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WBINet selling

Insider activity on WBI over the last 12 months.

Open-market buys
Open-market sells
$584.2M
Distinct insiders
4
Filings (12mo)
15
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Price & insider trades

Where insiders bought and sold against WBI's price — tap a bubble for the P&L since.

Insider buyInsider sellClose · 12mo · $31.29 now
Tap a bubble to see the insider's P&L since they traded.

Graded signals

AI-scored insider events on WBI — tap any signal for the full read.

BEARISH
Devon Energy liquidates entire $52.7M WBI stake in first-ever sell transaction
12d ago

Energy producer Devon Energy sold its entire $52.7M direct stake (100% reduction) at $30.05, positioning the sale 17% below WBI's 90-day high. The Oklahoma-based E&P company had no prior WBI transactions in EDGAR records dating to 2013, making this their first and only position in the stock. Exit represents significant block liquidation; watch for secondary offering announcement or institutional buyer absorption over 30-60 days.

Where it could go — Energy sector corporate exits of this size typically pressure stock for 30-60 days; watch for buyback announcement or new institutional buyer above $31.

Conviction 5/10MEDIUM importance65% confidence
BEARISH
Director sells $177.1M in WBI, cutting direct stake by 75% in first-ever sale
14d ago

Director David N Capobianco sold $177.1M in shares at $30.05, reducing his directly held stake by 74.8% in his first-ever sale on record. This large, isolated sale by a long-tenured director introduces a significant new source of selling pressure, contrasting with the analyst consensus of STRONG BUY.

Where it could go — Analyst mean target not provided; bear case if stock breaks the 90-day low of $24.62.

Conviction 4/10MEDIUM importance70% confidence
BEARISH
WBR Holdings LLC exits $177M WBI stake, reducing position by 74.8% at $30.05
14d ago

Private equity entity WBR Holdings LLC reduced its WBI position by $177M (74.8% of directly held shares) at $30.05, pricing 17% below the 90-day high. The entity had no prior trading history with WBI and this represents its first-ever sale after entering the position in May 2026. Exit represents significant float overhang; watch for secondary offering or institutional buyer absorption given strong analyst consensus (11 buys, 2 holds).

Where it could go — PE exit of this size → stock typically digests in 30-60d; watch for buyback announcement or new institutional buyer above $31.

Conviction 5/10HIGH importance70% confidence
BEARISH
WaterBridge Resources sells $177M WBI stake in first-ever liquidation
14d ago

Private equity firm WaterBridge Resources reduced its direct WBI position by $177M (74.8% of directly held shares) at $30.05, 17% below the 90-day high. The entity had no prior trading history in WBI and this represents its first and only position change since becoming a 10% owner in May 2026. Exit represents a significant supply overhang; watch for secondary offering announcement or institutional absorption over 60 days.

Where it could go — PE exit of this size → stock typically digests in 30-60d; watch for buyback or new institutional buyer.

Conviction 5/10HIGH importance70% confidence

Recent insider trades

The open-market buys and sells filed on WBI.

DEVON ENERGY CORP/DE
10%+ owner · 2026-06-22
$52.7M
sell
Capobianco David N
Director · 2026-06-22
$177.1M
sell
WBR Holdings LLC
10%+ owner · 2026-06-22
$177.1M
sell
WaterBridge Resources LLC
10%+ owner · 2026-06-22
$177.1M
sell