The CEO's $200K open-market buy is a modest confidence signal, but the simultaneous EVP sale and trivial size relative to market cap make this cluster non-actionable. Monitor for any material corporate events (earnings, M&A, guidance) that could have prompted the CEO's purchase; absent such catalysts, this filing has no trading implications.
Price Chart
Executive Summary
Devon Energy CEO Clay Gaspar made an open-market purchase of $200K in DVN shares on September 14, while EVP Robert Lowe sold $344K on the same day. The CEO's buy is a modest positive signal, but the net dollar value is trivial relative to DVN's $55.3B market cap (~0.001%), and the cluster is mixed in direction, limiting its informational value.
Key Financial Metrics
Key Facts
- CEO Gaspar purchased 3,913 shares at $51.08 for $199,876 in an open-market transaction on 2026-09-14.
- EVP Lowe sold 6,756 shares at $50.95 for $344,218 in an open-market transaction on 2026-09-14.
- CEO Gaspar also received a non-cash grant of 53,979 shares on 2026-09-10 with $0 value.
- Total cluster value is $544K, representing ~0.001% of DVN's $55.3B market cap.
- Net direction is mixed (one buy, one sell) with no clear directional signal.
Financial Impact
Total insider cluster value of $544K is immaterial relative to $55.3B market cap (0.001%).
Risk Factors
- Insider sales by EVP Lowe may reflect routine portfolio diversification or tax planning, not a bearish view.
- Historical performance on DVN reports shows a 30% win rate at T+20 with average alpha of -7.59%, suggesting the stock has been difficult to predict via filings.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DVN-1789448576931 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 18d ago | Insider Cluster | $49.73 $47.59 | ▼ −4.30% | ▼ −5.96% | $47.16 (−5.17%) |
Jul 13, 2026 11w ago | Institutional Cluster | $43.73 $43.83 | ▲ +0.23% | ▲ +1.01% | $47.16 (+7.84%) |
Jun 25, 2026 14w ago | 8-K | $42.21 $40.47 | ▼ −4.12% | ▼ −6.29% | $47.16 (+11.73%) |
Jun 9, 2026 16w ago | Press Release | $46.60 $42.89 | ▼ −7.96% | ▼ −11.39% | $47.16 (+1.20%) |
Jun 5, 2026 16w ago | 8-K | $45.08 $43.53 | ▼ −3.44% | ▼ −5.55% | $47.16 (+4.61%) |
May 22, 2026 18w ago | 8-K | $47.29 $46.31 | ▼ −2.07% | ▼ −3.73% | $47.16 (−0.27%) |
May 21, 2026 19w ago | 8-K | $47.09 $44.50 | ▼ −5.50% | ▼ −7.35% | $47.16 (+0.16%) |
May 21, 2026 19w ago | Press Release | $47.09 $44.50 | ▼ −5.50% | ▼ −7.35% | $47.16 (+0.16%) |
May 15, 2026 19w ago | Insider Cluster | $49.67 $45.14 | ▼ −9.12% | ▼ −10.74% | $47.16 (−5.05%) |
May 15, 2026 19w ago | Insider Cluster | $49.67 $45.14 | ▼ −9.12% | ▼ −10.74% | $47.16 (−5.05%) |
US Market Status
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