Published on 13 Mar 2023 on Simply Wall St. via Yahoo Finance
With Diamondback Energy, Inc.'s (NASDAQ:FANG)) price down 5.3% this week, insiders might find some...
By selling US$1.0m worth of Diamondback Energy, Inc. (NASDAQ:FANG) stock at an average sell price of US$143 over the last year, insiders seemed to have made the most of their holdings. The company's market worth decreased by US$1.4b over the past week after the stock price dropped 5.3%, although insiders were able to minimize their losses
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.