Joseph Wm. Foran has a strong stake in Matador Resources, owning about 5.1 million shares, which translates to nearly 4.3% of the company. His wealth peaks during major stock transactions, with notable sales in 2021 when he sold total shares...

Joseph Wm. Foran has a strong stake in Matador Resources, owning about 5.1 million shares, which translates to nearly 4.3% of the company. His wealth peaks during major stock transactions, with notable sales in 2021 when he sold total shares worth around $227 million. His holdings saw upward movements, especially in early 2022, aligning with Matador's market performance, where he consistently sold millions' worth of stock monthly. This reflects both confidence in his company and a well-timed response to market conditions. Such trading patterns indicate strategic financial planning on his part, positioning himself as a key player in Matador's operational success.