PBF Energy Insider Sells $3.3M in Shares

Control Empresarial De Capital reduces stake in refining company

Apr. 8, 2026 at 10:26pm

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An extreme close-up of shiny, intricate industrial machinery and equipment used in oil refining, conveying the physical scale and complexity of the energy sector.Insider selling activity at PBF Energy highlights the tangible, capital-intensive nature of the petroleum refining industry.Parsippany Today

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 70,000 shares of the company's stock on Tuesday, April 7th. The shares were sold at an average price of $47.10, for a total transaction of $3,297,000. Following the sale, the insider now directly owns 19,253,698 shares in the company, valued at approximately $906.8 million.

Why it matters

This transaction represents a 0.36% decrease in Control Empresarial De Capital's position in PBF Energy. Insider transactions can provide insights into a company's performance and future outlook, as well as the confidence of key stakeholders.

The details

Control Empresarial De Capital has made several other large sales of PBF Energy stock in recent weeks, including 130,000 shares on April 6th, 600,000 shares on March 27th, and over 2 million shares in the last two weeks of March. The sales come as PBF Energy's stock price has fluctuated between $46-$52 per share over the past month.

  • The 70,000 share sale occurred on Tuesday, April 7, 2026.
  • Control Empresarial De Capital has made several other large sales of PBF Energy stock in the last two weeks of March 2026.

The players

Control Empresarial De Capital

A major insider shareholder of PBF Energy Inc. who has been reducing their stake in the company through a series of large stock sales.

PBF Energy Inc.

An independent petroleum refining and supply company that owns and operates five refineries in the United States.

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What’s next

Investors will be watching to see if Control Empresarial De Capital continues to sell down its position in PBF Energy, which could signal a potential shift in the company's outlook or strategy.

The takeaway

This insider selling activity provides a data point on the confidence levels of a major PBF Energy shareholder, though the reasons behind the sales are not entirely clear. Investors will be analyzing PBF's fundamentals and any potential implications from this insider transaction.