Devon Energy (NYSE:DVN) SVP Andrea Alexander Sells 18,000 Shares

Posted by Geri Gentry on Jun 12th, 2026

Devon Energy Corporation (NYSE:DVN – Get Free Report) SVP Andrea Alexander sold 18,000 shares of Devon Energy stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $46.74, for a total transaction of $841,320.00. Following the completion of the sale, the senior vice president directly owned 138,529 shares of the company’s stock, valued at approximately $6,474,845.46. The trade was a 11.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Devon Energy Stock Up 1.5%

Devon Energy stock traded up $0.65 during mid-day trading on Friday, hitting $45.26. 14,809,491 shares of the company’s stock were exchanged, compared to its average volume of 14,089,480. Devon Energy Corporation has a 1-year low of $31.45 and a 1-year high of $52.71. The stock has a 50 day moving average of $47.11 and a two-hundred day moving average of $43.08. The company has a current ratio of 1.01, a quick ratio of 0.94 and a debt-to-equity ratio of 0.48. The stock has a market cap of $28.13 billion, a P/E ratio of 12.61 and a beta of 0.37.

Devon Energy (NYSE:DVN – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The energy company reported $1.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by ($0.02). Devon Energy had a return on equity of 15.22% and a net margin of 13.71%.The company had revenue of $3.81 billion for the quarter, compared to the consensus estimate of $4.34 billion. During the same quarter last year, the company posted $0.82 EPS. The business’s revenue was down 14.5% compared to the same quarter last year. As a group, analysts anticipate that Devon Energy Corporation will post 4.6 EPS for the current fiscal year.

Devon Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 2.8%. The ex-dividend date is Monday, June 15th. This is a positive change from Devon Energy’s previous quarterly dividend of $0.24. Devon Energy’s dividend payout ratio is currently 26.74%.

Wall Street Analyst Weigh In

Several brokerages have commented on DVN. JPMorgan Chase & Co. assumed coverage on Devon Energy in a research report on Monday. They issued an “overweight” rating and a $62.00 price target on the stock. Wall Street Zen downgraded shares of Devon Energy from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Tudor Pickering raised shares of Devon Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 20th. Sanford C. Bernstein upped their target price on shares of Devon Energy from $42.00 to $59.00 and gave the company an “outperform” rating in a research note on Monday, April 13th. Finally, Evercore raised shares of Devon Energy from an “in-line” rating to an “outperform” rating and set a $54.00 price target for the company in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Devon Energy presently has a consensus rating of “Moderate Buy” and an average price target of $58.67.

Get Our Latest Analysis on DVN

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DVN. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Devon Energy in the 4th quarter valued at $25,000. Accredited Wealth Management LLC lifted its holdings in shares of Devon Energy by 61.6% during the 3rd quarter. Accredited Wealth Management LLC now owns 808 shares of the energy company’s stock worth $28,000 after acquiring an additional 308 shares during the period. Ameriflex Group Inc. lifted its holdings in shares of Devon Energy by 702.0% during the 3rd quarter. Ameriflex Group Inc. now owns 802 shares of the energy company’s stock worth $28,000 after acquiring an additional 702 shares during the period. MV Capital Management Inc. acquired a new stake in shares of Devon Energy during the 4th quarter valued at about $29,000. Finally, Garton & Associates Financial Advisors LLC acquired a new stake in shares of Devon Energy during the 4th quarter valued at about $29,000. 69.72% of the stock is currently owned by institutional investors and hedge funds.

About Devon Energy

(Get Free Report)

Devon Energy Corporation (NYSE: DVN) is an independent oil and gas exploration and production company headquartered in Oklahoma City, Oklahoma. The company focuses on the exploration, development, production and marketing of hydrocarbons, including crude oil, natural gas liquids (NGLs) and natural gas. Devon operates as an upstream energy company that acquires, evaluates and develops onshore resource plays using a combination of drilling, completion and production optimization techniques.

Core business activities include identifying and developing energy reserves, operating well programs and managing reservoir performance to generate production and cash flow.