Devon Energy Corporation $DVN Shares Sold by Manatuck Hill Partners LLC

Posted by George Bondi on Jun 18th, 2026

Manatuck Hill Partners LLC lowered its stake in shares of Devon Energy Corporation (NYSE:DVN – Free Report) by 69.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,200 shares of the energy company’s stock after selling 20,800 shares during the period. Manatuck Hill Partners LLC’s holdings in Devon Energy were worth $337,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Accredited Wealth Management LLC boosted its stake in Devon Energy by 61.6% during the third quarter. Accredited Wealth Management LLC now owns 808 shares of the energy company’s stock worth $28,000 after buying an additional 308 shares during the last quarter. Ameriflex Group Inc. boosted its stake in Devon Energy by 702.0% during the third quarter. Ameriflex Group Inc. now owns 802 shares of the energy company’s stock worth $28,000 after buying an additional 702 shares during the last quarter. Neo Ivy Capital Management acquired a new position in Devon Energy during the third quarter worth $31,000. Olistico Wealth LLC acquired a new position in Devon Energy during the fourth quarter worth $31,000. Finally, Elyxium Wealth LLC acquired a new position in Devon Energy during the fourth quarter worth $31,000. Institutional investors and hedge funds own 69.72% of the company’s stock.

Insider Activity

In other news, SVP Adam M. Vela sold 24,342 shares of Devon Energy stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $47.21, for a total value of $1,149,185.82. Following the completion of the sale, the senior vice president directly owned 130,540 shares of the company’s stock, valued at approximately $6,162,793.40. The trade was a 15.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, 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 value 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 $6,474,845.46. The trade was a 11.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 112,371 shares of company stock valued at $5,258,059. 4.58% of the stock is currently owned by corporate insiders.

Devon Energy Price Performance

NYSE:DVN opened at $42.57 on Thursday. Devon Energy Corporation has a 52 week low of $31.45 and a 52 week high of $52.71. The company has a quick ratio of 0.94, a current ratio of 1.01 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $26.45 billion, a P/E ratio of 11.86 and a beta of 0.37. The stock’s fifty day moving average is $46.65 and its two-hundred day moving average is $43.28.

Devon Energy (NYSE:DVN – Get Free Report) last posted its earnings results on Tuesday, May 5th. The energy company reported $1.04 EPS for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.02). Devon Energy had a net margin of 13.71% and a return on equity of 15.22%. The business had revenue of $3.81 billion during the quarter, compared to analysts’ expectations of $4.34 billion. During the same quarter in the prior year, the firm earned $0.82 EPS. Devon Energy’s revenue for the quarter was down 14.5% compared to the same quarter last year. Equities analysts expect that Devon Energy Corporation will post 4.97 EPS for the current year.

Devon Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Monday, June 15th. This is a boost from Devon Energy’s previous quarterly dividend of $0.24. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.0%. Devon Energy’s payout ratio is presently 35.65%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on DVN. Citigroup boosted their price objective on Devon Energy from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. JPMorgan Chase & Co. initiated coverage on Devon Energy in a research report on Monday, June 8th. They issued an “overweight” rating and a $62.00 target price on the stock. Tudor Pickering upgraded Devon Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 20th. Capital One Financial reduced their target price on Devon Energy from $63.00 to $61.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 2nd. Finally, Jefferies Financial Group lifted their target price on Devon Energy from $62.00 to $63.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $58.44.

View Our Latest Report on Devon Energy

Devon Energy Company Profile

(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.