WBI (NYSE:WBI) Major Shareholder Energy Corp/De Devon Sells 1,755,174 Shares

Posted by Jessica Moore on Jun 25th, 2026

WBI (NYSE:WBI – Get Free Report) major shareholder Energy Corp/De Devon sold 1,755,174 shares of WBI stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $30.05, for a total value of $52,742,978.70. The transaction was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

WBI Stock Down 1.3%

Shares of NYSE WBI opened at $28.22 on Thursday. The firm has a market cap of $3.48 billion and a PE ratio of 112.87. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.79. WBI has a 52-week low of $18.64 and a 52-week high of $36.21. The firm has a 50-day moving average price of $29.45.

WBI Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $0.20 annualized dividend and a yield of 0.7%. WBI’s payout ratio is 80.00%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group increased their price objective on WBI from $32.00 to $36.00 and gave the company a “buy” rating in a report on Friday, May 29th. Barclays lifted their target price on shares of WBI from $29.00 to $33.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Weiss Ratings upgraded shares of WBI from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, May 18th. UBS Group set a $33.00 price target on shares of WBI in a research note on Monday, March 16th. Finally, Wall Street Zen raised shares of WBI from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $33.20.

Read Our Latest Report on WBI