Control Empresarial de Capitales S.A. de C.V., a 10% owner and director of PBF Energy Inc. (NYSE:PBF), has reported the sale of a substantial block of shares. The entity disposed of a total of 220,000 Class A Common Shares on July 20, 2026, for a combined value of $14,072,118.
The transactions involved two separate sales. In one instance, 100,000 shares were sold at a weighted average price of $63.5001 per share. Individual sales within this transaction ranged from $63.50 to $63.51. A second transaction saw the sale of 120,000 shares at a weighted average price of $64.3509 per share, with prices for these sales ranging from $64.00 to $64.65.
The timing of these sales comes as PBF shares trade near their 52-week high of $66.05, following a remarkable 148% year-to-date gain. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value. Investors seeking deeper insights can access the comprehensive Pro Research Report on PBF, one of 1,400+ US equities covered with expert analysis and actionable intelligence.
Following these reported sales, Control Empresarial de Capitales S.A. de C.V. beneficially owns 15,492,128 Class A Common Shares. The filing was signed on July 22, 2026.
In other recent news, PBF Energy has been active with several developments. The company announced the pricing of $500 million in senior notes at a 7.25% interest rate, set to mature in 2034. This offering is expected to close on May 28, 2026, pending customary conditions. Analysts have also been adjusting their outlooks on PBF Energy. Evercore ISI initiated coverage with an In Line rating, citing the company’s potential as a high-value refiner but noting certain risks that need to be mitigated. Mizuho raised its price target for PBF Energy shares to $57, maintaining a Neutral rating, while its earnings estimates are slightly below street expectations. Freedom Broker began coverage with a Hold rating and a price target of $42, mentioning the stock’s significant rise over the past year. Meanwhile, TD Cowen upgraded its rating to Hold from Sell, highlighting strong refining margins. These developments reflect a range of analyst perspectives on PBF Energy’s current and future performance.
PBF Energy IncFollowAnalyze PBFIncluded in our AI-picked strategies·Review strategies64.33▼-1.72(-2.60%)Closed66.00▲+1.67(+2.60%)Pre Market·07:23:081D1W1M6M1Y5YMaxCreated with Highcharts 11.4.814:0015:0016:0017:0018:0019:00626466Analyze PBFThis article was generated with the support of AI and reviewed by an editor. For more information see our T&C.Is PBF undervalued—or a trap?Gut instinct isn't enough. Our Fair Value calculator uses 17 proven valuation models to reveal what PBF is really worth.Get instant clarity on PBF—plus thousands of other stocks—before the opportunity disappears.July Sale - 60% Off InvestingPro