Were Analysts Bearish Diamondback Energy Inc (NASDAQ:FANG) This Week?

May 19, 2017 - By Henry Gaston

 Were Analysts Bearish Diamondback Energy Inc (NASDAQ:FANG) This Week?

Diamondback Energy Inc (NASDAQ:FANG) Ratings Coverage

Among 32 analysts covering Diamondback Energy (NASDAQ:FANG), 26 have Buy rating, 0 Sell and 6 Hold. Therefore 81% are positive. Diamondback Energy had 62 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by Euro Pacific Capital with “Buy” on Wednesday, September 9. The stock of Diamondback Energy Inc (NASDAQ:FANG) has “Buy” rating given on Tuesday, October 20 by Canaccord Genuity. Topeka Capital Markets maintained the shares of FANG in report on Wednesday, November 4 with “Buy” rating. The firm has “Overweight” rating given on Monday, August 22 by KeyBanc Capital Markets. Topeka Capital Markets maintained Diamondback Energy Inc (NASDAQ:FANG) rating on Tuesday, October 6. Topeka Capital Markets has “Buy” rating and $88 target. Northland Capital maintained the stock with “Outperform” rating in Friday, August 7 report. On Friday, January 29 the stock rating was initiated by BMO Capital Markets with “Outperform”. On Wednesday, January 13 the stock rating was maintained by Topeka Capital Markets with “Buy”. As per Monday, July 11, the company rating was reinitiated by Piper Jaffray. Wunderlich maintained the shares of FANG in report on Tuesday, October 11 with “Buy” rating. Below is a list of Diamondback Energy Inc (NASDAQ:FANG) latest ratings and price target changes.

13/04/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $123.00 Initiates Coverage On
16/12/2016 Broker: Drexel Hamilton Rating: Hold Initiates Coverage On

About 906,834 shares traded. Diamondback Energy Inc (NASDAQ:FANG) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.

Diamondback Energy, Inc. is an independent oil and natural gas company. The company has market cap of $10.15 billion. The Firm focuses on the acquisition, development, exploration and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin in West Texas. It currently has negative earnings. As of December 31, 2016, the Company’s total net acreage position in the Permian Basin was approximately 105,894 net acres.

Investors sentiment increased to 1.75 in 2016 Q4. Its up 0.47, from 1.28 in 2016Q3. It improved, as 32 investors sold Diamondback Energy Inc shares while 90 reduced holdings. 86 funds opened positions while 128 raised stakes. 90.81 million shares or 13.26% more from 80.18 million shares in 2016Q3 were reported.
Landscape Capital Llc holds 0.06% of its portfolio in Diamondback Energy Inc (NASDAQ:FANG) for 4,365 shares. Commercial Bank Of America Corp De invested 0.01% in Diamondback Energy Inc (NASDAQ:FANG). Opportunities Capital Mgmt Ltd Llc invested in 1.23% or 46,205 shares. Proshare Advsrs Limited Co holds 7,301 shares. Moreover, Nordea Mgmt has 0% invested in Diamondback Energy Inc (NASDAQ:FANG). Illinois-based First American National Bank has invested 0.04% in Diamondback Energy Inc (NASDAQ:FANG). 161,556 were reported by Ameriprise Financial Incorporated. Peconic Partners Ltd Llc invested in 0.13% or 10,000 shares. State Common Retirement Fund has 0.04% invested in Diamondback Energy Inc (NASDAQ:FANG). 2,669 were reported by Hightower Advsr Lc. Fincl Architects has 253 shares. Moreover, Airain has 0.24% invested in Diamondback Energy Inc (NASDAQ:FANG) for 29,918 shares. Fjarde Ap owns 30,894 shares. Bluecrest Capital Management Limited reported 0.37% stake. Cornerstone Advsrs reported 0.03% stake.

Since November 17, 2016, it had 0 insider buys, and 16 sales for $13.81 million activity. Dick Teresa L. sold $210,118 worth of Diamondback Energy Inc (NASDAQ:FANG) on Friday, March 17. Another trade for 2,000 shares valued at $210,000 was sold by Pantermuehl Russell. 1,500 shares valued at $158,016 were sold by Hollis Michael L. on Tuesday, March 7. HOLDER RANDALL J had sold 16,563 shares worth $1.77M. Molnar Paul also sold $990,922 worth of Diamondback Energy Inc (NASDAQ:FANG) on Tuesday, February 21. On Tuesday, February 21 the insider Stice Travis D. sold $5.46 million. $203,967 worth of Diamondback Energy Inc (NASDAQ:FANG) was sold by Plaumann Mark Lawrence on Friday, February 17.

More news for Diamondback Energy Inc (NASDAQ:FANG) were recently published by: Globenewswire.com, which released: “Diamondback Energy, Inc. Schedules First Quarter 2017 Conference Call for May …” on April 24, 2017. Finance.Yahoo.com‘s article titled: “Diamondback Energy, Inc. Announces First Quarter 2017 Financial and Operating …” and published on May 02, 2017 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: