</p>

Peterson Wealth Services Decreases Position in Matador Resources Company $MTDR