Insider Trading March 12, 2026

Control Empresarial de Capitales Sells 860,000 PBF Energy Shares for $36.0 Million

Ten percent holder reduces stake in two trades as PBF stock trades near $42.92 after a strong one-year run

By Marcus Reed PBF
Control Empresarial de Capitales Sells 860,000 PBF Energy Shares for $36.0 Million
PBF

Control Empresarial de Capitales S.A. de C.V., a roughly ten percent owner of PBF Energy Inc., sold 860,000 shares of the company's Class A common stock across two trades on March 10 and March 11, 2026, raising $36,005,619. After the transactions the investor holds 25,391,098 shares. The trades took place as PBF shares traded at $42.92 following a 123% gain over the prior year, although the stock fell 6% in the last week. Analysts expect PBF to return to profitability this year with earnings of $1.55 per share; InvestingPro analysis indicates the stock appears slightly overvalued relative to its Fair Value.

Key Points

  • Control Empresarial de Capitales sold 860,000 PBF Class A shares for $36,005,619 across March 10-11, 2026.
  • PBF shares traded at $42.92 amid a 123% one-year gain but a 6% decline in the last week; InvestingPro shows the stock as slightly overvalued versus Fair Value.
  • Analysts expect a return to profitability with forecasted EPS of $1.55; Q4 2025 adjusted EPS was $0.66 on $7.14 billion revenue, slightly below forecasts.

What happened

Control Empresarial de Capitales S.A. de C.V., a shareholder holding approximately ten percent of PBF Energy Inc. (NYSE: PBF), completed two disposals of Class A common stock totaling 860,000 shares for combined proceeds of $36,005,619.

Trade details

The sales were executed on March 10 and March 11, 2026. On March 10 the firm sold 22,000 shares at a weighted average price of $40.0843, with execution prices ranging from $39.99 to $40.13. The following day, March 11, it sold 838,000 shares at a weighted average price of $41.9138, with prices ranging from $41.5101 to $42.23.

Post-transaction ownership

After these two transactions, Control Empresarial de Capitales S.A. de C.V. directly owns 25,391,098 shares of PBF Energy Inc.

Market context

The disposition occurred while PBF shares were trading at $42.92. Over the last 12 months the stock has appreciated 123%, though it has pulled back 6% over the past week. External analysis from InvestingPro flags the shares as appearing slightly overvalued relative to their Fair Value at current levels.

Analyst outlook and recent results

Analysts covered in available reporting expect PBF to return to profitability in the current year with projected earnings of $1.55 per share, which would represent a material improvement from last year’s loss. The company’s most recent quarter, fourth-quarter 2025, produced an adjusted earnings per share of $0.66, exceeding a consensus forecast of -$0.20. Revenue for the quarter was $7.14 billion, slightly under the expected $7.17 billion.

Investor perspective

The positive adjusted EPS result in the fourth quarter stood out despite the minor revenue shortfall, and those earnings details have drawn attention from analyst firms monitoring the company’s financial trajectory. Shareholders and other market participants are watching these developments as they evaluate future investment decisions and the company’s path back to consistent profitability.


Key points

  • Control Empresarial de Capitales executed two sales on March 10-11, 2026, disposing of 860,000 PBF Class A shares for $36,005,619.
  • PBF traded at $42.92 at the time of reporting, having gained 123% over the past year but down 6% over the past week; InvestingPro flags the stock as slightly overvalued relative to its Fair Value.
  • Analysts forecast a return to profitability this year with EPS of $1.55; PBF reported adjusted EPS of $0.66 in Q4 2025 versus an expected -$0.20, while revenue was $7.14 billion against a $7.17 billion projection.

Risks and uncertainties

  • Market volatility: The stock has experienced significant one-year gains and recent week-to-week declines, which may affect valuation and investor sentiment - this impacts equity markets and energy-sector investors.
  • Revenue performance: The company’s latest quarter missed revenue expectations slightly even as earnings beat estimates; continued revenue shortfalls could influence future analyst revisions and market reactions in the energy and refining sectors.

Note: Investors are monitoring earnings trajectory and valuation metrics as they weigh future investment decisions. InvestingPro is cited for its valuation commentary and for offering additional proprietary data on the company.

Risks

  • Short-term market volatility in PBF shares following large insider sales could affect energy-sector equities and investor positioning.
  • Slight revenue miss in Q4 2025 introduces uncertainty around growth momentum for the refining and energy markets.

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