FANG Diamondback Energy, Inc.

NEUTRAL Impact: 3/10 Insider Cluster (2 insiders)
Horizon days Filed Jun 2, 2026 Processed 12d 12h ago
Insider cluster: 2 insiders, $2.4M total
Latest settled — T+1d
FANG ▼ -3.79% at T+1d
NEUTRAL call ✗ call lost -3.79% · α vs SPY -4.19% · entry $210.42 → $202.44
Next anchor: T+5d due 6d ago
Last close $192.13 (close Jun 12) · -8.69% from $210.42 entry
Entry anchored
Jun 2, 2026
via day open
T+1d
-3.79%
call -3.79% · α -4.19%
$202.44
settled 12d ago
T+5d
call — · α —
due 6d ago
T+20d
call — · α —
in 16d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Two Diamondback Energy executives — EVP/C-level officers — sold a combined $2.41M in open-market sales over a 2-day window at ~$200.50-$200.90. Total proceeds represent only ~0.004% of the $56B market cap, making the cluster trivial in proportional terms. Per Alldredge (2019), cluster sales carry no incremental signal; these are likely routine diversification or liquidity-driven sales, not an informed bearish call.

Key Financial Metrics

Direction
selling
Total Value
$2.4M
Insiders
2

Actionable Insight

The dollar amount is negligible relative to FANG's $56B market cap. Insider cluster sales at this scale are non-informative per academic literature. Focus on Diamondback's upcoming operational metrics (production, cash flow, capital returns) rather than this insider activity.

Key Facts

  • Two insiders sold $2.41M total at ~$200.50-$200.90 per share
  • Cluster is 0.004% of $56B market cap — far below materiality threshold
  • Sales by CAO/Secretary & EVP/Chief Legal Officer — neither is CEO/CFO
  • No insider purchases in this cluster to offset signal

Financial Impact

$2.41M total selling — ~0.004% of market cap

Risk Factors

  • If future filings reveal a material corporate event these insiders traded ahead of, the sales could be re-evaluated — no such context exists here

Market Snapshot

Exchange
Nasdaq
Sector
Crude Petroleum & Natural Gas
Analyst Consensus
87% bullish (38 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-FANG-1780432804986
20 reports for FANG
Performance horizon
67% Hit rate 4 of 6 directional calls best @ T+5▲ +2.96%Apr 1, 2026
Filters
Rows
Reports for FANG — sortable, filterable
Type Now
Jun 10, 2026
4d ago
Insider Cluster
BEARISH ★ 8/10
$196.58 awaiting T+1awaiting T+1$192.13 (+2.26%)
Jun 8, 2026
6d ago
Insider Cluster
BEARISH ★ 7/10
$198.18 awaiting T+1awaiting T+1$192.13 (+3.05%)
Jun 5, 2026
9d ago
Insider Cluster
BEARISH ★ 6/10
$202.50 awaiting T+1awaiting T+1$192.13 (+5.12%)
Jun 4, 2026
10d ago
Insider Cluster
NEUTRAL ★ 3/10
$202.50 awaiting T+1awaiting T+1$192.13 (−5.12%)
Jun 2, 2026
12d ago
Insider Cluster
NEUTRAL ★ 3/10
$210.42 $202.44▼ −3.79%▼ −4.19%$192.13 (−8.69%)
May 20, 2026
25d ago
8-K
NEUTRAL ★ 2/10
$200.42 $200.81▲ +0.19%▼ −0.25%$192.13 (−4.14%)
May 19, 2026
26d ago
Insider Cluster
NEUTRAL ★ 3/10
$204.31 $200.42▼ −1.90%▼ −2.10%$192.13 (−5.96%)
May 4, 2026
5w ago
8-K
BULLISH ★ 7/10
$205.40 $195.00▼ −5.06%▼ −6.45%$192.13 (−6.46%)
May 4, 2026
5w ago
Press Release
MIXED ★ 6/10
$205.40 $195.00▼ −5.06%▼ −6.45%$192.13 (−6.46%)
Apr 13, 2026
8w ago
8-K
NEUTRAL ★ 4/10
$186.49 $185.83▼ −0.35%▼ −1.13%$192.13 (+3.03%)
Showing 10 of 20

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