PBF Energy Inc. (NYSE:PBF) Insider Control Empresarial De Capital Purchases 40,000 Shares

Posted by Stephan Jacobs on Feb 6th, 2025

PBF Energy Inc. (NYSE:PBF – Get Free Report) insider Control Empresarial De Capital bought 40,000 shares of PBF Energy stock in a transaction on Monday, February 3rd. The stock was purchased at an average price of $27.47 per share, for a total transaction of $1,098,800.00. Following the completion of the acquisition, the insider now owns 29,355,998 shares in the company, valued at $806,409,265.06. This represents a 0.14 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Control Empresarial De Capital also recently made the following trade(s):

On Thursday, January 30th, Control Empresarial De Capital acquired 46,000 shares of PBF Energy stock. The shares were purchased at an average cost of $29.70 per share, for a total transaction of $1,366,200.00.
On Tuesday, January 28th, Control Empresarial De Capital acquired 60,000 shares of PBF Energy stock. The shares were bought at an average price of $29.29 per share, for a total transaction of $1,757,400.00.
On Wednesday, January 22nd, Control Empresarial De Capital acquired 100,000 shares of PBF Energy stock. The stock was purchased at an average cost of $29.60 per share, for a total transaction of $2,960,000.00.
On Tuesday, January 14th, Control Empresarial De Capital acquired 100,000 shares of PBF Energy stock. The shares were bought at an average price of $28.62 per share, for a total transaction of $2,862,000.00.
On Thursday, December 26th, Control Empresarial De Capital acquired 70,000 shares of PBF Energy stock. The stock was purchased at an average cost of $25.56 per share, with a total value of $1,789,200.00.
On Wednesday, December 18th, Control Empresarial De Capital purchased 341,500 shares of PBF Energy stock. The stock was bought at an average price of $26.86 per share, with a total value of $9,172,690.00.
On Wednesday, December 4th, Control Empresarial De Capital acquired 300,000 shares of PBF Energy stock. The stock was purchased at an average cost of $30.82 per share, with a total value of $9,246,000.00.
On Friday, November 29th, Control Empresarial De Capital purchased 195,000 shares of PBF Energy stock. The stock was acquired at an average price of $31.12 per share, for a total transaction of $6,068,400.00.
On Wednesday, November 27th, Control Empresarial De Capital acquired 409,000 shares of PBF Energy stock. The stock was purchased at an average price of $31.58 per share, for a total transaction of $12,916,220.00.
On Monday, November 25th, Control Empresarial De Capital bought 57,000 shares of PBF Energy stock. The shares were purchased at an average cost of $31.70 per share, with a total value of $1,806,900.00.

PBF Energy Stock Performance

NYSE PBF opened at $29.67 on Thursday. PBF Energy Inc. has a twelve month low of $24.21 and a twelve month high of $62.88. The firm has a 50-day simple moving average of $28.84 and a 200 day simple moving average of $31.73. The company has a current ratio of 1.34, a quick ratio of 0.65 and a debt-to-equity ratio of 0.21.

Hedge Funds Weigh In On PBF Energy

Several large investors have recently added to or reduced their stakes in the company. Fortitude Family Office LLC grew its holdings in shares of PBF Energy by 968.8% during the 4th quarter. Fortitude Family Office LLC now owns 1,165 shares of the oil and gas company’s stock worth $31,000 after purchasing an additional 1,056 shares in the last quarter. Quarry LP acquired a new stake in PBF Energy during the third quarter worth $48,000. Harbor Capital Advisors Inc. bought a new stake in PBF Energy in the 3rd quarter valued at $59,000. Golden State Wealth Management LLC acquired a new position in shares of PBF Energy in the 4th quarter valued at $61,000. Finally, Blue Trust Inc. lifted its holdings in shares of PBF Energy by 1,291.1% during the 3rd quarter. Blue Trust Inc. now owns 2,184 shares of the oil and gas company’s stock worth $68,000 after acquiring an additional 2,027 shares during the period. Institutional investors and hedge funds own 96.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on PBF shares. The Goldman Sachs Group dropped their target price on PBF Energy from $38.00 to $34.00 and set a “neutral” rating on the stock in a report on Tuesday, December 10th. StockNews.com downgraded shares of PBF Energy from a “hold” rating to a “sell” rating in a research report on Monday, November 4th. Bank of America started coverage on shares of PBF Energy in a research note on Thursday, October 17th. They set an “underperform” rating and a $25.00 target price for the company. Scotiabank cut their price objective on PBF Energy from $45.00 to $31.00 and set a “sector perform” rating for the company in a report on Thursday, October 10th. Finally, TD Cowen downgraded PBF Energy from a “hold” rating to a “sell” rating and lowered their target price for the company from $27.00 to $20.00 in a research note on Friday, December 20th. Seven equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $32.00.

View Our Latest Stock Analysis on PBF

PBF Energy Company Profile

(Get Free Report)

PBF Energy Inc, through its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products from crude oil.