Insider Trading March 26, 2026

Control Empresarial de Capitales Sells $57.24M of PBF Energy Stock Across Two Days

Ten percent holder reduces position as PBF trades near 52-week high; Q4 2025 results show EPS beat but revenue slightly below estimates

By Sofia Navarro PBF
Control Empresarial de Capitales Sells $57.24M of PBF Energy Stock Across Two Days
PBF

Control Empresarial de Capitales S.A. de C.V., a roughly 10% holder of PBF Energy Inc., sold 1,157,200 Class A common shares on March 24 and 25, 2026, raising $57,243,673. The disposals were executed in several tranches at prices between $48.5276 and $50.0871 per share. The sales come while PBF shares trade close to their 52-week high, following a strong run over the past year. Separately, PBF reported mixed fourth-quarter 2025 results, with adjusted EPS of $0.66 beating expectations and revenue of $7.14 billion slightly missing forecasts.

Key Points

  • Control Empresarial de Capitales S.A. de C.V. sold 1,157,200 Class A common shares of PBF Energy across March 24-25, 2026, raising $57,243,673.
  • Sales were executed in multiple tranches at prices ranging from $48.5276 to $50.0871 per share; following the transactions the holder directly owns 20,975,698 shares.
  • PBF reported mixed Q4 2025 results: adjusted EPS of $0.66 beat expectations of -$0.20, while revenue of $7.14 billion missed the $7.17 billion estimate; the stock has rallied substantially over the past year.

Control Empresarial de Capitales S.A. de C.V., which holds approximately ten percent of PBF Energy Inc. (NYSE: PBF), disclosed the sale of 1,157,200 Class A common shares of PBF Energy on March 24 and March 25, 2026. The aggregate proceeds from these transactions amounted to $57,243,673, with execution prices ranging from $48.5276 to $50.0871 per share.


The disposition occurred in a series of trades over two days. On March 24, 2026, Control Empresarial sold three lots: 174,000 shares at a weighted average price of $48.5276; 264,778 shares at a weighted average price of $49.5552; and 248,722 shares at a weighted average price of $50.0871. The following day, March 25, the entity sold 362,300 shares at a weighted average price of $49.342 and 107,400 shares at a weighted average price of $49.7614.

After completing these transactions, Control Empresarial de Capitales S.A. de C.V. retains direct ownership of 20,975,698 shares of PBF Energy Inc.


The timing of the share sales coincides with PBF trading close to its 52-week high of $51.80. Over the last 12 months the stock has returned 171%, and it has gained 87% year-to-date. An InvestingPro analysis noted in company filings indicates the stock currently appears overvalued relative to its Fair Value. PBF’s Pro Research Report is available on the InvestingPro platform for subscribers seeking further detail.


In separate corporate reporting, PBF Energy released its fourth-quarter 2025 financial results. The company recorded an adjusted earnings per share (EPS) of $0.66, outperforming analysts’ consensus of -$0.20. Revenue for the quarter was $7.14 billion, which fell modestly short of the $7.17 billion forecast.

Those results present a mixed picture for the period: earnings outpaced expectations while top-line performance slightly lagged. The earnings release has prompted commentary from analyst firms, but there have been no reported changes to analyst ratings in connection with the announcement.


Investors and market participants are watching both the insider sales and the quarterly performance as they reassess valuations and near-term prospects for PBF Energy. The sequence of events underscores the need to monitor company disclosures, trading activity, and subsequent analyst updates.

Risks

  • Market valuation risk - InvestingPro analysis indicates PBF appears overvalued relative to its Fair Value, which may affect investor expectations and price volatility.
  • Revenue shortfall risk - PBF’s Q4 2025 revenue narrowly missed forecasts, introducing uncertainty around near-term top-line trends for the company.
  • Insider selling could signal shifts in large-holder positioning - substantial block sales by a roughly 10% owner may influence market sentiment and liquidity for the stock.

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