DVN DEVON ENERGY CORP/DE

NEUTRAL Impact: 2/10 Insider Cluster (2 insiders)
Horizon days Filed May 15, 2026 Processed 21d 5h ago
Insider cluster: 2 insiders, $4.4M total
Latest settled — T+5d
DVN ▼ -9.12% at T+5d
NEUTRAL call ✗ call lost -9.12% · α vs SPY -10.74% · entry $49.67 → $45.14
Next anchor: T+20d in 5d
Currently $44.07 · -11.27% from $49.67 entry
Entry anchored
May 15, 04:49 PM ET
via Databento tick
T+1d
+0.04%
call +0.04% · α +0.69%
$49.69
settled 23d ago
T+5d
-9.12%
call -9.12% · α -10.74%
$45.14
settled 19d ago
T+20d
call — · α —
in 5d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Two DVN insiders (EVP & Chief Corp Dev Officer and SVP & General Counsel) sold a combined $4.42M in open-market sales over a 4-day window. A director also made a large gift and tax-withholding transaction (non-cash). The total open-market sales represent ~0.014% of DVN's $30.9B market cap, which is trivial and routine. No insider buying occurred.

Key Financial Metrics

Direction
selling
Total Value
$4.4M
Insiders
2

Actionable Insight

Insider selling is trivial relative to market cap and likely reflects routine portfolio diversification or tax planning. No bearish signal. Monitor for any material change in insider buying patterns or a significant increase in selling volume above 0.1% of market cap.

Key Facts

  • EVP & Chief Corp Dev Officer Jeffrey Ritenour sold 70,000 shares at $46.66 for $3.27M on 2026-05-11.
  • SVP & General Counsel Adam Vela sold 24,342 shares at $47.21 for $1.15M on 2026-05-14.
  • Director Thomas Jorden made a gift of 315,892 shares ($0) and tax-withholding surrender of 52,806 shares ($2.61M) on 2026-05-15 — both non-cash events.
  • Total open-market sales of $4.42M represent ~0.014% of DVN's $30.9B market cap — well below the 0.1% materiality threshold.
  • No insider open-market purchases were reported in the cluster.

Financial Impact

Open-market insider sales of $4.42M, or ~0.014% of market cap — immaterial.

insider ownershipfloat

Risk Factors

  • No material risk identified from this cluster alone.
  • If broader insider selling accelerates above 0.5% of market cap, it could signal management concern about near-term fundamentals.

Market Snapshot

Exchange
NYSE
Sector
Crude Petroleum & Natural Gas
Analyst Consensus
81% bullish (32 analysts)

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-DVN-1779226257009
20 reports for DVN
Performance horizon
57% Hit rate 4 of 7 directional calls best @ T+5▲ +3.60%May 7, 2026
Filters
Rows
Reports for DVN — sortable, filterable
Type Now
Jun 9, 2026
today
Press Release
MIXED ★ 6/10
$44.07 awaiting T+5awaiting T+5$44.07 (−0.00%)
Jun 5, 2026
4d ago
8-K
NEUTRAL ★ 2/10
$45.86 awaiting T+5awaiting T+5$44.07 (−3.90%)
May 22, 2026
18d ago
8-K
NEUTRAL ★ 6/10
$47.29 $46.31▼ −2.07%▼ −3.73%$44.07 (−6.80%)
May 21, 2026
19d ago
8-K
BULLISH ★ 6/10
$47.09 $44.50▼ −5.50%▼ −7.35%$44.07 (−6.41%)
May 21, 2026
19d ago
Press Release
BULLISH ★ 6/10
$47.09 $44.50▼ −5.50%▼ −7.35%$44.07 (−6.41%)
May 15, 2026
25d ago
Insider Cluster
NEUTRAL ★ 2/10
$49.67 $45.14▼ −9.12%▼ −10.74%$44.07 (−11.27%)
May 15, 2026
25d ago
Insider Cluster
NEUTRAL ★ 2/10
$49.67 $45.14▼ −9.12%▼ −10.74%$44.07 (−11.27%)
May 7, 2026
4w ago
8-K
BULLISH ★ 7/10
$45.60 $47.24▲ +3.60%▲ +2.14%$44.07 (−3.35%)
May 5, 2026
5w ago
8-K
BEARISH ★ 6/10
$46.54 $46.77▼ −0.50%▲ +0.63%$44.07 (+5.30%)
May 5, 2026
5w ago
425
BULLISH ★ 6/10
$50.89 $46.77▼ −8.10%▼ −10.08%$44.07 (−13.39%)
Showing 10 of 20

US Market Status

Market Closed — Opens Thu (10h 8m)

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