Insider Cluster (2 insiders) ·Filed May 15, 2026
Insider cluster: 2 insiders, $4.4M total
Actionable Insight • Neutral
The insider selling volume is routine and lacks materiality. Focus on Coterra merger integration for the next catalyst; monitor for any insider buying post-close.
Final — all horizons settled through T+60d ⚠ clustered
DVN ▼ -9.68% at T+60d
NEUTRAL call ✗ call lost -9.68% · α vs SPY -14.26% · entry $49.67 → $44.86
T+1d
+0.04%
call +0.04% · α +0.69%
$49.69
settled 5mo ago
T+5d
-9.12%
call -9.12% · α -10.74%
$45.14
settled 4mo ago
T+20d
-12.35%
call -12.35% · α -14.54%
$43.53
settled 4mo ago
T+60d
-9.68%
call -9.68% · α -14.26%
$44.86
settled 7w ago
Price Chart
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Executive Summary
Two Devon Energy executives (EVP and SVP) sold shares totaling $4.42M in open-market transactions within a week of the company's Q1 earnings miss and pending Coterra merger close. The sales are trivial relative to the $29.4B market cap (0.015%) and are not a strong bearish signal.
Key Financial Metrics
Direction
selling
Total Value
$4.4M
Insiders
2
Key Facts
- EVP Jeffrey Ritenour sold 70,029 shares at $46.66 ($3.27M) on May 11.
- SVP Adam Vela sold 24,342 shares at $47.21 ($1.15M) on May 14.
- Total cluster value of $4.42M is only 0.015% of Devon's $29.4B market cap.
- Q1 2026 core earnings missed consensus ($1.04 vs $1.10); revenue fell 14.5% YoY.
- Coterra merger received shareholder approval and is expected to close by May 7.
Financial Impact
Insider sales total $4.42M, negligible relative to $29.4B market cap.
insider holdings
Risk Factors
- Commodity price weakness continues to pressure revenue.
- Coterra merger integration risks.
Market Snapshot
Exchange
NYSE
Sector
Crude Petroleum & Natural Gas
Analyst Consensus
81% bullish (32 analysts)
Investment Themes
Traditional Energy
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DVN-1778878846455 |
23 reports for DVN
63% Hit rate best @ T+60▲ +5.08%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 18d ago | Insider Cluster | $49.73 $47.59 | ▼ −4.30% | ▼ −5.96% | $46.94 (−5.61%) |
Jul 13, 2026 11w ago | Institutional Cluster | $43.73 $43.83 | ▲ +0.23% | ▲ +1.01% | $46.94 (+7.34%) |
Jun 25, 2026 14w ago | 8-K | $42.21 $40.47 | ▼ −4.12% | ▼ −6.29% | $46.94 (+11.21%) |
Jun 9, 2026 16w ago | Press Release | $46.60 $42.89 | ▼ −7.96% | ▼ −11.39% | $46.94 (+0.73%) |
Jun 5, 2026 16w ago | 8-K | $45.08 $43.53 | ▼ −3.44% | ▼ −5.55% | $46.94 (+4.13%) |
May 22, 2026 18w ago | 8-K | $47.29 $46.31 | ▼ −2.07% | ▼ −3.73% | $46.94 (−0.73%) |
May 21, 2026 19w ago | 8-K | $47.09 $44.50 | ▼ −5.50% | ▼ −7.35% | $46.94 (−0.31%) |
May 21, 2026 19w ago | Press Release | $47.09 $44.50 | ▼ −5.50% | ▼ −7.35% | $46.94 (−0.31%) |
May 15, 2026 19w ago | Insider Cluster | $49.67 $45.14 | ▼ −9.12% | ▼ −10.74% | $46.94 (−5.49%) |
May 15, 2026 19w ago | Insider Cluster | $49.67 $45.14 | ▼ −9.12% | ▼ −10.74% | $46.94 (−5.49%) |
Showing 10 of 23
US Market Status
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