Westfield Capital Management Co. LP Reduces Stake in Diamondback Energy, Inc. $FANG

NodeGuardian · 2026-03-07T14:34:05+00:00

Westfield Capital Management cut its stake in Diamondback Energy by 5.1%, now holding 319,664 shares worth $45.74 million. This follows missed Q4 estimates, but the company increased its dividend. Institutional ownership is high, and analysts rate it a "Buy" with a target price of $187.86.

NodeGuardian

2026-03-07 14:34:05

Abstract generation in progress

Westfield Capital Management Co. LP significantly reduced its stake in Diamondback Energy (NASDAQ:FANG) by 5.1% in Q3, now owning 319,664 shares valued at $45.74 million. This reduction comes as Diamondback Energy missed Q4 EPS and revenue estimates, though it did raise its quarterly dividend to $1.05. Despite insider selling, institutional ownership remains high at 90.01%, with a consensus “Buy” rating from analysts and a target price of $187.86.

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