PBF Energy (NYSE:PBF) Insider Sells $30,312,000.00 in Stock

05 Apr 2026, 04:16 by Teresa Graham · The Cerbat Gem

PBF Energy Inc. (NYSE:PBF – Get Free Report) insider Control Empresarial De Capital sold 600,000 shares of the company’s stock in a transaction dated Friday, March 27th. The stock was sold at an average price of $50.52, for a total transaction of $30,312,000.00. Following the transaction, the insider owned 19,738,698 shares of the company’s stock, valued at $997,199,022.96. This represents a 2.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

On Thursday, March 26th, Control Empresarial De Capital sold 637,000 shares of PBF Energy stock. The shares were sold at an average price of $49.96, for a total transaction of $31,824,520.00.
On Tuesday, March 31st, Control Empresarial De Capital sold 200,000 shares of PBF Energy stock. The stock was sold at an average price of $50.74, for a total transaction of $10,148,000.00.
On Monday, March 30th, Control Empresarial De Capital sold 85,000 shares of PBF Energy stock. The shares were sold at an average price of $51.14, for a total transaction of $4,346,900.00.
On Wednesday, March 25th, Control Empresarial De Capital sold 469,700 shares of PBF Energy stock. The stock was sold at an average price of $49.44, for a total value of $23,221,968.00.
On Tuesday, March 24th, Control Empresarial De Capital sold 687,500 shares of PBF Energy stock. The stock was sold at an average price of $49.49, for a total value of $34,024,375.00.
On Monday, March 23rd, Control Empresarial De Capital sold 472,000 shares of PBF Energy stock. The shares were sold at an average price of $47.02, for a total value of $22,193,440.00.
On Friday, March 20th, Control Empresarial De Capital sold 340,000 shares of PBF Energy stock. The stock was sold at an average price of $48.84, for a total value of $16,605,600.00.
On Thursday, March 19th, Control Empresarial De Capital sold 52,000 shares of PBF Energy stock. The shares were sold at an average price of $50.18, for a total value of $2,609,360.00.
On Wednesday, March 18th, Control Empresarial De Capital sold 1,100,000 shares of PBF Energy stock. The stock was sold at an average price of $46.21, for a total transaction of $50,831,000.00.
On Tuesday, March 17th, Control Empresarial De Capital sold 600,000 shares of PBF Energy stock. The shares were sold at an average price of $44.43, for a total transaction of $26,658,000.00.

PBF Energy Stock Down 0.2%

PBF stock opened at $45.28 on Friday. The firm’s 50-day moving average is $39.77 and its two-hundred day moving average is $34.52. The company has a market capitalization of $5.29 billion, a price-to-earnings ratio of -30.80, a price-to-earnings-growth ratio of 0.56 and a beta of 0.25. PBF Energy Inc. has a 52 week low of $13.61 and a 52 week high of $52.18. The company has a current ratio of 1.21, a quick ratio of 0.51 and a debt-to-equity ratio of 0.40.

PBF Energy (NYSE:PBF – Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.64. PBF Energy had a negative net margin of 0.54% and a negative return on equity of 8.86%. The business had revenue of $7.14 billion during the quarter, compared to analysts’ expectations of $7.17 billion. During the same period last year, the firm posted ($2.82) earnings per share. The business’s revenue was down 2.9% on a year-over-year basis. On average, analysts forecast that PBF Energy Inc. will post -1.12 earnings per share for the current fiscal year.

PBF Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were issued a $0.275 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $1.10 annualized dividend and a dividend yield of 2.4%. PBF Energy’s dividend payout ratio is -74.83%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PBF. Smartleaf Asset Management LLC raised its holdings in shares of PBF Energy by 197.7% during the third quarter. Smartleaf Asset Management LLC now owns 887 shares of the oil and gas company’s stock valued at $27,000 after acquiring an additional 589 shares during the period. Torren Management LLC purchased a new stake in shares of PBF Energy in the 4th quarter valued at approximately $30,000. Los Angeles Capital Management LLC acquired a new position in PBF Energy in the 4th quarter worth approximately $31,000. Deseret Mutual Benefit Administrators boosted its stake in PBF Energy by 62.3% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,146 shares of the oil and gas company’s stock worth $35,000 after purchasing an additional 440 shares during the period. Finally, Hantz Financial Services Inc. grew its position in PBF Energy by 235.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,299 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 912 shares in the last quarter. 96.29% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting PBF Energy

Here are the key news stories impacting PBF Energy this week:

Positive Sentiment: BMO Capital Markets raised its price target on PBF to $50 (from $43) and maintained a market‑perform view, giving the stock fresh analyst support and an implied upside to current levels. BMO PT Raise
Positive Sentiment: PBF continues to pay a quarterly dividend ($0.275; annualized $1.10, ~2.4% yield) — a steady income cue that can attract income/value buyers, especially alongside refinery cash flows. Dividend / Marketbeat
Neutral Sentiment: Macro commentary: refinery/oil names including PBF are highlighted as beneficiaries if geopolitical risk (e.g., Strait of Hormuz disruptions) tightens crude markets — a potential tailwind but not a company‑specific catalyst. USAToday Hormuz
Neutral Sentiment: Several bullish value takes (Zacks, MSN summaries) frame PBF as a long‑term value/refining play; these may attract longer‑horizon investors but lack an immediate trading catalyst. Zacks Value Piece
Negative Sentiment: Large, concentrated selling by major shareholder Control Empresarial De Capital: multiple Form 4 filings show combined disposals across Mar. 26–31 totaling several million shares (hundreds of millions in proceeds). The scale of these block sales increases supply pressure and is a clear negative signal. Control Empresarial Form 4
Negative Sentiment: Multiple insider sales from senior executives and a director (Paul T. Davis, James Fedena, Thomas Nimbley) in late‑March represent meaningful reductions in insider positions and add to near‑term negative market psychology. Insider Trades Alert
Negative Sentiment: Analyst consensus remains mixed/weak (MarketBeat shows a “Reduce” tilt and an average target below current levels), limiting conviction for buyers despite individual raises. Marketbeat Consensus

Analyst Ratings Changes

Several brokerages have commented on PBF. The Goldman Sachs Group boosted their price target on shares of PBF Energy from $33.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Wolfe Research downgraded shares of PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 target price on the stock. in a report on Monday, December 8th. Zacks Research raised shares of PBF Energy from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 19th. Citigroup lifted their price target on shares of PBF Energy from $29.00 to $36.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Finally, Tudor Pickering raised PBF Energy from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $32.92.

Get Our Latest Research Report on PBF

About PBF Energy

(Get Free Report)

PBF Energy, Inc is an independent petroleum refiner organized in 2008 and headquartered in Parsippany, New Jersey. The company began trading on the New York Stock Exchange in July 2012 under the ticker symbol PBF. Since its formation, PBF Energy has grown through acquisitions and operational optimization, positioning itself as a leading supplier of refined petroleum products in the United States.

The company owns and operates five refineries located along the U.S. Gulf Coast, East Coast and in the Pacific Northwest, with a combined crude oil processing capacity of approximately 900,000 barrels per day.