King Luther Capital Management Corp Sells 6,829 Shares of Diamondback Energy, Inc. $FANG

King Luther Capital Management Corp decreased its holdings in shares of Diamondback Energy, Inc. (NASDAQ:FANG) by 3.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 168,213 shares of the oil and natural gas company’s stock after selling 6,829 shares during the quarter. King Luther Capital Management Corp owned about 0.06% of Diamondback Energy worth $24,071,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Valeo Financial Advisors LLC raised its stake in shares of Diamondback Energy by 3.0% during the 3rd quarter. Valeo Financial Advisors LLC now owns 2,568 shares of the oil and natural gas company’s stock valued at $367,000 after purchasing an additional 74 shares during the period. Viawealth LLC grew its holdings in Diamondback Energy by 5.0% during the 2nd quarter. Viawealth LLC now owns 1,753 shares of the oil and natural gas company’s stock valued at $241,000 after buying an additional 83 shares in the last quarter. STF Management LP increased its position in shares of Diamondback Energy by 1.9% during the second quarter. STF Management LP now owns 4,490 shares of the oil and natural gas company’s stock valued at $617,000 after buying an additional 84 shares during the period. Lodestone Wealth Management LLC increased its position in shares of Diamondback Energy by 1.2% during the third quarter. Lodestone Wealth Management LLC now owns 7,219 shares of the oil and natural gas company’s stock valued at $1,033,000 after buying an additional 84 shares during the period. Finally, Fielder Capital Group LLC lifted its holdings in shares of Diamondback Energy by 1.0% in the third quarter. Fielder Capital Group LLC now owns 8,758 shares of the oil and natural gas company’s stock worth $1,253,000 after buying an additional 84 shares in the last quarter. Hedge funds and other institutional investors own 90.01% of the company’s stock.

Diamondback Energy Trading Up 0.4%

NASDAQ FANG opened at $174.72 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.62 and a debt-to-equity ratio of 0.35. The stock’s 50-day simple moving average is $155.70 and its two-hundred day simple moving average is $148.52. Diamondback Energy, Inc. has a twelve month low of $114.00 and a twelve month high of $177.02. The company has a market capitalization of $50.04 billion, a price-to-earnings ratio of 12.14 and a beta of 0.63.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Morgan Stanley reduced their price objective on shares of Diamondback Energy from $183.00 to $171.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Diamondback Energy in a research report on Monday, December 29th. Wells Fargo & Company boosted their target price on Diamondback Energy from $169.00 to $171.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 27th. Sanford C. Bernstein lowered their price target on Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Finally, Roth Mkm set a $162.00 price target on Diamondback Energy and gave the company a “buy” rating in a research report on Tuesday, November 4th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Diamondback Energy has a consensus rating of “Buy” and a consensus target price of $185.90.

More Diamondback Energy News

Here are the key news stories impacting Diamondback Energy this week:

• Positive Sentiment: Zacks previews ahead of FANG’s Q4 release highlight rising Permian production, tight cost control and a positive ESP (analyst surprise predictor), implying another potential beat that could support further upside. Diamondback Energy Q4 Earnings Preview
• Neutral Sentiment: A Yahoo Finance piece asks whether there’s still value in Diamondback after recent share strength — a valuation/relative‑value discussion that may keep longer‑term investors debating whether momentum is priced in. Is There Still Value in Diamondback Energy (FANG)?
• Neutral Sentiment: Short‑interest data in the feed shows 0 shares reported shorted (likely a data anomaly or reporting gap). That means there’s no clear short‑pressure signal from this report — neither a catalyst for squeeze nor a bearish signal.
• Negative Sentiment: Zacks Research has trimmed EPS estimates across several upcoming quarters and fiscal years (multiple small cuts to Q4/Q1/Q2/Q3 estimates and FY2025–FY2027). Analysts lowered FY2026 and FY2027 forecasts (e.g., FY2026 from ~8.51 to ~8.25 and FY2027 from ~9.49 to ~9.25) and cut near‑term quarter estimates — a sign analysts are tempering forward profit expectations, which could limit upside if results don’t clearly exceed the reduced numbers.

Insider Activity

In other Diamondback Energy news, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $162.88, for a total transaction of $162,880,000.00. Following the transaction, the insider directly owned 98,686,727 shares in the company, valued at $16,074,094,093.76. This trade represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Charles Alvin Meloy sold 377,911 shares of Diamondback Energy stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $138.61, for a total transaction of $52,382,243.71. Following the transaction, the director directly owned 1,044,864 shares in the company, valued at $144,828,599.04. This trade represents a 26.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,438,516 shares of company stock worth $225,026,921 over the last quarter. Corporate insiders own 0.70% of the company’s stock.

About Diamondback Energy

Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.

Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.