PBF Energy Inc’s recent filing unveils that its Add’l Rep. Persons-see Ex.99-1 Control Empresarial de Capital acquired Company’s shares for reported $1.91 million on Mar 05 ’25. In the deal valued at $19.13 per share,100,000 shares were bought. As a result of this transaction, Control Empresarial de Capital now holds 30,349,998 shares worth roughly $644.03 million.
Then, Control Empresarial de Capital bought 155,000 shares, generating $3,131,775 in total proceeds. Upon buying the shares at $20.20, the Add’l Rep. Persons-see Ex.99-1 now owns 30,249,998 shares.
Before that, Control Empresarial de Capital bought 80,000 shares. PBF Energy Inc shares valued at $1,680,704 were divested by the Add’l Rep. Persons-see Ex.99-1 at a price of $21.01 per share. As a result of the transaction, Control Empresarial de Capital now holds 30,094,998 shares, worth roughly $638.62 million.
TD Cowen downgraded its PBF Energy Inc [PBF] rating to a Sell from a a Hold in a research note published on December 20, 2024; the price target was decreased to $20 from $27. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in mid December from “a Neutral” to “an Underperform”. Wells Fargo also remained covering PBF and has decreased its forecast on December 09, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. TD Cowen maintained its rating on November 01, 2024. It rated PBF as “a Hold”.
Price Performance Review of PBF
On Friday, PBF Energy Inc [NYSE:PBF] saw its stock jump 1.00% to $21.22. Over the last five days, the stock has lost -0.98%. PBF Energy Inc shares have fallen nearly -20.08% since the year began. Nevertheless, the stocks have fallen -55.68% over the past one year. While a 52-week high of $62.88 was reached on 01/15/25, a 52-week low of $18.97 was recorded on 03/05/25. SMA at 50 days reached $26.44, while 200 days put it at $33.65.
Levels Of Support And Resistance For PBF Stock
The 24-hour chart illustrates a support level at 20.81, which if violated will result in even more drops to 20.41. On the upside, there is a resistance level at 21.86. A further resistance level may holdings at 22.50. The Relative Strength Index (RSI) on the 14-day chart is 34.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.12%. Stochastics %K at 29.31% indicates the stock is a holding.
